Tinubu Speaks on Proposed Hike on BRT Fares

economY

By: Onimisi-Momoh

Managing Director, Primero Transport Services Limited, Fola Tinubu, has given a fresh update on the proposed hike on BRT fares.

According to the reports, Tinubu had said that the company will introduce new fares which will take effect between the end of February and early March due to the increased cost of maintenance.

He, however, disclosed that final decisions has not been taken as they are under the control of the Lagos State government.

According to news source Dailypost He said: “We have not announced an increase in BRT fares. What I said in that interview was that I plan to approach our regulators to seek an increase. But, until the regulators give their approval, there is no increase in fares.”

He added: “We don’t have control over the fares because we are regulated by Lagos State government. The government is the only one that can make any change in the fares. The company or I cannot decide on our own to increase the price. I didn’t say we are increasing the transport fares yet. That is not what I said.”

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By: Onimisi-Momoh Managing Director, Primero Transport Services Limited, Fola Tinubu, has given a fresh update on the proposed hike on BRT fares. According to the reports, Tinubu had said that the company will introduce new fares which will take effect between the end of February and early March due to […]

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