Lagos State Govt Estimated The Cost Of 80 BRT Buses Destroyed By Thugs To Worth N3.9 Billion

The Lagos State Government has estimated the cost of the BRT buses that were destroyed in the inferno set by the hoodlums in Lagos to cost about N3.9billion.

According to the state government, the government revealed that 27 of the burnt Bus Rapid Transit (BRT) vehicles in the Oyingbo and Ojodu Berger areas of the state cost $200,000 each, while 57 of them cost $100,000 each, all totalling about N3.9 billion.

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This statement was made by the Lagos State Government on Friday, after evaluating the extent of damage made to the Bus Rapid Transit (BRT) vehicles.

It will be recalled that hoodlums attacked and razed the Lagos State facility at the Oyingbo BRT terminal, with several buses burnt.

The state Commissioner for Information, Mr Gbenga Omotosho, according to Punch Newspapers noted that 27 of the destroyed BRT vehicles cost $200,000 each, while 57 of them cost $100,000 each, all totalling about N3.9 billion.

According to the commissioner, Some of the places were the Oregun Vehicle Inspection Service office, the BRT park at Oyingbo and the terminus at Ojodu Berger.

– 23 big BRT buses were razed down, while 57 medium-size BRT buses were affected by the violence, which brings the total of the BRT vehicles destroyed to 80.
– 23 of the 80 BRT buses burnt by the hoodlums were at Ojodu, while the remaining 57 were at the Oyingbo area.
– The big buses cost around $200,000 each, while the medium-size ones cost around $100,000 each.

The Lagos State Commissioner for Information, Mr Gbenga Omotosho explained that with the current foreign exchange rate, the 80 destroyed BRT buses are now valued at N3.929 billion.

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