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    Home»Nigeria News»Lagos residents lose N1trn to traffic gridlock annually — Govt
    Nigeria News

    Lagos residents lose N1trn to traffic gridlock annually — Govt

    NigeriaNewzBy NigeriaNewzJuly 15, 2025No Comments2 Mins Read
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    …As LASTMA Recovers N4bn in Misplaced Productiveness

    …Sanwo-Olu Flags Off Second Site visitors Convention

    By Olasunkanmi Akoni

    LAGOS — The Particular Adviser to Governor Babajide Sanwo-Olu on Transportation, Sola Giwa, has revealed that Lagos residents lose an estimated N1 trillion yearly to productiveness misplaced in visitors gridlock, with commuters spending a median of six hours each day on the highway.

    Giwa made the disclosure on Tuesday through the flag-off of the Second Lagos Site visitors Convention, held on the Eko Resort and Suites, Victoria Island, as a part of actions marking the twenty fifth anniversary (Silver Jubilee) of the Lagos State Site visitors Administration Authority (LASTMA).

    He additionally famous that LASTMA has helped get well at the very least N4 billion in productiveness beforehand misplaced to visitors congestion within the state.

    Themed “Enhancing Site visitors Effectivity and Security on Lagos Roads: Challenges, Alternatives, and Improvements,” the three-day convention was formally declared open by Governor Sanwo-Olu, represented by his deputy, Dr. Obafemi Hamzat.

    The occasion attracted a high-profile gathering of transportation consultants, policymakers, technocrats, teachers, city improvement consultants, regulation enforcement officers, non-public sector stakeholders, and worldwide companions. Members are anticipated to critically look at the persistent challenges and rising alternatives in Lagos’ transportation and mobility sector.

    Highlighting a significant milestone on the occasion, Basic Supervisor of LASTMA, Olalekan Bakare-Oki, formally unveiled the Lagos State 20-Yr Strategic Site visitors Administration Coverage — a visionary roadmap designed to restructure the state’s transportation framework. The plan goals to boost infrastructural effectivity, strengthen enforcement programs, and combine sensible mobility applied sciences throughout the state.

    The submit Lagos residents lose N1trn to traffic gridlock annually — Govt appeared first on Vanguard News.



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