The Lekki Concession Company, LCC, has in a public statement postponed the resumption of tolling services at the Lekki-Ikoyi toll gate, Lagos, Nigeria.
Driving the news
According to the LCC, the postponement is to give time to residents and commuters to register for electronic toll devices.
Why it matters
The postponement of tolling operations at the Lekki-Ikoyi link bridge is a huge blow to the company’s revenue source whose debt stands at N24.52 billion and also to its 500 member staff who have mostly been without pay for over 18 months.
Brief background to the story
Since the LCC announced the resumption of tolling activities at the Lekki Toll gate a few weeks back, the company has faced criticism from residents, commuters and stakeholders for lack of justice to victims of the EndSars protest and for the financial implication of tolling on those plying the routes.
- In consideration, LCC had set April 1st 2022 as the date to resume tolling service but begin charging tolls on the 15th of April 2022.
- Operations at the toll gate have been on hold following the non-agreement between the stakeholders and the LCC.
What they are saying
LCC Managing-Director, Yomi Omomuwasan, announcing the postponement, said that the company would continue to engage the stakeholders in ensuring a smooth resumption of tolling.