The Lagos State Government has approved a 13 per cent increase in fares for services operating under its Bus Reform Initiative.
The adjustment affects the Bus Rapid Transit (BRT) network and other regulated bus routes across the state.
Governor Babajide Sanwo-Olu gave the approval following strong appeals from transport operators, who cited rising operational costs and prevailing economic challenges as major obstacles to sustaining smooth service delivery.
In a statement issued by the Lagos Metropolitan Area Transport Authority (LAMATA), the agency announced that the revised fares will take effect from Monday, March 2, 2026.
According to LAMATA, the increase is intended to cushion the impact of current economic pressures on transport operators and ensure continued service efficiency.
“The fare adjustment is aimed at mitigating the significant effects of ongoing economic challenges on public transport providers. It also reflects the state’s established annual fare review framework. The urgency of this decision is influenced by sustained inflationary pressures.
“Figures from the National Bureau of Statistics indicate that Nigeria’s headline inflation rate was 15.15 per cent in December 2025, with a marginal decline to about 15.1 per cent in January 2026, levels that still place considerable strain on operating expenses,” the statement noted.