Lagos APC berates Agbaje over threat to cancel Lekki-Épé toll gates

The Lagos State chapter of the All Progressives Congress (APC) has berated the governor­ship candidate of the Peoples Democratic Party (PDP), Mr. Jimi Agbaje for saying he will cancel the Public Private Par­ticipation arrangement that saw to the execution of the Lekki-Épé Expressway.

The party said the threat was an irrational election promise directed at foreign investors, which stands to cripple the economy of Lagos and affect the wobbling Nigerian economy.
In a release in Lagos, signed by the Lagos State Publicity Secretary of the APC, Joe Ig­bokwe, the party said it was quite surprising that at this age and time when the drive for for­eign investment was needed to break the shackles of economic doom, an aspiring candidate to the Lagos State governorship stool should issue such naked threat to Investors to boost his electoral chances. The party said that an Agbaje/PDP gov­ernment will spell doom.
“Two days after Agbaje’s disastrous election promise to cancel the foreign-driven con­cession on the Lekki-Épé Ex­pressway, Punch Newspapers carried a report that foreign investors, alarmed by the eco­nomic and political risks in the country, had pulled out N783.17 billion from the Nigerian Stock Exchange. This is an alarming economic statistics that should worry every Nigerian but in his desperation to con Lagosians of votes, Agbaje is threatening to stop foreign investment in La­gos such as the concession ar­rangement behind the construc­tion and subsequent tolling of Lekki-Épé Expressway.