The Land Transportation Franchising and Regulatory Board (LTFRB) has approved a P1 fare hike on public utility jeepneys (PUJ) in its board meeting Wednesday evening, July 4.
The LTFRB noted, however, the increase would not be implemented until it issues a written order.
“The Board has approved tonight a provisional fare increase of PhP1 peso for the first 4 Kilometers of PUJ plying NCR, Region 3, and Region 4 routes,” the LRFRB said in a statement on Wednesday.
Jeepney groups have filed a petition for a P2 fare hike to the LTFRB due to the rising price of fuel.
In May, Mr. Roberto “Ka Obet” Martin of Pangkalahatang Sanggunian Manila & Suburb Drivers Association Nationwide, Inc. (PASANG-MASDA) said during an LTFRB hearing the price of diesel has gone up almost P10 since January after the passage of the Tax Reform for Acceleration and Inclusion (TRAIN) law. — Denise A. Valdez