HeadlinesNews

BRT owners claim N100m loss to  #ENDSARS protests

0
Chinazor Megbolu    |   
Primero Transport Services (PTS) Limited, the  owners of BRT Buses, have claimed losing over N100 million as a result of the #ENDSARS protests in six days.
The Head, PTS Corporate Communications, Mr. Mutiu Yekeen, in a statement noted that the organisation made a lot of losses between October 16 and October 21, 2020.
According to him; “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 the 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”.
Recall that on Wednesday suspected hoodlums burnt several buses at the Oyingbo/Iddo terminal in Lagos.
Report has it that new BRT buses burnt, which are in large numbers were yet to be deployed to routes but parked in the terminus situated behind the railway line in Oyingbo.

© 2020, maritimemag. All rights reserved.

Oil & Gas companies rake in N400bn from Capital Market

Previous article

Nigeria spent N10 trillion on oil subsidy in 10 years – Oil marketers.

Next article

You may also like

Comments

Comments are closed.

More in Headlines