P0.50 Fare Rollback in Davao Effective Today
The rollback came after the National Consumer and Commuters Protection Inc. filed a petition with LTFRB for a fare rollback following the reduction of oil prices in the world market and the rollback in diesel and gasoline prices the latest of which was the P5 rollback by the Big Three.
LTFRB XI administrative office Edgar Violan said drivers should implement the fare rollback effective Friday, November 7. He said case number 2008-1654 reduces the provisional fare for the first four kilometers from P8 to P7.50. But since this is only a provisional rollback, he added, the reduction will not apply on the succeeding kilometers.