Lagos economy in ‘go-slow’ as traffic disappears

Business & TechNIGERIA
Lagos economy in ‘go-slow’ as traffic disappears

While commuters in Lagos State are breathing a sigh of relief as traffic congestion has eased in recent weeks on the back of petrol price hike, business activity has slowed down in the state, BusinessDay’s findings have shown.

From the determined stride of pedestrians on their morning commutes to the symphony of car horns and the cries of danfo drivers to ‘move out of the way’, there is a feeling of liberty in Nigeria’s commercial capital.

On Wednesday, Jason Njoku, a Nigerian businessman, took to Twitter to lament the less traffic in Lagos following the removal of petrol subsidy and its implication on businesses.

In a series of tweets shared on his handle, the Iroko TV boss said he arrived in Lagos on Tuesday and was shocked by “the lack of traffic” in the state.

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