Plans have been announced of the increment of fares on all routes of the Lagos State Bus Rapid Transit (BRT) scheme, an operator with Primero Transport Services said.

The company’s Managing Director, Mr Fola Tinubu, made the disclosure in an interview with the News Agency of Nigeria (NAN) in Ikorodu on Thursday.

Tinubu said that the increase, which will take effect from February was as result of its increasing operational cost.

The company has maintained a fare of N75, N120, and N195 from Ikorodu to Mile 12, Fadeyi, and CMS, respectively, since it started operations in November 2015.



According to him, the company will introduce new fares which will take effect between the end of February and early March.

Tinubu said: “we are going to increase our price because of the situation in the country, our cost has just gone through the roof.

“At this time last year, we bought 1.2 million litres of diesel monthly at N120 per litre, we are now buying at N260; tyres that cost N70,000 each now go for N140,000.

“All the parts used for the buses are imported so they’ve all doubled or tripled in price; and we have no choice but to continue to buy them.

“So, in doing that we have to find a way to make it work because you all know that the buses were bought in China; so, we have a foreign dollar component in our debt portfolio.

“When we bought the buses it was N168 to a US dollar and now we are talking of N470 and we still have to pay the dollar component back.

“So, our debt has increased and our cost of operation has gone through the roof, and we have managed to keep the pricing same for now.

“In fact, right now, we are subsidising every person we carry, and if you are running a business, you can only do that for so long.’’

He said though the company was aware of its social responsibility, but the increase in fares was inevitable if its bus services were to be kept on a sustainable footing.

“The airlines have increased their between 200 per cent and 300 per cent but we will not even do 100 per cent.

“So, it is going to be something manageable for people. I will try not to put a figure to that now because the governor still has to approve it, and I don’t want to preempt him.

“What I can say is that it’s going to be a marginal increase and not a drastic increase and still less than what the commercial bus operators are charging right now.

“We are not even going to be close to that; but there is no other solution to it because if we do not, it is going to be recipe for disaster down the road,’’ Tinubu, said.

NAN reports that operators of the yellow-painted commercial bus currently charge N150, N200, and N350 from Ikorodu to Mile 12, Fadeyi, and CMS, respectively.

On the issue of delays caused during drivers changeover, Tinubu said the company had introduced the Early Riser System to check the menace.

“We send a total of 75 buses out at 4.30 so that when majority of the busmen are changing over the early risers are still on the wheels.

“As time goes on, we may increase to 100 buses so that that way it would completely eliminate 1.30 p.m – 2.30 p.m delay issue.

http://www.newshelm.com/2017/01/brt-introduces-new-transport-fares.html

Brt

Suffering continues


Bubu..God will judge u

APC as a party has a lot to do in order to retain power

Nigerians voted for suffering... You had options but Tinubu led you to dig your own graves..

God have mercy!

This will give other public buses the very reason they need to hike their fares and people will have no choice but to squeeze out the money. It is well

Lol, good for them

NO winners in the heartless Buhari Govt ..Please my fellow Nigerian no matter your age, creed or language it's time we all agree that Buhari is a disaster and it's about time he leaves

MAVRODIAL INCREMENT EVERYWHERE IN NIGERIA

Recession finally caught up with BRT Buses

Tinubu, u go die with Buhari

mk God scatter ds country mk we start afresh abeg

Noted

Them sha wan Kill the Masses Last Last..Haaa Aye Oo...Who we offend for this country Na..Iya Yi Le O oo..Mommy Mi ati Daddy Mi Egbami Oo..Haaa Massacre Leleyi Oo

And it keeps getting better

Suffering and smilling

FOLA TINUBU? really..........

BRT, so you want to be competing with Danfo....??

Duh,

So the same government that created problems are also complaining.

This isn't the Nigeria of our dreams

Chaaaiii, buhari economic policies has affected tinubu's state....

Can we call this one karma?

I'm not surprised...

Why government now, u cause this suffering and you also want to add more

na wa o , we need more buses imagine spending close to one hour queuing at agric

Everything about this APC govt is wrong

Lagosians voted massively for buhari,so they should enjoy the sweet change, they deserved it

APC........
CHAINS!!!!!!!

Lagusta:
Chaaaiii, buhari economic policies has affected tinubu's state....
Can we call this one karma?

No, it's karma junior sister, karma is coming soon....

chai this is wen we need this mmm most.....i miss mmm

Yet another burden brought up on the masses as a result of this CHANGE ish.




Watch and pray...

Baawaa:
APC as a party has a lot to do in order to retain power

The issue is that as bad as d PMB govt has turned out to be,there is no candidate out there who is not utterly corrupt and whose ability to take us out of this economic nightmare is guaranteed.
Rather than vote in any member of d killer party,PDP,or face d grim prospects of another PMB term,if God keeps him,I feel Osinbajo,divinely enthrolled by circumstances and allowed a full 4yr term from 2019,is d safest option.
He may or maynot take us of d woods,but d nightmare of anyone of Saraki,Atiku,Lamido,Kwankwaso etc being president of this country,is a sure recipee of taking us back to the era of free looting,besides not aving any hope of having an economic plan to end d severe hardship in d land.