Lagos Records N234m Loss In Revenue As #EndSARS Protest Continues

Lagos Records N234m Loss In Revenue As #EndSARS Protest Continues
Lagos Governor, Babajide Sanwo-Olu's image used for illustrative purpose

As #EndSARS protest continues across Lagos, the state has lost a sum of N234 million to tollgates closure. This is according to a reliable report.

The figure was obtained from the daily and monthly targets set by the state government for the tollgates and managed by the Lekki Concession Company (LCC).

“Sport Utility Vehicles pay N250 at the Admiralty Toll plaza, while saloon cars pay N200. At the Ikoyi link bridge, the toll gate for SUVs, Minivans and light trucks is 400;

“Heavy duty trucks/ buses with two or more heavy axles pay N1000 at the admiralty circle plaza on the Lekki express way,” a source as LCC was quoted as saying.

Corroborating the LCC source’s claim, a Lagos State Commissioner who pleaded anonymity disclosed that the Lekki-Ikoyi link bridge is expected to generate about N10 million daily, while the Admiralty circle plaza along the Lekki-Epe Expressway is meant to generate at least N16.6 million per day.

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The commissioner further revealed that the Lekki-Ikoyi link bridge was expected to generate at least  a total of N300 monthly while the Admiralty circle plaza to generate N500 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 protester started, Lekki tollgate has been completely shut down while the Ikoyi one has been left permanently open for people to use without payment,” the commissioner said.

For 16 days now, protesters across the country have been agitating for the end of police brutality and fair governance from the Nigerian leadership. This movement has since led thousands of people to the streets, where they exercised their civil rights to protest.

Since Saturday, October 3, 2020, the #EndSARS protesters have particularly stationed themselves at Lekki tollgate, paralysing the state government’s ability to collect levy from motorists.

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