I have often wondered why the Lagos State government concessioned the Lekki Epe Exp. The intent is best known to the government. However, the number of years the road is concessioned is another matter (30 yrs) . I also noticed that Lekki Concession Company LCC has not declared the toll fees. There are 3 toll points planned for the 49.5km road.

I have done an analysis of the toll returns call it intelligent guess work and the result is stunning.

At a rate of N100/passage, 85000 vehicles estimate / day( estimate by LCC ), and total project cost estimate N105 BILLION, LCC will recover cost and make Billions of Naira profit in just 10 years. So why the 30 years concession?

The alternative coastal roads have not been constructed either manking it impossible for tax paying citizens who may choose to avoid using the exp. road.

My brother,

It is just another way to milk citizens. The purpose is not sincere. Outright fraud.