DIESEL PRICE HIKE: GOV. SANWO OLU INCREASES BRT FARES
DIESEL PRICE HIKE: GOV. SANWO OLU INCREASES BRT FARES By Kate Donald, 30 July 2022, Lagos source: Goggle Following the hike in the price of diesel in the country, the Lagos State government has approved an increase of N100 for fares of Bus Rapid Transit (BRT) buses for all routes in the state. Assistant director, corporate communication of Lagos Metropolitan Area Transport Authority (LAMATA), Kolawole Ojelabi, who disclosed the development in a statement said however that the fare increase will take effect from July 13, 2022. According to Mr Ojelabi, governor Sanwo Olu reached the decision owing to the rising operational cost, especially for diesel. He added that Sanwo-Olu has also approved a proposal of a bail-out for the bus operating companies in a bid to minimise the effects of the harsh operating environment. “To sustain the operations of regulated bus services in Lagos State, the State Governor, Mr Babajide Sanwo-Olu, has approved a flat rate increase by N100 in bus f...