Lagos Impound 68,101 Vehicles, Generate N11.3 Billion
The Acting Commissioner for Transportation, Prince Anofiu Olanrewaju Elegushi on Tuesday revealed that , Lagos State Traffic Management Authority (LASTMA) and Vehicle Inspection Service (VIS) raked in a total of N11,353,781.25 as revenue for the state government in the last one year.
Elegushi made the disclosure a press briefing, said the VIS impounded 68,101 vehicles during the period under review and raked N2, 484, 683 250.00 into the state Internally Generated Revenue coffers.
He gave breakdown of the revenue generated by VIS within the year to be N856,746,500 from road fines, with the sum of N1,627,936,000 which came from Road Worthiness Certificate.
His words, “Through LASTA and VIS, a total revenue of N11,353,781.25 was generated,” saying VIS made N2,484,683,250, while LASTMA raked in the rest of the total figure.
Elegushi, who said the VIS picked 26,656 vehicles for not possessing Hackney Permit, Vehicle Licence, Insurance/Roadworthiness Certificates, added that on the whole, VIS recorded 141,543 traffic violations in the state.
On the commencement of Lagos State light rail, he disclosed that it has commenced review of the civil works
and development a road map to aid project completion.
Elegushi said, “In order to achieve full operation for the blue line rail, we have engaged a rail company, ALSTOM and a transport development company, Planet project Ltd, to review the civil works and develop a road map for the completion of the various operations.”
“For the red line, a 37 kilometer rail route, we are in discussion with Messrs Marina Express for development of the Red Line. The process involves a review of the project Development Agreement which will lead to detailed design and financial closure for the project.”
