Cebu bus and mini-bus operators present a Christmas gift for the public this year as they signed a memorandum of agreement (MOA), last Monday December 22, with Cebu Provincial Government to reduce bus fares all over the Province.
From the current P6.00 fare for the first five kilometers, it has reduced to P5.00. The P1.20 for succeeding kilometers has been also reduced to P1.00.
Governor Hilario P. Davide III expressed his appreciation to the bus operators for their initiative.
“Gikan gyud nila nga sila man unta ang, kung sa negosyo pa, nag-apas sa profit (The initiative came from them who should be going after the profit if we talk about business),” said Davide.
“Maayo kaayo ni nga pinaskuhan para sa regular commuters nato (This is a good Christmas gift for our regular commuters), he added.
Cebu provincial bus and north and south mini-bus operators filed a petition to Land Transportation Franchising & Regulatory Board (LTFRB)
to reduce bus fares following the recent oil price reduction in world market.
“While nakapahimulos mi sa barato na krudo, makapahimulos usab ang riding public pinaagi sa barato nga plitihan (While we enjoy cheaper oil price, the public can also enjoy cheaper bus fares),” said Julieto Flores, president of Cebu South Mini-Bus Operators Association.
He added that the MOA has been signed to support the fare reduction petition.
“While gi-process among petition for fee reduction, among pang-support kining MOA so dali ra kaayo ang pag-approve ana sa central office (While we are processing our petition, we will use the MOA as a supporting document. This would fast track LTFRB Central Office’s approval of the petition),” explained Flores.
However, the fare reduction will be implemented once LTFRB signs an order saying so.
According to LTFRB 7 Acting Director Rey Elnar, his office will draft an order after the MOA signing.
“This draft order will be ready for signing by LTFRB members and chairman. Once signed, the order will be returned to LTFRB 7 and shall be implemented immediately,” Elnar explained.
He added that this would usually take two to three days from MOA signing.
In 2008, LTFRB prescribed the fare rate for buses and mini-buses in Cebu Province at P8.50 for the first five kms and P1.40 for succeeding kms.
In March 2011, Cebu Province and bus operators executed a MOA to collect discounted fare rate at P6.00 for first five kms and P1.20 for succeeding kms, which has been immediately approved by the LTFRB.