After months of engagement with key stakeholders within Eti-Osa /Lekki-Epe area, Lekki Concession Company Limited (LCC) has officially resumed tolling operations on Friday, 1st April, at the Ikoyi Link Bridge Toll Plaza.
Yomi Omomuwasan, managing director, Lekki Concession Company however said toll payment will not commence until 16th April 2022.
LCC has been a worthy part of the Eti-Osa/ Lekki-Epe ecosystem and has served the community relentlessly and to the best of its ability over the years.
Omomuwasan in a statement said the decision is encouraged by the response and the cooperation received from the vast majority of residents and stakeholders who appreciate the value that is brought to bear on their daily movement and continue to register for (or update ) their toll accounts in readiness for the commencement of cashless toll collection.
LCC is aware of the concerns expressed by some stakeholders regarding the return to tolling, but noted that the government cannot, on its own, meet all the infrastructural needs of the ever-growing population.
“Given that the funding for the project was secured by the initial private sector sponsors and contracts were signed with various local and international financial institutions, in the spirit of respecting the sanctity of contracts, the Lagos State Government continues to meet these obligations when it bought over the shares of LCC, thereby taking over both the assets and liabilities”.
The CEO said LCC has deployed new and more efficient technology at the Ikoyi Bridge Toll Plaza to ensure a smooth return adding that, the first two weeks will be completely toll – free to test run the new system and ensure a seamless interface with road users.
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