Questions and Answer Session: 1. Clarification on why the State Government would announce tolling on the bridge that was built with public funds. 2. How did the government come about the amount and the reason why the government selected the Lagos Tolling Company, LTC, without due process. 3. Identity of the tolling company? 4. Why would the State Government could go ahead to secure the services of a tolling company when the project was not a public private partnership deal. 5. The Deputy Speaker also countered the State cabinet members who had informed the members that the tolling company is 100 percent indigenous. Slamming the government for seeking foreign companies, he reminded his colleagues that a South African company owned stakes in the company. 6. What is the relationship between the bridge and the Lekki-Epe Expressway manned by the Lekki Concession Company that collects tolls on the road. 7. The tolling company would further share from the excess profit made from the tolling after getting 27 percent of the net toll revenue and another 20 percent of revenue from activities around the bridge like advertisements and use of right of way. Why? 8. The Attorney-General however agreed that the contract agreement with the LTC had not been signed, but that the tolling had started “in principle.” So for the time being toll should be paid "in principle" abi nah? 9. The Lagos Tolling Company was set up for the purpose of receiving tolls on the bridge but added that the company is affiliated to a foreign company and it was picked because the government wanted something befitting of the status of the State. What process? Bourdillion fiat i guess. 10. The toll amount is high to enable the government meet its agreement to compensate the Lekki Concession Company, LCC, for any infrastructure built 10-kilometer radius from the Lekki-Epe Expressway as contained in the non-compete clause of the contract between the government and the LCC. Question: What is the difference between the toiling company and LCC? Ans: Same as the difference between Asiwaju Ahmed Bola Tinubu and Alhaji Agba Ojuyobo 11. Why and how did the LCC qualify for the compensation when it has not completed its own contract?. - Government magic. 12. The executive undertook a select tender in which it allowed only three companies to bid after which the LTC won – Transparency? 13. As the debate became intense, the Speaker asked that the commissioners be asked to go while deliberations would continue at the executive session. – Settlement – in-house.
Posted on: Fri, 07 Jun 2013 19:41:16 +0000
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