Bus Rapid Transits (BRTs) buses May likely withdraw from transportation services in Lagos following shortage of diesel supply in the state.
According to reports, Primero Transport Services Ltd, the operators of BRT in Lagos, May likely suspend operations by 25th May due to shortage of diesel and other logistics
The reports added that the company seems to be running at a loss
“Primero is planning to withdraw all its buses from the road from May 25. The company is running out of diesel.
“Suppliers have not been supplying diesel fully because the firm is owing them. The company is currently running at a loss.
“Primero will run out of the supply of diesel and other supplies by Monday. So it is not likely the buses will run,”
Recall that the Managing Director of Primero Fola Tinubu has earlier said the company have been running at a loss son in the easing of lockdown in the state.
“the way we are operating now is as if we are just running a social service for the people.
“Twenty passengers in the bus on the same old fare is not sustainable. We are piling up losses that we need to address urgently.
“Creditors are calling us. We need to address that urgently. The way it is right now is not sustainable.
“That was why we have limited buses on the roads. Every bus that is going up and down now is incurring so much loss.”
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