₦airaland Forum

brondby:
NOT TRUE, SIR!!!!!

Jupxter:
Deal with it. Nigerians claim to be educated but i wonder and i'm amazed at our rationale. A toll gate has been in place for almost a century, and no public declaration is made on the loan that was used in the construction of this road.

For a state that makes massive IGR, and receives allocation from oil, one should assume Lagos has more than enough. But no way, it's like life, we want more and more, they keep asking for more and more like an open grave.

Last time the commissioner of finance was questioned by Chief Jimi Agbaje about the status of the loan used in constructing the road, the amount paid, the amount left to be paid, the amount generated by the toll monthly, the projected tenure it will remain functional, he couldn't talk and was serving the interests of secondary parties.

It's like Jesus said, the rulers of this world like tax collection. Let them keep increasing it. They know Nigerians won't complain.

Pinoralia:
I think everyone progressive individual will condemn this toll fare hike together. It s so sad we are still seeing comments like:
I don't live in the Island, it s not my problem.
Why not alternative route?

It would have been better we come together and condemn the way these leader are extorting the masses.

I don't live in Nigeria, it is my problem because Nigeria is my country.

Lagos makes Billions of Naira from taxes on monthly basis most of which is from the Island. What s their return from the government if there is no good road? The is no pipe borne water in the Island as we talk. Some people buy water from tankers as their well bring forth bad water due to the closeness to the sea.
People saying it s not their problem are as selfish as the government.

BruncleZuma:
Aurora, as per say nah you...

The point everyone is missing is this...LSG has no say in this it's a PPP and profit must be generated at any and every means necessary.

Lekki Concession Company Limited ("LCC", an initiative of ARM Group of Companies is a Special Purpose Vehicle set up specifically to execute the Lekki Toll Road Concession Project.

This pioneering project is mandated under a 30-year Concession Agreement for the upgrade, expansion and maintenance of approximately 50km of the Lekki-Epe Expressway (Phase I), and construction of approximately 20km of the Coastal Road (Phase II) on the Lekki Peninsular. The project is designed to deliver essential road infrastructure and services along the Lekki Peninsular of Lagos.

Lekki Toll Road Concession is a Public Private Partnership (PPP) scheme, and uses the Build-Operate-Transfer (BOT) model of Infrastructure delivery. The Concession is for a period of 30 years, following which the assets will be transferred to Lagos State Government.

LCC is strongly committed to providing high quality road infrastructure and related services to our customers and other stakeholders, and therefore places a premium on providing sustainable solutions to the challenges brought about by historic heavy traffic congestion along the Lekki Peninsular of Lagos.

Source: http://www.lcc.com.ng

9jvirgin:
This country should be handed over to United Arab Emirates for proper management and human welfare stability. Nigeria is the only country where insanity is like a party.

FarahAideed:
The same concessinaire that could not complete 5 percent of the lekki epe express road , the same conceasionaire yiur crooked Fashola bought back tge concession from for almost 14 billion naira in a shady mannner yet they remained after receiving tge illegal payment..Abeg receive sense jare ..now that LASG has suspended the increment what do yiu have to say

Smellymouth:
Okay, the elders in council have heard your question..
We have heard you... The Igwe is not around , and the council of elders can't debate on this issue in his absence. Thank you.

Your question will be answered in 4 market days.

riyanxeally:
summary is shes no longer married to a billionaire
she dey manage her life..now so pity her..