Transport officials debunk ‘baseless’ P50-fare hike due to PUV modernization

Manila Bulletin

WATCH: Office of Transportation Cooperatives (OTC) Chairperson Jesus Ortega and Land Transportation Franchising and Regulatory Board-National Capital Region (LTFRB-NCR) Regional Director Zona Russet Tamayo called as “baseless” reports that commuters would soon need to shell out as much as P50 for a ride in electric jeepneys (e-jeep) under the country’s jeepney modernization program. (Video Courtesy of RTVM)   READ MORE: https://mb.com.ph/2024/1/15/transport-officials-debunk-baseless-p50-fare-hike-claim-due-to-puv-modernization  Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletin  Visit our website at http://mb.com.ph Facebook: https://www.facebook.com/manilabulletin Twitter: https://www.twitter.com/manilabulletin Instagram: https://instagram.com/manilabulletin Tiktok: https://www.tiktok.com/@manilabulletin  #ManilaBulletinOnline #ManilaBulletin #LatestNews

Transcript

00:00 They said 30, 40, 50 pesos in five years.

00:04 There is no basis for that.

00:06 Six years ago, when modernization started,

00:10 a traditional jeep costs 9 pesos minimum fare.

00:15 There was a modern jeep six years ago,

00:19 the price was 11 pesos.

00:22 So there was a two-peso difference between traditional and modern.

00:27 Fast forward six years, last year, 2023,

00:31 the traditional minimum fare was 13 pesos,

00:35 the modern 15 pesos, which is still at present.

00:39 So the two-peso difference between traditional and modern did not change.

00:44 But if you look at the percentage, it went down from 9 to 11, 13 to 15.

00:50 Now, they say that in five years, it will be 30, 40, 50.

00:55 What is the basis for that?

00:57 Nothing.

00:58 The only basis of the fare is about fuel increase, the crude oil.

01:03 And that is a function of the LTFRB.

01:06 It listens to the commuters, the transport sector,

01:10 and it reaches the NEDA, and their decision comes.

01:15 So the basis, or what they say is 50 pesos,

01:19 totally has no basis.

01:21 That is why we have to coordinate with NEDA,

01:24 because we all know that transport costs would have that effect,

01:28 even in terms of inflation.

01:31 That's why we're very careful in determining fares,

01:35 and we have to really seek guidance with NEDA,

01:40 so that we'll have a holistic approach,

01:42 because we can't, from LTFRB, determine everything ourselves.

01:48 [Silence]

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