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LEKKI TOLL GATE: FASHOLA SPEAKS ON CONCESSION BUY-BACK

1,489 views · Published 27 September 2013 · 3:28 · Indexed 17 October 2026

Channel: TV360 Nigeria · 2013 · News & Politics

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Lagos state governor, Babatunde Fashola speaks on why the state government decided to buy back the concession on the Lekki Toll Plaza.
in August this year, the Lagos State House of Assembly approved N7.5bn for the aquisition of the concession right of the expressway and toll plaza.
Governor Fashola said the government would soon take over the tool plaza as soon as all the necessary processes are completed. He also hinted that the toll fee may be reduced when the government finally takes over.
Users of the expanded road have had to part with different amounts, depending on their class of vehicles. The amounts range from N50 for motorcycles to N120 for saloon cars and tricycles; N150 for Sports Utility Vehicles, minibuses and pick-up trucks; N80 for commercial mini-buses; and N250 and N350 for light trucks and heavy trucks, and buses with two or more heavy axles.
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