LTFRB reviewing P2 fare hike, considering welfare of commuters and drivers

Several transport groups filed a petition with the Land Transportation Franchising and Regulatory Board (LTFRB) on Monday, requesting a nationwide P1 provisional fare increase for public utility jeepneys (PUJs) to offset high fuel prices.

Pasang Masda President Obet Martin stated that diesel prices have increased by P4.50 over the past four weeks, leaving jeepney drivers barely able to support their families even with an expected rollback.

ALTODAP President Boy Vargas emphasized that their request is temporary and contingent on stable oil prices; if not, they will recall their motion for a fare increase.

Jeepney groups previously sought a fare hike in June when diesel prices rose by P5 per liter due to Middle East tensions, but the government opted for fuel subsidies instead, which were never implemented as oil prices stabilized.

DOTR Secretary Vince Dizon said his agency would consult with the economic team before deciding on any fare hikes, considering potential inflationary impacts.

LTFRB Chairperson Teofilo Guadiz III stated Tuesday that the board is reviewing the petition to declare the previous PHP1 provisional fare hike permanent and grant an additional PHP2 increase for traditional PUJs, bringing the minimum fare from PHP13 to PHP15. For modern PUJs, they seek a minimum fare increase from PHP14 to PHP19.

The LTFRB assured that any fare adjustment will be fair, reasonable, and based on solid justification, considering both the welfare of commuters and PUJ operators.