The Lekki Concession Company Limited (“LCC”) has announced its plan to increase the fare on Admiralty toll gate and Lekki-Ikoyi Link bridge toll gate with effective from November 8th 2017.
With these new prices, Saloon car owners who usually pay N120 at the Admiralty toll gate will now pay N200. At the Link bridge toll gate, they will pay N300 instead of N250
SUVs will now pay N250 against the previous N150 at Admiralty toll gate and N400 at the Link Bridge, which used to be N300. See the full list below.
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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 was 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 used 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.