The LTFRB has approved a provisional one-peso increase in the minimum fare in jeepneys plying the routes in Metro Manila, Central Luzon and Southern Tagalog.
The LTFRB, however, has yet to issue the order that would pave the way for the implementation of the fare hike of one-peso for the first four kilometers.
Various transport groups had sought the approval for a P1 provisional fare increase in jeepneys during public hearings on Tuesday for its initial petition to hike the minimum fare by P2.
During the hearing, the legal counsel of transport groups namely Alliance of Concerned Transport Organizations (ACTO), Federation of Jeepney Operators and Drivers Association (FEJODAP) and Liga ng mga Transportasyon at Operator sa Pilipinas (LTOP) asked the LTFRB to allow jeepney drivers to collect the provisional fare until such time the initial petition to increase the minimum fare by P2 pesos is resolved.
The provisional fare hike and the petition to increase the minimum fare cover the National Capital Region, Region 3 and Region 4.
ACTO President Efren de Luna said the LTFRB has no reason to deny their petition since oil prices have increased further since they filed their plea.
"Noong mag file kami ng petition ang halaga pa lang ng diesel P32 per liter pero ngayon umaabot na ng P44 per liter," he said.
The LTFRB had also been asked to grant fare hikes for taxis, UV Express, and transport network companies in line with the effects of the Tax Reform for Acceleration and Inclusion (TRAIN) law on fuel prices. —NB/JST, GMA News