The Lagos State Government has reportedly lost N234m to the closure of tollgates due to the ongoing #EndSARS protests across the country.
Despite the closure of the tollgates by protesters, the state government has continued to make money from adverts at the toll plazas.
According to a report by The Punch, the Lagos state government lost N234 million Naira due to the protests, and the figure was obtained from the daily and monthly targets set for the tollgates by the government, which owns the tollgates, which are being managed by the Lekki Concession Company.
A Lagos State commissioner, who wished to remain anonymous, told the media outlet that the Lekki-Ikoyi Link Bridge was expected to generate about N10m daily, while the Admiralty Circle Plaza along the Lekki-Epe Expressway was not expected to generate less than N16.6m a day.
The commissioner said the Lekki-Ikoyi Link Bridge was not expected to generate less than N300m monthly, while the Admiralty Circle Plaza generates about N500m monthly.
“At least 80,000 cars use the tollgates every day. The figure could be higher or lower depending on the day of the week. However, since the protests started, the Lekki tollgate has been completely shut, while the Ikoyi one has been left permanently open for people to use without payment,” he said.
Protesters have threatened that they won’t back down till their demands are totally met by the government.
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