CEBU CITY — The Land Transportation Franchising and Regulatory Board (LTFRB) has approved the 50-centavo provisional public utility jeepney (PUJ) fare reduction in Central Visayas, an official said.
LTFRB 7 director Reynaldo Elnar said the LTFRB board members approved his recommendation for the provisional fare reduction which may be set for implementation on Monday.
He said LTFRB board members, including chairman Winston Gines, will be in Cebu on Monday to attend a core group meeting on the proposed Cebu Bus Rapid Transit project.
Elnar said it will be Gines who will formally announce the implementation of the jeepney fare reduction, as he does not have a copy of the order yet.
The provisional fare reduction will bring the minimum PUJ fare in Central Visayas from P7.50 to P7.
Earlier, former Cebu City councilor Augustus “Jun” Pe filed a petition before LTFRB 7 last December seeking reduction of jeepney fares by 50 centavos to slash the minimum rate to P7 from the current P7.50.
Pe cited the series of fuel price rollbacks as a reason in filing the petition.
Various transport groups attended a public hearing last December 16 but were divided on their stand.
Some agreed for the fare rollback while some were against it.