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Fashola, the Lekki Toll Protests and Property pricesGovernor Raji Fashola has finally commissioned the much resented toll gate on the Lekki Expressway. By that action motorists travelling on that road will henceforth pay a toll fee to go through the barriers. This has not gone down well with many Lagosians especially the residents of Lekki area who have seen it as an additional economic burden on them. No wonder the commissioning ceremony was dwarfed with placard carrying protesters showing their anger their Governor's action. Sincerely speaking what played out on Saturday could have been avoided if a proper communication channel had been put in place. Questions that are now arising could have been pre-answered and the alleged police brutality avoided. Beside the economic burden, also the protesters are angry that the alternative road provided is too narrow and that the tollgate is located in the middle of the metropolis. This latter argument will definitely has its effect on property prices and rent income. Potential property hunters in that corridor will now ask the potent question: before the tollgate or beyond the tollgate. Follow this thread - Add your comment |