.. To begin implementation of new transport fare August 1st, 2020
Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has approved the use of the Bus Rapid Transit (BRT) dedicated corridor by Lagos Bus Services Limited (LBSL) buses, just as he also granted approval for the operators of the buses to commute passengers to its full capacity without standing amidst strict adherence to necessary safety protocols.
As part of reforms presently ongoing in Lagos Bus Services Limited (LBSL), the Managing Director / Chief Executive Officer of the Agency, Mr. Idowu Oguntona also announced an average of 46 per cent increase in the transportation fare of LBSL with effect from 1st of August 2020.
The Company stated that conveying not more than 20 passengers per bus, had resulted in only 14 per cent utilization of the bus load, leading to 72 per cent drop in revenue of the company while running costs remained fairly the same.
The approval to use the bus Corridor by the Governor was to further give the commuting public a better experience on Lagos roads, while the increase in the number of passengers and fare becomes necessary in order to enable the company sustain its operations following the negative impacts of the COVID19 pandemic on public bus transportation.
According to the Managing Director of the company, “the Governor also approved LBSL’s request to increase the number of passengers per bus from 20 to 42 in strict observance of updated COVID19 safety protocol as directed by the Nigerian Centre for Disease Control (NCDC) in the operation of public transport, whilst ensuring all other measures are in place.”
Oguntona in a Statement on Monday, described the approval from the Governor as a long-expected desire by the agency, saying that news of the approval came at such a crucial time when the commuters needed it most, thus making bus journey times predictable on corridors with bus dedicated lanes.
He stated that the decision of the Governor will further reposition the company for enhanced performance, assuring all the stakeholders of the company of an improved operational experience going forward.
Oguntona added that the fare increase would improve LBSL’s operational efficiency and place the company on the path of sustainability in the long term.
The Managing Director explained that the permission granted by the Governor now gives access to LBSL buses to use the dedicated BRT corridor from Berger through Ikorodu Road to Leventis, TBS, and Obalende and also from Oshodi through Ikorodu Road to Leventis, Inner- Marina, TBS and Obalende among several other routes.
He commended the gesture by the State Governor, Mr. Babajide Sanwo-Olu for listening to the yearnings of Lagosians when it mattered most.
He also appreciated the efforts of the Ministry of Transportation as well as LAMATA for their relentless efforts in moving the company forward.
The Managing Director of the company used the opportunity to reassure Lagosians that the company will continue to strive harder to bring public transportation in Lagos State to a reputable standard.
He also encouraged Lagosians to imbibe the culture of using public bus transit as a way of commuting within Lagos in a safe, comfortable and timely manner, to reduce unnecessary stress and cost of maintaining their vehicles as well as reduce traffic congestion on Lagos roads.