Primero Transport Services (PTS) Ltd, the owners of BRT Buses said they lost over N100 million in six days due to the #ENDSARS protest which has rocked Lagos in the last two weeks.
PTS Head, Corporate Communications, Mr. Mutiu Yekeen, who disclosed this on Wednesday said that the losses were incurred mostly between October 16 and 21.
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He said: “We are hoping something better will come out of the situation because, presently, the situation has impacted negatively on our business in terms of revenue generation. We have lost over N100 million in the last six days but we decided to stop operations to avoid damage to our vehicles and also for the safety of commuters as an organisation. We value our customers more importantly; that is why we stopped operation due to volatility of the state especially in Ikorodu. If you listen to the news this morning, you will discover that people cannot travel from Ikorodu to any part of Lagos,” Yekeen said.
Things got worse for BRT on Wednesday after suspected hoodlums burnt several buses at the Oyingbo/Iddo terminal in Lagos.
According to the News Agency of Nigeria (NAN), a large number of new BRT buses yet to be deployed to routes but parked in the terminus situated behind the railway line in Oyingbo, have all been consumed by the raging fire.
A large number of new BRT buses yet to be deployed to routes but parked in the terminus situated behind the railway line in Oyingbo, have all been consumed by the raging fire.
Several government-owned buildings and assets were torched by protesters including across Lagos including Police Stations. The suspected hoodlums also set ablaze buildings belonging to private businesses while several shopping malls were looted.
