HIGHLIGHTS OF A PRESS CONFERENCE ADDRESSED BY MR. YOMI OMOMUWASAN, MANAGING DIRECTOR, LEKKI CONCESSION COMPANY LIMITED (@LCCTollRoad) ON MONDAY, 15 FEBRUARY 2021

#EndSARS 
#LekkiTollGateProtest
#DefendLagos

@jidesanwoolu
[PANEL RULING]: MD @LCCTollRoad says the Panel's ruling was clear and explicit. The Admiralty Circle Toll Plaza was never shut down. Rather, LCC was only asked to leave the Plaza untouched until the completion of the forensic audit instituted by the honourable Panel.
MD @LCCTollRoad Toll Plaza ever designated 'a crime scene’ by the Panel, as this would have warranted the total stoppage of vehicular movement at that section of the road, Vehicular movement has continued unhindered on the road since Wednesday 21st October 2020.
The ruling merely permits LCC to access the Toll Plaza to evaluate and assess the facility's damage and the renovation to be carried out.
[LCC WORKERS]: MD @LCCTollRoad says they have hundreds of workers, who have lots of dependents to take care of and monthly financial obligations to honour. Also, evaluation and restoration require time, and further delay can only worsen the Company's situation as a going concern.
MD @LCCTollRoad says some people believe that all that the LCC does is collect tolls. He says Daily Users of the Eti-Osa-Lekki-Epe Expressway would testify that LCC provides free 24/7 towing services, accident and breakdown recovery, ...
.. emergency services and 24-hr security patrol along the express road. LCC is solely responsible for the man-power and operational cost of all of these ancillary services at no cost to road users... he says NO ROAD in Nigeria today offers such.
[WHO OWNS LCC]: MD @LCCTollRoad says Some private-sector shareholders originally owned the Company.... He says that as of 31st December 2011, the Company's shareholders were African Infrastructure Investment Fund (AIIF); ....
.... Asset and Resources Management Company Ltd (ARM), Larue Projects Company Ltd, Hi-Tech Construction Ltd.
MD @LCCTollRoad in December 2014, the Lagos State Government acquired 100% shareholding right in the Company. The shares were allotted as 75% to the Lagos State Government and 25% to the Public-Private Partnership (PPP) Office.
MD @LCCTollRoad says The records are there at the Corporate Affairs Commission (CAC)' including the regular filing of returns and tax obligations.
MD @LCCTollRoad says There are loan obligations to be met. The road needs to be maintained. He says are young Nigerians who earn a living from the Lekki Concession Company.
“We appeal once again for reason to prevail and peace to reign. No litigation lasts forever. Our hearts and prayers are still with all those who suffered one form of loss or the other in the anarchy that gripped our state before and after the October 20 incident” -MD @LCCTollRoad

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15 Feb
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@jidesanwoolu ImageImageImageImage
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