Thursday, May 30, 2013

[Fash'o'Law]... Lagos new bridge opens, toll to wait


The  Lekki-Ikoyi suspension ridge: Assembly stalls toll collection

Lawmakers of the Lagos House of Assembly have deferred a decision on the tolling of the new Lekki-Ikoyi bridge opened by the Lagos State Governor, Mr. Babatunde Fashola, amidst fanfare today.
The 1.358km long suspension bridge cost about N29 billion, almost $184.6million. It was built by Julius Berger.
The lawmakers, except the Speaker, Adeyemi Ikuforiji, and Sikiru Oshinowo, all rejected the proposal which was brought to the House by the State Government on the basis that the one-kilometer bridge was built with tax-payers fund and not on a public private partnership deal.
The government had...
sought the approval of the lawmakers on initial maximum tolls of N250 for saloon cars; N300 for mini vans, Sport Utility Vehicles (SUVs) and light pick-up trucks; N400 for non-commercial buses with a maximum sitting capacity of 26 persons; N100 for motorcycles with 200 cc engine capacity and above.
But the lawmakers wondered how the residents of the State would feel to understand that they would pay for using the same bridge built with their money.
Attempts by Ikuforiji to convince the members on the importance of the proposal and how beneficial it would be to the State was rebuffed.
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Mr Fashola...N250 for Saloon cars? I leave that for your conscience.

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