#EndSARS: How Much Is Lagos Losing To Tollgates’ Closure?

The Lekki-Ikoyi Link Bridge and the Admiralty Circle Plaza tollgates in the Lekki area of Lagos State remain closed as the #EndSARS protest enters it 13th day.

Figure obtained from the daily and monthly targets set for the tollgates by the government Lekki-Ikoyi Link Bridge is expected to generate about N10m daily, while the Admiralty Circle Plaza along the Lekki-Epe Expressway generates N16.6m a day.

Managed by the Lekki Concession Company, the Lekki-Ikoyi Link Bridge was not expected to generate less than N300m monthly, while the Admiralty Circle Plaza generates about N500m monthly.

A government official who spoke under anonymity revealed “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,”

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.

However, the state has continued to generate money from adverts at the toll plazas.

104

Leave a Reply

Your email address will not be published.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