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Lekki And Ikoyi Toll Fares To Increase February 1– LCC - Business - Nairaland

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CBN To Implement E-Invoice For Importers, Exporters From February 1 / Lekki-ikoyi Toll Bridge To Become Cashless - Gov. Sanwoolu / LCC Has Announced Increase In Lekki, Ikoyi Toll Tariffs (2) (3) (4)

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Lekki And Ikoyi Toll Fares To Increase February 1– LCC by Sparklettunes1: 10:55pm On Jan 26, 2018
Lekki Concession Company Limited has announced that it will increase the toll tariffs being charged at the Admiralty Circle Toll Plaza on Lekki-Epe Expressway and the Lekki-Ikoyi Link Bridge Toll Plaza with effect from Thursday, February 1.

The LCC said in a statement that the upward review followed “extensive consultations held with stakeholders in the Eti-Osa/Lekki-Epe Expressway of Lagos State.

Although details of the new rate were not disclosed in the statement, the firm said N100 would be paid by any driver of a mini commuter bus using the Lekki-Epe toll plaza, which is an increase of N20 over the N80 currently being charged.

This, it said, was the agreement it reached with the drivers’ union during the consultations.

It said the toll fare increase was as a result of current economic and business realities that had adversely affected the cost of operations and maintenance of the company’s loan obligations.

The Managing Director, LCC, Mr. Mohammed Hassan, said the feedback and recommendations received during the series of consultations held in December 2017 with stakeholders in Eti-Osa Local Government Area and its environs considerably influenced the new toll fares to be paid by motorists plying the expressway and the Ikoyi Link Bridge.

Hassan said, “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 to 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.

“The LCC cannot continue to operate or provide the services required from us if we do not review the toll tariffs.”


Source: https://peachessence.com/lekki-and-ikoyi-toll-fares-to-increase-february-1-lcc/

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by Nobody: 7:42am On Jan 27, 2018
Good, just strangle our neck instead. I wonder wetin una dey maintain there since.

I'm sure they can't wait to open the second toll at chevron.

Thieffnubu omo ale

75 Likes 4 Shares

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by Donsammi(m): 7:42am On Jan 27, 2018
wow!
interesting...

� we in abj don't know about toll gates sha

16 Likes 2 Shares

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by madridguy(m): 7:42am On Jan 27, 2018
lipsrsealed
Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by ChiefSweetus: 7:42am On Jan 27, 2018
F.ools

Which road maintenance? Those tolls are serve only two functions:

1. Finance the pockets of lascivious fat-cats so they can fund unilag and dubai olosho experiences.

2. Cause motherfuking traffic on that axis for NO FÙCKING reason.

Ambode needs to man up in his second term and demolish dem tolls. The opportunity cost in lost productivity doesn't compare to the blood money cost of those tolls.

51 Likes 1 Share

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by Nobody: 7:42am On Jan 27, 2018
Where did we get it wrong in this country?
Government is not considering its citizens but rather compounding to our woes.
When are we going to be enjoying our taxes, votes and services to them?

15 Likes

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by Ikem11(m): 7:42am On Jan 27, 2018
Where d moni dey go

6 Likes

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by EmekaBlue(m): 7:42am On Jan 27, 2018
Alright. I no dey pass there. Eno affect me
Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by RemedyLab: 7:43am On Jan 27, 2018
Nigerians need to pay more to support the massive projects this govt is doing.

I never voted APC & experience all of these

It is now mandatory to vote APC come 2019

Payback time...

7 Likes

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by adex2000ng(m): 7:43am On Jan 27, 2018
Hmm. Na what oo
Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by SirElaw(m): 7:43am On Jan 27, 2018
What we call government here is a group of people who we have permitted to ensure that we remain in hardship.

21 Likes 1 Share

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by iambabaG: 7:44am On Jan 27, 2018
Nigeria is a failed state!
I regret the fact that I’m a Nigerian and i owe it to my children not to be Nigerians!

36 Likes 3 Shares

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by lovingyouhun: 7:44am On Jan 27, 2018
Buhari wants the poor to becomer poorer and the rich rich all he cares about are his cows, thsy dont need to pay tax

Something tells me that Buhari thinks cows are humans and humans are cows,no wonder he wants to run for 2019 he thinks he is treating humans well which in reality are cows to him, why else will he request for cattle colonies?

3 Likes

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by Edopesin: 7:44am On Jan 27, 2018
This should Not Be A Prob If You Can Afford Staying In These Places.

So You Guys Should Enjoy grin

2 Likes

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by Haganah: 7:44am On Jan 27, 2018
Lols and the ripoff continues!

Sheepish populace.

1 Like

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by MiaB(f): 7:44am On Jan 27, 2018
Extortion of the highest order.

4 Likes

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by Bobby4090: 7:44am On Jan 27, 2018
That Lekki toll gate gives Lagos an average of N25m a day or N750m a month. As 250,000 vehicles pass there daily to and fro and if they pay an average of N100 it gives N25m a day or N750m a month.
The Lekki Ikoyi Bridge Toll gate has an average of 50,000 vehicles per day usage and they pay higher.
An average of N300 per vehicle there gives you N1.5m per day or N450m per month. Mind you more than half of the vehicles that use the bridge are high paying jeeps.
Together just these two toll gates gives Lagos more than a billion per month. And this is more than the internally generated revenue for some states.
I wonder if this hidden income is even calculated as part of Lagos state revenue or siphoned straight into people's pockets.
Only God knows the answer.

48 Likes 5 Shares

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by jerryunit48: 7:45am On Jan 27, 2018
Lagos need the money sha

1 Like

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by Nobody: 7:45am On Jan 27, 2018
At a time when millions have lost their jobs..

1 Like

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by Donald3d(m): 7:45am On Jan 27, 2018
Chei grin
Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by Fabolousibk1(m): 7:45am On Jan 27, 2018
can you imagine, arrant nonsense.. Thank God I kukuma know how to bypass their yeye toll gate grin

6 Likes

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by HustMelo: 7:46am On Jan 27, 2018
Let's go there !
Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by mayorjosh(m): 7:46am On Jan 27, 2018
we no they suffer this kind thing for mainland
shey be Na una be big Man for island?
pay the price

5 Likes

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by SirElaw(m): 7:47am On Jan 27, 2018
mayorjosh:
we no they suffer this kind thing for mainland

shey be Na una be big Man for island?

pay the price


Wow...considering that most mainlanders work on the island. Too much sense would kill you one day.

8 Likes

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by drasob: 7:49am On Jan 27, 2018
Election is coming... Somebody needs all the money he can get. Milk the populace dry undecided

10 Likes 2 Shares

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by paymentvoucher: 7:49am On Jan 27, 2018
Please what is the Toll Gate?.

We don't know Toll Gate here in Abuja
Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by Bolaji25: 7:50am On Jan 27, 2018
APC with their inconsistency..With all the economy drama Nigerians are facing..Na to increase toll be the next thing shey..

1 Like

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by cutelover19(m): 7:50am On Jan 27, 2018
If you're tired of paying the toll fees, kindly move to Iyana Ipaja or Okokomaiko grin wink

3 Likes

Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by iamauxin(m): 7:52am On Jan 27, 2018
One question:
Hope you've got your PVC? angry sad
Re: Lekki And Ikoyi Toll Fares To Increase February 1– LCC by Nobody: 7:53am On Jan 27, 2018
Lateef jakande built that road in the middle of a swamp there was not toll. Tinubu nd his goons (hitec/chagory) rebuilds the roads with a so called loan which would be offset with toll money. Yet pple still see thievenubu as a good man. Nigeria is doomed abeg

20 Likes 1 Share

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