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FULL LIST: Lagos Releases New BRT Fares After 13% Increase

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The Lagos Metropolitan Area Transport Authority has released the revised fare structure for Bus Rapid Transit and standard route services following the approval of a 13 per cent increase across services under the Bus Reform Initiative.

The new fares, announced on Tuesday, will take effect from Monday, March 2, 2026.

Lagos State Government had approved the fare adjustment after regulated public transport operators raised concerns over rising operational costs driven by economic pressures.

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In a statement issued by LAMATA’s Head of Corporate Communication, Kolawole Ojelabi, the agency said the review became necessary to ensure sustainability of transport operations across the state.

“The adjustment is designed to help offset the severe impact of ongoing economic pressures on public transport providers. It also aligns with the state’s previously established annual fare review mechanism,” Ojelabi said.

People queuing up to board a bus (BRT) at TBS bus terminal
People queuing up to board a bus (BRT) at TBS bus terminal
He added that inflationary trends continue to place significant strain on operators.

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READ ALSO:He Hit My Face, Breasts With Gun – Papaya Ex Alleges Assault By Lagos Police [VIDEO]

“Data from the National Bureau of Statistics shows Nigeria’s headline inflation rate stood at 15.15 per cent in December 2025, with only slight moderation to around 15.1 per cent in January 2026, levels that continue to exert heavy strain on operating costs.”

Below are the newly approved fares:

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Standard Route Services

Igando – Obalende: ₦1,140
Baruwa – Ikeja – Oshodi: ₦800
Marina – Lekki: ₦570
Egbeda – Obalende: ₦1,030
Iyana Ipaja – Obalende: ₦1,090
Odogunyan – Oshodi: ₦920
Odogunyan – CMS: ₦1,140
Joke Ayo – Oshodi: ₦920
Joke Ayo – Yaba: ₦1,030
Ifako Ijaiye – Yaba: ₦920
Ikotun – Yaba: ₦940
Oshodi – Shasha: ₦570
Oshodi – Dalemo: ₦920
Ikorodu – Obalende: ₦970
Yaba/Oyingbo – Idumota: ₦460
Berger – Lekki: ₦1,140
Mile 12 – Yaba – TBS: ₦690
Ojota – Egbeda: ₦690
Iyana Ipaja – Oyingbo: ₦800
Ikotun – Marina/CMS: ₦1,100
Ikeja – Kola: ₦800
Badagry – Mile 2: ₦1,140
Dopemu – Yaba: ₦800
Abesan Gate – Oshodi: ₦800
Ayobo – Obalende: ₦1,260
Dopemu – Obalende: ₦1,090
Marina – Ajah: ₦920
Igbogbo – Marina: ₦1,140
Yaba – Berger: ₦630
Ikorodu – Alausa Secretariat: ₦800
Ayobo/Abesan – Fadeyi/Yaba/Oyingbo: ₦1,090
Elepe – Oshodi: ₦920
Maya – Oshodi: ₦920
Alausa Secretariat – Egbeda: ₦690
Abule Egba – Ojota: ₦690

READ ALSO:Lagos Police Detain Officers Over Alleged Assault On Actor Ijoba Lande

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Additional Standard Routes

Ikeja – Berger: ₦470
Ikeja – Obalende: ₦720
Berger – Ajah: ₦1,710
Ikeja – Iyana Ipaja: ₦440
Oshodi – Obalende: ₦630
Berger – Oshodi: ₦580
Berger – Obalende/TBS: ₦680
Oshodi – Ajah: ₦1,320
Mile 12 – Apapa: ₦810
Oshodi – Apapa: ₦690
Obalende – Ajah: ₦630
Oshodi – Agege: ₦430
Ikeja – Ikotun: ₦630
Ikeja – Ayobo: ₦690
Ikeja – Egbeda: ₦680
Ikeja – Igando: ₦690
Oshodi – Tinubu: ₦650
Oshodi – Orelope: ₦690

BRT Services – New Fares

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Oshodi – Abule Egba: ₦680
Oshodi – Ayobo: ₦890
Oshodi – Command: ₦890
Oshodi – Ikola: ₦890
Oshodi – Tollgate: ₦970
Abule Egba – Ikeja: ₦560
Abule Egba – CMS/TBS: ₦1,080
Ikorodu – TBS: ₦960
Ikorodu – Yaba/Oyingbo/Costain: ₦910
Ikorodu – Barracks: ₦910
Ikorodu – Fadeyi: ₦680
Ikorodu – Oshodi: ₦680
Ikorodu – Ikeja: ₦680
Ikorodu – Maryland: ₦570
Ikorodu – Ojota: ₦570
Ikorodu – Ketu: ₦570
Ikorodu – Mile 12: ₦450
Mile 2 – TBS: ₦680
Ketu – TBS: ₦680
Ojo Barracks – Mile 2: ₦510
Okokomaiko – Oyingbo: ₦910
Okokomaiko – Mile 2: ₦510

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Six Corps Members Receive N10m Grants To Boost Agribusiness

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Six members of the National Youth Service Corps (NYSC) have received a total of N10 million in grants to expand their agribusiness ventures under the Farmers for the Future Programme.

The programme was organised on Monday by the British American Tobacco Nigeria Foundation (BATNF) in collaboration with the NYSC to encourage young Nigerians to embrace agriculture and develop sustainable businesses.

Presenting the cheques to the beneficiaries in Abuja, the NYSC Director-General, Brigadier General Olakunle Nafiu, urged Corps members to maximise the opportunities provided by the service year by venturing into commodity marketing and other viable businesses.

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Nafiu said agribusiness remained a viable avenue for young people to build sustainable enterprises, create employment and generate wealth.

READ ALSO: NYSC Swears In 1,600 Corps Members In Bauchi

He also stressed the importance of value addition to the success and sustainability of business ventures, while commending BATNF for placing Nigerian youths at the centre of its entrepreneurship initiatives through value-chain development, employment creation and its partnership with the NYSC.

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“I charge you to spread the news around. We have seen the outcome, and it is a good idea,” he said.

The beneficiaries are Dominic Olufemi (FC/25C/1143), who received N3 million; Temitope Adewole (ED/26A/2251), N2 million; Abdulwaheed Bala (ED/25B/1402), N2 million; Olanike Mayungbe (OG/26B/1037), N1 million; Kingsley Udoeyen (KG/26A/1735), N1 million; and Lorember Lorsue (JG/25B/1742), N1 million.

Speaking on the selection process, the Acting Director, Skills Acquisition and Entrepreneurship Development (SAED), Mrs Winifred Shopeka, said the programme began with an online registration portal through which Corps Members engaged in agribusiness submitted their business plans.

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READ ALSO: NCCSALW Deploys NYSC Members In Fight Against Illegal Arms In Northeast

She said nearly 3,000 Corps members applied and underwent a rigorous selection process that produced 20 finalists.

According to her, the finalists participated in a boot camp and a final pitching session, which produced the 10 best presenters before the six ultimate winners were selected.

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Shopeka said the beneficiaries had also been mentored and attached to established market operators to assist them in marketing their products.

She added that Corps Members who did not make the final stage of the competition were also trained by BATNF.

The BATNF Team Lead, Mr Oludare Odusanya, congratulated the beneficiaries and urged Corps Members engaged in agribusiness to master the fundamentals and acquire the knowledge and skills necessary to succeed.

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“We are happy with our collaboration with the NYSC, and it will continue,” he said.

READ ALSO: NYSC Lauds Gov. Mohammed’s Intervention In Fence Collapse

Odusanya explained that BATNF was an independent organisation established to contribute to poverty reduction in Nigeria through sustainable agricultural practices and other interventions.

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He said the Farmers for the Future Programme was instituted in collaboration with the NYSC to encourage Corps Members to venture into agribusiness and become job creators.

He added that the beneficiaries would be attached to mentors who would guide them towards achieving success in their respective businesses.

According to him, the programme has, since its inception, continued to enhance the entrepreneurial capacity of Corps Members.

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CBN Reduces Interest Rate To 23%

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The Central Bank of Nigeria (CBN) on Tuesday announced the reduction of the interest rate, also known as Monetary Policy Rate (MPR) to 23 percent.

Briefing the media in Abuja, the Governor of the CBN, Mr. Olayemi Cardoso, said at the 307th MPC meeting held on September 22, 2026 agreed the resetting of the MPR and recaliberation of the monetary policy market.

According to Cardoso, the committe is satisfied with the disinflation progress, adding that members noted stable banking sector following successful recapitalisation.

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READ ALSO: CBN Monetary Tightening Worsening Nigeria’s N50tn Development Finance Gap – Group

Meanwhile, according to Nigerian Tribune, reports that that the MPC, at its 306th meeting in July 2026, disclosed its resolution to retain the interets at 26.5 percent.

According to the Governor of the CBN, Olayemi Cardoso, “the Committee’s decision to maintain the current policy stance followed a thorough assessment of the balance of risks. Although headline inflation moderated marginally in June 2026, global uncertainties have heightened, due mainly to the renewed hostilities in the Middle East.

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“In view of the evolving developments, maintaining a cautious monetary policy stance remains appropriate. In arriving at its decision, the Committee noted the recent resurgence of hostilities in the Middle East, with particular attention to its spillover effects on global energy prices and the potential pass-through to domestic inflation.”

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NURTW: KWAM1 Settles Long-time Rift Between MC Oluomo, Tafa Sego

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Nigerian Fuji musician, Wasiu Ayinde Marshal, popularly known as KWAM1, has brokered a peace deal between the National Union of Road Transport Workers (NURTW) National President, Musiliu Akinsanya, popularly known as MC Oluomo, and the Lagos State Chairman of the union, Mustapha Adekunle, aka Tafa Sego.

The reconciliation took place at Ojusagbola in Ijebu, Ogun State, where several NURTW chieftains gathered for the meeting.

The development was announced on Tuesday on KWAM1’s digital media page on Instagram, alongside photographs from the meeting.

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According to the post, the two union leaders have resolved their differences after years of strained relations.

READ ALSO: Why FG Named KWAM 1 Aviation Security Ambassador — Keyamo

“After years of an age-long rift, MC Oluomo and Tafa Sego have finally settled their differences. And from what we know now, this is final,” the post said.

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The musician was said to have intervened as the Mayegun of Yorubaland, with the aim of bringing an end to the longstanding disagreement between the two NURTW figures.

“K1 acted in his role as the Mayegun of Yorubaland by seeking an end to the long-standing rift, once and for all,” it said.

The post also described the meeting as a significant step beyond previous public displays of reconciliation.

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READ ALSO: FG Gives KWAM 1 Aviation Appointment, After Airport Incident

“This time, it was not just another handshake for the cameras. The two old friends and colleagues came together at Ojusagbola, with King Wasiu Ayinde Marshal (K1) playing the peacemaker.”

Both MC Oluomo and Tafa Sego were reported to be pleased with the outcome of the intervention.

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“Both parties are delighted about the new development,” the post said.

The two men had previously been allies and prominent figures within the Lagos NURTW before their relationship became strained amid disagreements linked to leadership of the union in the state.

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