EndSARS: Lagos loses N234m as it exits the motorway

Posted by on Oct 19, 2020, Under: News

EndSARS: Lagos loses N234m as it exits the motorway

The PUNCH has learned that the Lagos state government has lost at least 234 million euros due to the closure of toll stations, as the #EndSARS protests on the island have been going on for the ninth day.

However, the state continued to receive money from advertising on the highway.

The figure was derived from the daily and monthly targets set for the toll points by the government, the owner of the toll points, which are operated by the concession company Lekki.
The Lagos State Commissioner, who wished to remain anonymous, told our correspondent that the Lekki-Ikoyi connecting bridge should generate about 10m per day, while the Admiralty area along the Lekki-Epe highway should not generate less than N16.6 million per day.

The commissioner said the Lekki-Ikoyi Link bridge will generate at least 300 million N per month and the Admiralty Circle Plaza around 500 million N per month.

“There are no less than 80,000 cars daily at toll collection points. The number can be higher or lower depending on the day of the week. However, since the beginning of the protests, the Lekki toll station has been completely closed, and the Ikoyi toll station has been left permanently open for free use, ”he said.

4WD SUVs pay N250 at the Admiralty Toll Plaza, while sedans pay N200. At the Ikoyi Link Bridge, the toll for SUVs, minivans and light trucks is N400.

Heavy trucks / buses with two or more heavy axles pay N1000 at the Admiralty Circle Plaza on the Lecchi-Epe highway, according to the LCC.

When contacted by phone, LCC spokeswoman Veronica Jacob said, “We have no comment at this time on the toll points.”

Source: – Punchng