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.

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 newsmen 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.

Source: The PUNCH