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Home Business News

These Are The New BRT And Lagbus Fares

Onome Ohwovoriole by Onome Ohwovoriole
February 14, 2017
in Business News
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The Lagos State Government has officially approved the increase in fares by operators of the BRT and Lagbus schemes. 

Lagbus are the buses run by Lagos Area Metropolitan Transport Authority (LAMATA). MD of LAMATA, Mr Abiodun Dabiri said galloping increases in fuel, and consumables such as oil and tyres led to the increase.The price increases range between 20%-50% depending on the route.

Commuters on the Ikorodu to Mile 12 route, will have to pay an extra ₦ 25 naira as the fare has been increased from ₦ 75 naira to ₦ 100 naira. 

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Those who take the Ikorodu to Fadeyi route formerly ₦ 120 naira, has gone up to ₦ 200 naira. Ikorodu to CMS now costs 300 naira per trip, up from ₦ 200 naira.

The price increase for Lagbus, cuts across all its 61 routes. Commuters who take the bus from CMS to AJah will need an extra 50 naira, as the fare has been increased from 150 to 200 naira. 

The same applies for those plying the CMS to Oshodi route as it now goes for 150 naira, up from ₦ 100 naira. The Leventis to Eko Hotel route which was ₦ 70 naira, now goes for ₦ 100 naira.

Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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