THE Land Transportation Franchising and Regulatory Board (LTFRB) is set to release the approved fare increase in traditional jeepneys or public utility jeepneys (PUJs) anytime next week, in the wake of another big-time oil hike Tuesday.
This was announced by LTFRB Chairperson Atty. Cheloy V. Garafil in a video conference Monday.
Garafil said the LTFRB is just waiting for the transport groups to submit their memorandum in fare increase for the board to decide how much increase they will approve.
“Recognized natin yun, talaga namang tumaas lahat lalo na nga tataas na naman ng P6.00 ang diesel pero kailangan natin munang matanggap yung memorandum ng transport para makapagdesisyon ang Board [LTFRB], kung magkano ang itaas ng pamasahe,” said Garafil.
On the side of the National Economic and Development Authority (NEDA), they have already submitted all the necessary documents to answer all questions concerning the fare hike petition increase by the transport groups.
“Ayon kaya ‘wag na tayong mag speculate, antayin na natin yung decision baka next week mailabas na ng Board yan order ng fare increase,” said Garafil.
In a separate interview, Atty. Vigor Mendoza II, legal counsel of the petitioners, said they would file their memorandum in fare increase Tuesday to give way to the LTFRB to decide on the fare increase they have been asking for.
Among the other petitioners were Kilusan sa Pagbabago sa Industirya ng Transportasyon (KAPIT), PASANG MASDA, ALTODAP, and ACTO.
In another interview, Obet Martin, president of PASANG MASDA, said the transport groups would be happy enough if LTFRB approved another P2 increase in the first four kilometers.
“Naniniwala ako ibibigay ito ng LTFRB, dahil matagal na ito, at eto na naman P6.00 ang itinaas ng diesel,” said Martin.