Nigeria, Feb. 23 -- The Lagos State Government has approved a 13 per cent increase in fares across all Bus Reform Initiative schemes, including Bus Rapid Transit and standard routes, effective 2 March.

Governor Babajide Sanwo-Olu granted the approval following appeals from regulated public transport operators, who cited rising operational costs and economic pressures.

In a statement on X on Monday, the Head of Corporate Communication, Kolawole Ojelabi, said the adjustment is intended to cushion the impact of sustained economic challenges on public transport operations.

"The review is also in line with the previously approved annual fare review mechanism. The urgency of the review, officials noted, is underscored by persistent inflation...