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Lagos State Govt Loses N234m To Tollgates’ Closure

October 19, 2020
in News
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The Lagos State Government has lost at least N 234 m to the closure of tollgates as the # EndSARS protests on the Island enters its 9 th day.

However , the state has continued to generate money from adverts at the toll plazas .
The figure was obtained from the daily and monthly targets set for the tollgates by the government , which owns the tollgates , which are being managed by the Lekki Concession Company.

A Lagos State commissioner , who wished to remain anonymous, told our correspondent that the Lekki – Ikoyi Link Bridge was expected to generate about N10 m daily , while the Admiralty Circle Plaza along the Lekki – Epe Expressway was not expected to generate less than N16 . 6 m a day.

The commissioner said the Lekki – Ikoyi Link Bridge was not expected to generate less than N300 m monthly, while the Admiralty Circle Plaza generates about N500 m monthly.

“ At least 80 , 000 cars use the tollgates every day. The figure could be higher or lower depending on the day of the week . However , since the protests started , the Lekki tollgate has been completely shut , while the Ikoyi one has been left permanently open for people to use without payment , ” he said .

Sport Utility Vehicles pay N250 at the Admiralty Toll Plaza, while saloon cars pay N200 . At the Ikoyi- Link Bridge , toll for SUVs , mini vans and light trucks is N400 .

Heavy duty trucks / buses with two or more heavy axles pay N1 , 000 at the Admiralty Circle Plaza on the Lekki – Epe Expressway, according to the LCC .


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Tags: Lagos state

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