Governor Babajide Sanwo-Olu of Lagos has approved the increase of an average of 46 per cent on bus services on the routes operated by the Lagos Bus Services Limited (LBSL).
Mr. Kolawole Ojelabi ,the Assistant Director, Corporate Communication, at the Lagos Metropolitan Transportation Authority (LAMATA), said the increase takes effect from August 1.
Following a plea by the bus operating company on the need to sustain its operation against the negative effect of the COVID-19 pandemic on public bus transportation, the Governor Sanwo-Olu assented to the bus fare review .
Also , the governor approved LBSL’s request to increase the number of passengers per bus from 20 to 42 in observance of updated COVID-19 protocol, as directed by the Nigerian Centre for Disease Control (NCDC) in the operation of public transport, while ensuring other measures are in place.
Sanwo-Olu granted LBSL buses permission to access dedicated bus lanes in Lagos State, thus making their journey times predictable on corridors with bus dedicated lanes.
LBSL had argued that conveying not more than 20 passengers per bus, per trip, had resulted in only 14 per cent utilisation of the bus load factor, leading to 72 per cent drop in revenue, while the running costs remained fairly the same.
It stated that the fare increase would improve LBSL’s operational efficiency and place the bus operating company on the path to sustainability in the medium to long term.