News
Lagos approves 13% fare hike for BRT
The Lagos State Government has approved a 13 per cent increase in fares across all services under the Bus Reform Initiative, which includes the Bus Rapid Transit system and standard bus routes throughout the state.
According to a Monday statement issued by the Head of Corporate Communication of the Lagos Metropolitan Transport Authority, Kolawole Ojelabi, the revised fare structure will come into effect on Monday, March 2, 2026.
He stated that Governor Babajide Sanwo-Olu granted the approval after receiving appeals from regulated public transport operators, who highlighted the mounting challenges threatening the long-term viability of their operations in Nigeria’s current economic climate.
“The urgency of the review, officials noted, is underscored by persistent inflationary trends, with Nigeria’s inflation rate closing 2025 at 15.2 per cent, according to data from the National Bureau of Statistics.
“Bus operating companies have continued to grapple with rising operational costs, including increased expenses for vehicle maintenance, spare parts, and staff salaries, particularly following the implementation of the new national minimum wage structure,” he stated.
The statement added that, in a bid to maintain and improve service standards, operators were also investing in the procurement of new, cleaner, and more fuel-efficient buses to enhance passenger comfort and promote environmental sustainability.
The government reassured commuters of its commitment to balancing affordability with the need to ensure safe, reliable, and efficient public transportation across the state.
-
Politics22 hours ago2027: Real-time results transmission achievable, say telcos
-
News7 hours agoGOC Survives Ambush As Troops Gun Down Lakurawa Terrorists In Kebbi
-
World News22 hours agoNemesio Oseguera, the brutal Mexican drug lord known as ‘El Mencho’
-
Politics7 hours agoADC vows court action over Enugu N150m campaign fee
-
News18 hours agoWike Nullifies Over 400 Land Titles In Abuja
-
News7 hours agoFresh loans: FG domestic debt jumps to N77tn
-
Business22 hours agoNigeria wins $6.2m arbitration case against European tech giant
-
Metro7 hours agoAwujale: Ruling House seeks Tinubu’s intervention in selection impasse
