Primero Transport Services Limited is one of the operators of the Bus Rapid Transit (BRT) in Lagos State, with about 500 buses operating within the Ikorodu to TBS corridor. In this exclusive interview, Fola Tinubu, MD/CEO of Primero TSL, shared the journey of the company in the last 10 years, including how the naira devaluation ballooned the firm’s debt, while calling on the federal government to integrate the CNG initiatives with BRT to slash costs, hurting operations. BusinessDay’s Osa Victor and Wasiu Alli bring the excerpt:
Primero Transport Services Limited is one of the operators of the Bus Rapid Transit (BRT) in Lagos State, with about 500 buses operating within the Ikorodu to TBS corridor. In this exclusive interview, Fola Tinubu, MD/CEO of Primero TSL, shared the journey of the company in the last 10 years, including how the naira devaluation ballooned the firm’s debt, while calling on the federal government to integrate the CNG initiatives with BRT to slash costs, hurting operations. BusinessDay’s Osa Victor and Wasiu Alli bring the excerpt:
