Lagos State Government Sanctions 13% Fare Increase for Public Transport Services
The Lagos State Government has officially sanctioned a 13 per cent increase in fares across all Bus Reform Initiative (BRI) schemes, which encompass the Bus Rapid Transit (BRT) system and standard public bus routes. This significant adjustment was announced by the Lagos Metropolitan Area Transport Authority (LAMATA) in a statement released on February 23, 2026.
Governor Sanwo-Olu Grants Approval Following Operator Appeals
Governor Babajide Sanwo-Olu granted the approval after receiving a passionate appeal from regulated public transport operators. These operators expressed deep concerns regarding the sustainability of transit operations amidst mounting economic pressures that have been affecting the sector. The state government emphasized that the fare adjustment is specifically designed to cushion the impact of sustained economic challenges on public transport operations.
New Fare Structure to Take Effect from March 2, 2026
The new fare structure is scheduled to take effect from Monday, March 2, 2026. This review aligns with the previously approved annual fare review mechanism, which allows for periodic adjustments to reflect changing economic conditions. Officials highlighted that the urgency of this review is underscored by persistent inflationary trends, with Nigeria's inflation rate closing 2025 at 15.2 per cent, according to data from the National Bureau of Statistics (NBS).
Rising Operational Costs Drive Fare Increase
Bus Operating Companies (BOCs) have continued to grapple with escalating operational costs, which include increased expenses for vehicle maintenance, spare parts, and staff salaries. These financial burdens have been particularly pronounced following the implementation of the new national minimum wage structure. The fare increase aims to provide some relief to these companies, ensuring they can maintain service quality and operational viability in the face of economic headwinds.
This move by the Lagos State Government reflects a broader effort to balance the needs of public transport operators with the affordability concerns of commuters, as the city navigates complex economic realities.
