Effective from Wednesday, March 1, 2017, there will be a fare increase for LAGBUS and other BRT services in Lagos State. This development was announced today, Monday, February 13, 2017, by Governor Akinwunmi Ambode through the Managing Director of LAMATA, Engr. Abiodun Dabiri who shared the new fares of the bus operators with newsmen.
The 20 – 50 percent increase in fare is as a result of the current economic downturn which has consequently escalated all costs related to operation of the Public transport beyond any financial forecast or projection.
Engr. Dabiri who spoke at a press briefing today in Lagos, explained that the current Government is focused on a strategic reform of the public transport in order to create a world-class public transport infrastructure and support for operations that is modern, cost-effective, safe and sustainable on the long run.
According to him, the “State Government had to consider the request of the operators for an upward review of bus fares due to the current prices on some of these schemes, which have stayed constant for more than 6 years for some operators”.
He added that “in approving the fare increase, government weighed the justification of the operators for the increase vis-a-vis the effect on commuters.”
With the increment set to take effect on March 1, commuters who board BRT buses from the Ikorodu corridor to CMS will now pay N300 (Three hundred naira). Same also applies to commuters from the CMS corridor who intend to get to Ikorodu with a one-way ticket.
Also, commuters from Ikorodu to Fadeyi will now pay N200 (Two hundred naira) instead of the old fee of N120 (One hundred and twenty naira).
Similarly, the cost of BRT from Mile to CMS corridor will jump from N120 (One hundred and twenty naira) to N200 (Two Hundred naira) while Mile 12 to Fadeyi will now cost N150 (One hundred and fifty naira) instead of N70 (Seventy naira).
While appealing to commuters to show understanding as the new fares take effect, the LAMATA boss gave assurance that operators would reciprocate the gesture of the government by providing services befitting Lagos as a mega city.
Dabiri also used the opportunity to advise LAGBUS and all other operators to improve their cost efficiency and effectiveness as it would be difficult to pass the entire cost of operations to the consumers, thus mandating them to sensitise transport users through various media about the new fare regime.