The Lagos State Government has approved a 13 per cent increase in fares across Bus Reform Initiative schemes, covering Bus Rapid Transit (BRT) and standard routes. The Head of Corporate Communication, Lagos Metropolitan Area Transport Authority (LAMATA), Mr Kolawole Ojelabi, disclosed this in a statement issued on Monday. Ojelabi said Gov. Babajide Sanwo-Olu approved the increase after appeals from regulated operators over mounting economic pressures threatening operational sustainability. “The new fare structure will take effect from Monday, March 2,” he said. He explained that the adjustment was aimed at cushioning the impact of sustained economic challenges affecting public transport operations. “The review is also in line with the previously approved annual fare review mechanism,”...