Tollgates: #EndSARS Protests Cost Lagos N234m As Siege Persists

'Dotun Akintomide
Writer

Ad

Just In! 24 Abducted Kebbi Schoolgirls Regain Freedom After Spending Days In Captivity

By Abiola Olawale The 24 schoolgirls abducted from Government Girls Secondary School, Maga, Kebbi state, have been rescued. This was confirmed in a press statement issued by the Special Adviser to the President on Information and Strategy, Bayo Onanuga. Onanuga said the girls regained their freedom on Tuesday. The New Diplomat reports that the girls…

Tinubu Orders Security Cordon on Kwara Forests Amid Kidnapping Surge

By Abiola Olawale President Bola Tinubu has ordered a total security cordon, comprising round-the-clock aerial surveillance and ground troop coordination, over the forest belts of Kwara State. ​The directive also extends to the forest areas of Kebbi and Niger States. ​Special Adviser to the President on Media and Public Communication, Sunday Dare, confirmed the directive…

Africa’s energy future in focus as thought leaders, policy chiefs, financers, others assemble in Port Harcourt for Solewant Group’s 9th annual Summit 

By Obinna Uballa Policymakers, financiers, energy executives, development partners, and researchers from across Africa and beyond will converge in Port Harcourt, Rivers State on Thursday for the 9th annual Solewant Group Africa Energy Summit, a premier platform set to spotlight the transformative role of technology in the continent’s energy sector.   The annual summit attracts…

Ad

By Gbenga Abulude (Politics and General Desk)

The Lagos State Government has incurred a loss of about N234m following the tollgates’ closure caused by #EndSARS protests as protesters have continued to ground Nigeria’s economic capital over demands to end police brutality in the country.

The loss has been compounded by the protesters who have continued to mount barricade at the tollgates  daily since last Monday. In fact, protesters consistent siege at the tollgates blocking vehicular movement on the Lekki-Ajah axis has been of negative consequence in several ways

According to  Punch report, Monday, quoting Lagos state Commissioner for Information, the financial loss the state has experienced since the siege on the tollgates started, has been astronomical. The report added that despite this loss, the state has continued to generate money from adverts at the toll plazas.

The N234m loss was based on calculations  from daily and monthly targets which the state government reportedly set for the tollgates managers. The tollgates are being managed by the Lekki Concession Company (LCC).

Based on the daily targets, the Lekki-Ikoyi Link Bridge was projected and expected to generate about N10m daily while the Admiralty Circle Plaza along the Lekki-Ajah Expressway was expected to generate accruals of nothing less than N16.6m a day.

With this huge loss, the state government is at a dilemma even as the protests have persisted despite pleas from Governor Babajide Sanwo-Olu who was there in person last week where he urged the #EndSARS protesters to ceasefire . According to the governor he would ensure that their demands are met as he would personally convey their messages to the Presidency.

The protesters are not only demanding an end to police brutality and justice for reported cases of extra-judicial killings perpetrated by the outlawed Special Anti-Robbery Squad (SARS), they also want a total reform of the Police force  as well as observance  of the values of good governance by the present administration.

Ad

X whatsapp