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Update: Lekki-Ikoyi toll gate: Sanwo-Olu intervenes, agrees on tolling concessions, sought for cooperation and understanding

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Lagos State Governor, Babajide Sanwo-Olu has conceded to make some concessions over the planned resumption of tolling to the Ikoyi Link Bridge, and Lekki-Epe Expressway areas of the state.

Sanwo-Olu, while agreeing on the concessions, however, sought for cooperation and understanding from residents and stakeholders in the meantime.

The governor spoke at a meeting with the stakeholders on the resumption of tolling at Lekki-Ikoyi Bridge and Lekki-Epe Expressway at Lagos House, Marina, on Sunday evening.

Personalities at the meeting, included: leaders of the Lekki Residents Association, LERA, Lekki Residents and Stakeholders Association,LERSA.

While government representatives, besides Mr. Governor, were: Attorney-General and Commissioner for Justice Moyosore Onigbanjo SAN, Commissioner for Transportation, Dr. Frederic Oladeinde, Commissioner for Information and Strategy, Gbenga Omotoso, Lekki Concession Company, LCC Managing Director, Yomi Omomuwasan and LCC Board member Obafemi George.

Also at the meeting were: President of LERSA, Olorogun James Emadoye, Vice President of LERSA, Arc. O.P.A. Ladega, Financial Secretary, LERSA, Mr. Keji Olajide, Director of Stakeholders Engagements, LERSA, Mrs. Chika Allison-Idalah, Chairman of Infrastructure Committee, LERSA, Sulyman Bello, Chairman of Lekki Phase 1 Estate Residents Association, Mr. Yomi Idowu, Mr. Sony Irabor, Mr. Demola Folarin, Mr. Seni Adio,, Mrs. Eniola, and Mr. Paul Kogoro, all of LERA.

Meanwhile, during the session which lasted for several hours, the guests explained their position on the matter and demanded for some concessions.

The governor, having listened to each speaker, agreed to make some concessions after showing evidence of LCC’s financial situation and why tolling should resume at the plaza.

Omotoso, speaking on the development, added that the “LCC management would soon be announcing details of the concessions, following Mr Governor’s directive.”

Recall that the tolling was suspended in the wake of #EndSARS protest when soldiers in an attempt to disperse protesters at the Lekki-Epe Toll Gate, on October 20, 2020, shot live bullets into the crowd of protesters in which unspecified number of persons were allegedly killed and several others sustained injuries.

However, following months of engagement with key stakeholders within Eti-Osa /Lekki-Epe area, management of LCC had officially announced the formal return to tolling operations on Friday, April 1, 2022 at the Ikoyi Link Bridge Toll Plaza.

However, LCC affirmed that toll payment will not commence until April 16, 2022.

A statement by LCC Managing Director, Yomi Omomuwasan, read in part: “LCC has been a worthy part of the Eti-Osa/ Lekki-Epe ecosystem and has served the community relentlessly and to the best of its ability over the years.

“We are encouraged by the response and the cooperation received from the vast majority of residents and stakeholders who appreciate the value we bring to bear on their daily movement and continue to register for (or update ) their toll accounts in readiness for the commencement of cashless toll collection. All the points made at the engagements are well taken.

“Whilst LCC is aware of the concerns expressed by some stakeholders regarding the return to tolling, it is common knowledge that the government cannot, on its own, meet all the infrastructural needs of the ever-growing population.

“Given that the funding for the project was secured by the initial private sector sponsors and contracts were signed with various local and international financial institutions, in the spirit of respecting the sanctity of contracts, the Lagos State Government continues to meet these obligations when it bought over the shares of LCC, thereby taking over both the assets and liabilities.

“To ensure a smooth return, LCC has deployed new and more efficient technology at the Ikoyi Bridge Toll Plaza. Therefore, to test run the new system and ensure a seamless interface with road users, the first two weeks will be completely toll – free.

“LCC remains committed to providing a safer and better driving experience on the Ikoyi Link Bridge.”

Also, Earlier, Lekki residents, under the aegis of Lekki Peninsula Phase 1 Residents Association, had written the Governor of Lagos State, Babajide Sanwo-Olu, to suspend the planned resumption of toll at the Lekki-Ikoyi Link Bridge and the Lekki-Epe Expressway.

In an open letter to the governor last Tuesday, signed by the Chairman of the association, Yomi Idowu, the residents raised socio-economic reasons and other critical issues that were yet to be addressed which made the decision to recommence tolling unjust, oppressive, and illegal.

The letter read in part: “We view with deep concern and trepidation the less than transparent attempt at recommencing tolling activities at the Lekki-Ikoyi Link Bridge, even as matters relating to the #EndSARS protest, which led to the termination of tolling activities in the first place, remain largely unresolved. The issue is compounded by the myriad of issues bedeviling the rationale to toll at this location.

“It is against this backdrop that the Lekki Phase 1 Residents Association (LERA) implores the Lagos State Government (LASG) to apply wisdom and shelve its plans to resume toll collection on the Lekki-Ikoyi Link Bridge.”

LERA further argued that there were issues of pending court matter; ownership questions and lack of transparency; underdevelopment of the Lekki-Epe corridor; and justice for #ENDSARS victims, that were yet to be addressed by the government, making the recommencing of the toll illegal.

On the pending court matter, LERA argued that “the Lekki Concession Company Limited, LCC and Lagos Goverment have continued to use the instrumentality of the law courts to foist hardship on our community.

“We recall that the Federal High Court in Lagos had in the recent past effectively declared the tolling of the Lekki-Ikoyi Link Bridge as illegal and unconstitutional. Lagos State Government characteristically secured an order of stay of execution on the ground that it had appealed the court’s decision but has so far failed to prosecute the subject appeal.

“With this Sword of Damocles hanging over our community, one expected Lagos State Government to pursue the best interest of its citizenry rather than use the machinery of the state against law-abiding citizens.

“Rather than work to seek peace, the State is actively working through LCC to inflict more suffering and hardship on its citizens. It is within this context that we understand that protests are being planned under the banner #NoJusticeNoToll. If the
protests happen, the residents and businesses in Lekki will be the most affected,” LERA said.

“Your Excellency, we feel it is expedient to bring all the above to your attention and to particularly note that the general mood of the people suggests that LCC should refrain from collecting tolls at the Lekki-Ikoyi Link Bridge and the Lekki-Epe Expressway until these fundamental issues are addressed. To do otherwise will be to needlessly stoke the tension which pervades the nation.

“We urge Your Excellency to act to exercise maximum restraints at this point and to immediately suspend this planned resumption of tolling at the Lekki-Ikoyi Link Bridge in the overriding interest of peace and order in our community,” the letter concluded.

Also, ahead of April 1 planned reopening of tolling, the state government and LCC urged residents and stakeholders around Lekki and Ikoyi, to show understanding.

Omotosho and Oladeinde as well as Commissoner for Home Affairs, Prince Anofi Elegushi, made the appeal, during a stakeholders’ meeting, held at The Lekki Coliseum in Lekki Phase 1, Lagos.

They assured residents of the state government’s will to look into all the requests and recommendations made by the stakeholders and respond appropriately.

Responding to the key stakeholders who expressed their views about the LCC decision to reopen the Toll Plaza, Omotoso commended the speakers and implored them to show some understanding with the state government.

He said: “We are here to seek your understanding as a government about the matter at hand. We are also citizens of Nigeria. We are all Lagosians. I have listened to all of you talking about our rights, privileges and how government should be responsible for everything. I also feel that as citizens, we should have some responsibilities.

“Lagos is a city of about 25million people and out of the 25million people there are about six million taxpayers and among six million taxpayers, only 4.2million are active taxpayers.

“So, let us reflect on all these things. I know how people feel and I understand what has been said but I believe that the matter at hand is about seeking your understanding. It is a matter of showing some compassion for people who have one thing or another to do with this company.”

On the plea to halt the tolling, Omotoso appealed to the residents to consider the number of Lagosians, whose sources of livelihood also depend on the tollgate.

A popular Nigerian comedian and actor, Mr Debi Adedayo, popularly called, “Mr.Macaroni,” has raised the alarm over receipt of death threats for objecting to the resumption of tolling at the Lekki tollgate an shared one of such threats.

However, a number of Nigerians objected to it, with many pointing out that the shooting at the Lekki Toll Gate is still fresh in people’s memories and it would be insensitive to open the tollgate.

Mr Macaroni also objected to the resumption of tolling at the Lekki Tollgate.

He then returned to Twitter to share a death threat he got from a Twitter user, who threatened to kill him if he sees him protesting the reopening of the toll gate.

The user wrote: “I pray I get hold of him tomorrow at the Toll Gate. I will kill him on sight.”

Debo said: “This is one of the many threats I receive regularly.”

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Tinubu Unveils $7bn Plan to Drive Ogun Deep Seaport, Special Economic Zone, Says Onanuga

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President Bola Tinubu has unveiled an investment package of more than $7 billion for the development of the Ogun State Blue Marine Special Economic Zone and the Gateway Deep Seaport, describing the projects as a major step towards strengthening Nigeria’s maritime economy and attracting foreign investment.

In a statement by his Spokesman, Bayo Onanuga, on Thursday, the President spoke in Paris, France, during the signing of Memoranda of Understanding between the Ogun State Government and DP World, a global ports and logistics operator, for the development of the projects.

Tinubu assured domestic and foreign investors that the Federal Government would continue to provide regulatory clarity, policy stability and a predictable business environment to support long-term investments in Nigeria.

“The agreements before us bring together vision, expertise, capital and execution capacity. I particularly welcome DP World, one of the world’s leading port and logistics operators,” the President said.

He added that the Federal Government would provide the necessary regulatory and institutional support to ensure that the projects moved seamlessly from agreements to implementation.

According to the President, the agreements are expected to attract an initial investment of more than $7 billion into the Nigerian economy and create over 50,000 direct jobs when fully developed, alongside additional indirect employment opportunities.

Tinubu said the projects would also generate non-oil export earnings and contribute to Nigeria’s economic diversification.

“This is economic diversification made tangible. This is industrialisation made visible. This is Renewed Hope in action,” he said.

The proposed Gateway Deep Seaport at Ogun Waterside will have a four-kilometre berth and an 18-
metre draft. The facility is expected to help decongest the Lagos port corridor and ease pressure on the Apapa and Tin Can Island ports.

The president said the deeper draft would enable the port to accommodate larger vessels while providing a competitive gateway for trade within Nigeria and across the African Continental Free Trade Area.

He noted that the proposed Ogun State Blue Marine Special Economic Zone would cover about 10,000 hectares and would be integrated with the deep seaport to support manufacturing, processing, exports and logistics.

“The Gateway Deep Seaport is the critical infrastructure that will support the zone’s viability. A port moves cargo; a port integrated with a special economic zone helps to build an economy. Each reinforces the other,” Tinubu said.

He said the Federal Government would facilitate road, rail and power connectivity to the projects, while strengthening investment security and the maritime domain and removing unnecessary bureaucratic obstacles.

The president also linked the projects to the Lagos-Calabar Coastal Highway, describing the Ogun section of the road as a critical transport connection for the emerging industrial and maritime corridor.

“The Lagos–Calabar Coastal Highway is central to this corridor’s commercial viability,” he said, adding that the 28-kilometre Ogun section of the 700-kilometre highway was scheduled for completion before the end of the year.

Tinubu said the port and industrial zone would also form part of a wider strategic corridor linking the proposed Nigerian Navy Operating Base and Dockyard with the OK LNG Project.

The President commended Ogun State Governor Dapo Abiodun and his administration for securing the land and structuring the investment framework.

“I commend Governor Dapo Abiodun and the government and people of Ogun State for securing the land, structuring the investment framework and reducing project risks for global investors,” he said.
Governor Abiodun led the Ogun State delegation at the signing ceremony, which also included state commissioners and other senior officials.

Senior representatives of DP World, the Nigerian Ports Authority and SkyKapital were also present at the event.

Tinubu urged Ogun State and the investors to maintain the momentum created by the agreements and move quickly towards implementation.

“Nigeria lies at the heart of West African trade. Yet, our strategic advantage has been constrained by port congestion, inadequate draft capacity and logistics bottlenecks that increase the cost of doing business. These projects respond directly to those constraints,” he said.

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Happy Birthday to Me! 🎂🎉

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Today, I celebrate myself and give all glory and thanks to Almighty God for the gift of life and for bringing me this far. I am grateful for the opportunity to be alive, healthy, peaceful, happy, and prosperous.

As I celebrate another year today, I pray for greater blessings, wisdom, good health, peace, success, and abundant prosperity in the years ahead.

May this new chapter of my life be filled with joy, favour, wonderful opportunities, and fulfilment of my heart’s desires.

Happy Birthday to me! 🥳🎉
Congratulations to me on this special day. 🙏❤️🎂

I wish myself many more happy and prosperous returns. Cheers to a beautiful new year of my life! 🥂🎉

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Update : Mambilla: Nigeria Wins $2.35bn ICC Arbitration, Tinubu Hails Buhari, Obasanjo

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The International Chamber of Commerce tribunal in Paris has ruled in favour of Nigeria in the arbitration brought by Sunrise Power and Transmission Company Limited over the Mambilla Hydroelectric Power Project in Taraba State.

President Bola Tinubu, in a statement issued on Thursday by his Special Adviser on Information and Strategy, Bayo Onanuga, said the tribunal rejected the claims by Sunrise.

The company had sought $680m from Nigeria as a settlement sum and interest in relation to a separate arbitration in which it is claiming more than $2.7bn in compensation and interest over disputes surrounding the development of the 3,960-megawatt Mambilla project.

However, the tribunal, as reported by The Cable, also dismissed Sunrise’s claim for $400m arising from the 2020 settlement agreement, according to the details of the award reported on Thursday.

It further ordered Sunrise and its promoter, Leno Adesanya, to reimburse Nigeria 75 per cent of its legal fees and expenses, amounting to $11.82m.

The tribunal also reportedly declared that Adesanya was bound by the arbitration agreement with Nigeria under the settlement agreement and its addendum and that it had jurisdiction over Nigeria’s counterclaim against him and his firm.

In the statement, Tinubu said the ruling demonstrated the government’s determination to defend the country’s interests.

“This latest decision affirms the Nigerian State’s determination not to succumb to predatory and exploitative claims by corrupt local and international entities and their enablers and funders,” he said.

The President commended the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, and officials of the Federal Ministry of Justice for their role in the case.

He also commended former President Olusegun Obasanjo and the late former President Muhammadu Buhari, who testified in the arbitration.

“I also commend the FRN defence team, led by Ms Elizabeth Oger-Gross and Mr Tolu Obamuroh, both of Paul Hastings LLP, for their professional and excellent defence of the country.

“I commend the patriotism and support of former President Olusegun Obasanjo, GCFR, and late President Muhammadu Buhari, GCFR, who testified in the case, which dated back to an illegal 2003 contract to build a 3,050-megawatt hydroelectric plant in Taraba State under a build-operate-transfer model.

“The Federal Executive Council never authorised the contract. I thank the other witnesses in this case, including former Ministers Babatunde Raji Fashola, SAN, and Suleiman Adamu, and the experts, for their active participation in defending Nigeria’s interest in the arbitration,” the statement read.

“I want to assure you that while our country remains committed to partnering with genuine investors and honouring its legal obligations, it will continue to defend all opportunistic claims instituted against our commonwealth strongly.

“Today’s ICC ruling clears the single biggest legal hurdle that has paralysed the Mambilla hydro power project for years,” Tinubu said.

The dispute dates back to an agreement under which Sunrise claimed it had been awarded the contract to construct the Mambilla project.

The company commenced arbitration against Nigeria at the ICC International Court of Arbitration in October 2017, seeking about $2.354bn over an alleged breach of contract.

The parties later entered into a settlement agreement in 2020, under which Nigeria was to pay Sunrise $200m.

A subsequent dispute arose after the government did not make the payment, leading to another arbitration in which Sunrise sought $400m, comprising the $200m settlement sum and a $200m default payment.

In Thursday’s award reported by The Cable, the tribunal rejected Sunrise’s claim that Nigeria had breached its obligations under the settlement agreement and its addendum.

It also rejected the company’s demand for the $400m settlement and default sums.

The Cable reported that the tribunal fixed the arbitration costs at $1.6565m, with Sunrise and Adesanya responsible for 75 per cent and Nigeria for 25 per cent. Of the $11.82m in legal fees and expenses awarded to Nigeria, $2.5m is to be recovered from funds held in escrow by the ICC, while the remaining $9.32m is payable by Sunrise and Adesanya, with interest at 10 per cent annually, compounded annually, from notification of the final award until payment.

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