xTinubu was reacting to challenges facing the firm in its bid to provide world-class services to its potential commuters. He said that government’s regulation on fares without considering inflations and the provision of subsidy, had crippled the revenue generating ability of the firm to provide world-class services. According to him, the firm cannot also access forex from the Central Bank of Nigeria (CBN) to import parts to revive most of its faulty buses. xTinubu said: “The sad fact is, if we want a world- class service, it has to be paid for. The employees have to be paid, the diesel suppliers have to be paid and the parts’ suppliers too have to be paid.

Source: The Guardian May 02, 2021 14:26 UTC