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The Lekki Concession Company Limited (LCC) has announced it’s intention to resume Tolling on the Ikoyi Link Bridge on 1st April .
However, toll payment will not commence until 16th April 2022.
In a statement signed by Managing Director of Lekki Concessionaire Company,LCC, Yomi Omomuwasan,he said the decision was taken after series of consultation with stakeholders in the Lekki Ajah axis.
He remarked that 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.
Full statement below:
“We are encouraged by the response and the cooperation received from the vast majority of residents and stakeholders who appreciate the value we bring 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. All the points made at the engagements are well taken. ”
“Whilst LCC is aware of the concerns expressed by some stakeholders regarding the return to tolling, it is common knowledge 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.
To ensure a smooth return, LCC has deployed new and more efficient technology at the Ikoyi Bridge Toll Plaza. Therefore, to test run the new system and ensure a seamless interface with road users, the first two weeks will be completely toll – free.
LCC remains committed to providing a safer and better driving experience on the Ikoyi Link Bridge.
Yomi Omomuwasan,
MD/ CEO LCC
