The operators of the BRT bus services in Lagos, Primero Transport Services (PTS) Ltd, claims to have lost over N100 million in six days due to the #ENDSARS protest which has ravaged the state in the past two weeks.
According to a report from the News Agency of Nigeria, PTS Head, Corporate Communications, Mutiu Yekeen, said that the company made a lot of losses between October 16 and 21.
“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, you will discover that people cannot travel from Ikorodu to any part of Lagos,” Yekeen said.
But things however, got worse for BRT on Wednesday after suspected hoodlums burnt several of their buses at the Oyingbo/Iddo terminal in Lagos. According to 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, were all consumed in the inferno.
Several government-owned buildings and assets were also torched by protesters including several police stations, the offices of TVC and the Nations Newspaper, the NPA headquarters in Apapa, the palace of the Oba of Lagos, the Toll Gate plaza, banks and many others.
The suspected hoodlums also set ablaze buildings belonging to private businesses while several shopping malls were looted.