The Lagos State Government has sanctioned a 13 per cent increase in fares for all services under the Bus Reform Initiative, including the Bus Rapid Transit (BRT) system and standard bus routes across the state.
The new fare structure is set to take effect on Monday, March 2, 2026, according to a statement issued on Monday by Kolawole Ojelabi, Head of Corporate Communication at the Lagos Metropolitan Transport Authority (LAMATA).
Governor Babajide Sanwo-Olu approved the fare adjustment following appeals from regulated public transport operators, who cited growing economic pressures threatening the sustainability of their services.
“The urgency of the review, officials noted, 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,” the statement said.
Ojelabi explained that bus companies have been grappling with rising operational expenses, including higher costs for vehicle maintenance, spare parts, and staff salaries, especially after the implementation of the new national minimum wage.
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He added that operators are investing in new, cleaner, and more fuel-efficient buses to improve passenger comfort and support environmental sustainability.
“The government remains committed to ensuring that fare adjustments strike a balance between affordability for commuters and the need for safe, reliable, and efficient public transportation across Lagos,” the statement concluded.