Home BUSINESS Fuel Price Increase: Lagos Donates 50 Buses As Palliatives To Residents

Fuel Price Increase: Lagos Donates 50 Buses As Palliatives To Residents

Lagos busesThe Lagos State Government has donated 50 new high-capacity bus rapid transit (BRT) vehicles to Primero Transport Services Limited to cushion the effect of the new pump price of premium motor spirit (PMS) on its residents.

The firm’s Managing Director, Mr. Fola Tinubu, who spoke to news men in Ikorodu, alongside other top officials, said that there would be no increase in fares as a result of the inflation rate.

 Tinubu said that the state government, under the administration of Governor Akinwunmi Ambode had donated 50 new BRT buses to Primero Transport Services Limited at the instance of prevailing economic challenges in the country.

According to him, this measure would substantially reduce the effect of hike in fuel price on Lagos residents, hoping that more people in Ikorodu and its environs would patronize BRT.

The managing director explained that with what the Ambode administration had done, more commuters will leave their cars at home and use BRT, which he said, would go a long way in reducing traffic congestions for the road users.

He explained that the multiplier effect of this kind of intervention provided by the present administration will lead to creation of more job opportunities for drivers, fleet officers, inspectors, mechanics, ticketers for smooth running and operations of the business.