BFS To Increase Transport Fares

Bus Franchise Scheme is set to increase transport fares on some of it major routes in Lagos, southwest Nigeria, in the next couple of days.

BFS in a statement signed by Bode Dinyo, Managing Director of Mint Seal Services Limited and Elder Dimeji Sesan, President of ICBC stated that the increment became necessary at this point to enable the transport company recover some of its operational costs, purchase more buses to add to the existing fleet of 50 and provide lights along some major streets in Lagos.

The statement further explained that the Lagos State University, LASU-Iyana Ipaja route, Ikotun-Maryland route, as well as Ikeja-Iyana Ipaja are some of the routes that will be affected by the increase in transport fares

“In the last two years, BFS has successfully moved 19 million passengers using its 50 buses, created direct employment for 500 persons in Lagos and indirect jobs to more than 2,000 others across various parts of the state,” it stated.

The statement, which was circulated to commuters in Oshiodi, Ikeja,Iyana Ipaja and Maryland, further stated that details of the increase in fares will be pasted shortly at all BFS buses as it has being approved by LAMATA.