The law establishing LAMATA was strengthened further in 2007 to include planning and regulatory functions across the various modes of transport. Under the amended LAMATA Act 2007, the Authority is empowered by law with responsibilities to carry out the following key functions in Lagos metropolitan area:
- Co-ordinate transport policies, programs and actions of all agencies;
- Maintain and manage the Declared Road Network (DRN), mainly bus public transport routes of about 632km;
- Plan, co-ordinate, manage and develop the supply of adequate and effective transportation;
- Recommend on route planning and general location of bus shelters, pedestrian ways and bridges;
- Collect and levy transport road user charges and establish a Transport Fund (TF) as a user reform financing mechanism to increase the low level of cost recovery in the transport sector, and to sustain the performance of LAMATA;
- Collect 50% of net motor vehicle administration (MVA) revenue [specific items] to be paid directly into the TF
- Regulate Bus Rapid Transit (BRT) along prioritized corridors
- Coordinate activities of the State Licensing Authority and all vehicle inspection units;
- Make policy recommendations on public transportation to the Governor, including mechanisms for implementation;
- Prepare plans for the development and management of an integrated multimodal public transport system.
The law is subject to review as may be expedient, as developments in the Lagos transport sector evolves, in order that LAMATA may be better placed to contribute to economic development in the state. The organization’s successful performance of these functions would assist in poverty alleviation by increasing economic efficiency through lower transport costs and prices, and enhancement of employment and social opportunities.