LCC To Increase Lekki, Ikoyi Toll Fares
Lekki Concession Company Limited is set to 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 February 1.
The LCC said this in a statement that the upward review followed “extensive consultations held with stakeholders in the Eti-Osa/Lekki-Epe Expressway of Lagos State.
The Managing Director, LCC, 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.
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.
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.
