The Lekki Concession Company (LCC), which manages the roads, had in a statement over the weekend said the new toll takes effect from February 1, 2018. The PDP chairman, Mr. Moshood El-Salvador expressed shock over the development, saying, the planned toll increment would definitely bring more hardship to the people and particularly motorists plying that corridor. “The reasons adduced for the planned increase, according to them include high operating cost and the current exchange rate of the naira to the dollar. “The Ambode-led APC government budgeted N813 billion in 2017, which he tagged ‘Golden Jubilee’ budget to celebrate the state at 50. The whooping amount from taxpayers was lavished on frivolities resulting into low budget performance in the state.

Source: The Guardian January 29, 2018 03:45 UTC