Primero Transport Services (PTS) Ltd, the owners of BRT Buses, have spoken about the loss incurred due to the #ENDSARS protests in Lagos State.
PTS Head, Corporate Communications, Mr. Mutiu Yekeen, explained that they have lost over N100 million in 6 days due to the protest which has ravaged Nigeria’s economic capital of the state in the last 10 days
Reports by the News Agency of Nigeria (NAN), claimed that Yekeen added that the company made a lot of losses between Oct. 16 and Oct. 21.
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 organization.
“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 suspected hoodlums on Wednesday, October 21, set Oyingbo/Iddo terminal in Lagos on fire leaving several buses burnt.
That same day also, so many government and private-owned buildings and assets were also destroyed by protesters across Lagos including Police Stations.