Posted by Olusegun Abisoye | 24 December 2017 | 1,439 times
From January 1, 2018, motorists using the toll gate at the Victoria Island end of the Lekki-Epe expressway and Lekki-Ikoyi Link-Bridge would have to pay more, the Lekki Concession Company Limited (LCC) has stated.
To pass through the said toll gate and link bridge, cars currently pay N120, Sport Utility Vehicles (SUVs) pay N150 while commercial buses pay N80 at the toll gate. For the link bridge, cars pay N250 while SUVs pay N300.
However, speaking at a press conference in Lagos, LCC’s Managing Director, Mohammed Hassan, made it known that the charges were no longer sustainable as a result of the “current business realities and increasing cost of operation”.
“Since the commencement of tolling in December 2011, the toll tariffs had remained the same despite the continuous increase in the cost of operations to ensure that the toll plazas and the road infrastructure are well maintained.
“The toll review has also become necessary to enable the company meet its loan obligations to its local and foreign lenders, considering the fact that foreign exchange rates have continued to increase astronomically in the last couple of years.
“LCC cannot continue to operate or provide the services required from us if we do not review the toll tariffs,” Hassan explained.
The LCC MD was however silent about the specific amounts to paid by motorists. (Independent)
No comments yet. Be the first to post comment.