Lagos loses N234m to tollgates’ closure

The Lagos State Government has lost at least N234m to the closure of tollgates as the #EndSARS protests on the Island enters its 9th day, The PUNCH has learnt.

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 N10m daily, while the Admiralty Circle Plaza along the Lekki-Epe Expressway was not expected to generate less than N16.6m a day.

The commissioner said the Lekki-Ikoyi Link Bridge was not expected to generate less than N300m monthly, while the Admiralty Circle Plaza generates about N500m 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.

When contacted on the telephone, the spokesperson for the LCC, Veronica Jacob, said, “We have no comment on the tollgates for now.”

The state Commissioner for Information, Gbenga Omotoso, neither responded to calls nor a text message on Sunday.

  • Related Posts

    IPOB Leader Expresses Gratitude for International Voice Against Incarceration

      The leader of the Indigenous People of Biafra, Nnamdi Kanu, has sent a message to the former United States mayor of Blanco, Texas, over his support. His legal consultant,…

    CBN Hikes ATM Card Issuance Fee by 50 Percent While Scrapping Monthly Charges

          The Central Bank of Nigeria, CBN, has raised the cost of issuing and replacing Automated Teller Machine, ATM, debit and credit cards by 50 per cent, increasing…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    IPOB Leader Expresses Gratitude for International Voice Against Incarceration

    IPOB Leader Expresses Gratitude for International Voice Against Incarceration

    CBN Hikes ATM Card Issuance Fee by 50 Percent While Scrapping Monthly Charges

    CBN Hikes ATM Card Issuance Fee by 50 Percent While Scrapping Monthly Charges

    Italy Urges NATO Unity Amid Reports of Plot to Suspend Spain

    Italy Urges NATO Unity Amid Reports of Plot to Suspend Spain

    Breaking News: Gunfire Erupts Near White House Dinner, Trump Evacuated

    Breaking News: Gunfire Erupts Near White House Dinner, Trump Evacuated

    Abia Community Leader Condemns Herdsmen Over Crop Destruction, Threatens Action

    Abia Community Leader Condemns Herdsmen Over Crop Destruction, Threatens Action

    From Ibadan Summit: Opposition Vows to Field Joint Candidate, Reject Tinubu Dominance

    From Ibadan Summit: Opposition Vows to Field Joint Candidate, Reject Tinubu Dominance