!de'hen Michael 💚🇳🇬
4.2K posts

!de'hen Michael 💚🇳🇬
@michaelidehenx2
A realist, A batist, A Benin man who loves farming. Agriculture is the ancient science


I remember back in 2023 I was constantly shouting on this app don't vote for APC ,vote Peter Obi All I got was "focus on your sports,what do you know about politics " as if I live at Old Trafford Now a litre of fuel is 1400 And I'm buying it ..suffering with you people






















The BRT issues is economics. The BRT initiative is a quasi welfarist PPP system that operates in the same market with a brutal capitalist Danfo system. The Danfo system with about 75,000 danfos is a low cost, all comers business with zero regulation. It will eat up, outwork and outlast any regulated bus system. The danfo system is pure capitalism. They responded immediately to market conditions and the law of demand and supply. Their fares change based on fuel price, demand by passengers, weather conditions, road conditions, peak and off peak periods, mood of the driver and conductor etc. The BRT system is heavily regulated with fixed routes and fixed fares in stark contrast to their competition. It is capital intensive and they are expected to operate at a higher standard while the danfo on a capitalism model can operate a 1978 model bus, with bad tyres, no windscreen and wooden seats. GUO and co won't invest heavily in luxurious buses on the interstate roads if this type of regulation exists. Unless the government continues to intervene financially to cover the cost, the investors won't survive. Regulated mass transit in Lagos is not attractive, the numbers don't add up.













