x

FG govt plan to reintroduce toll gates, as 12 highways set for concession

The Nigerian government is set to reintroduce toll gates on Nigerian roads as 12 highways have been earmarked for concession to private companies.

This was made known on Friday in Abuja by the Minister of Works and Housing, Babatunde Fashola, while receiving the Outline Business Case Certificate of Compliance for 12 pilot federal highways billed for the concession which signifies the return of the toll gates as concessionaires will have to recoup their investments.

The Minister said that the 12 earmarked roads were under the ministry’s Highway Development Management Initiative, adding that the Infrastructure Concession Regulatory Commission would hand over the certificate to the ministry at the FMWH headquarters in the FCT.

The 12 highways in the pilot phase include the Benin-Asaba, Abuja-Lokoja, Kano-Katsina, Onitsha-Owerri, Shagamu-Benin and Abuja-Keffi-Akwanga highways.

Others are the Kano-Shuari, Potiskum-Damaturu, Lokoja-Benin, Enugu-Port Harcourt, Ilorin-Jebba, Lagos-Ota-Abeokuta, and the Lagos-Badagry-Seme Border highways, which have a combined 1,963km stretch.

A document on the objectives of the HDMI presented by Fashola indicates that the initiative would attract sustainable investment and funding in the development of road infrastructure in the country.

The document also stated that the HDMI would maximise the use of assets along the right-of-way and develop other highway furniture.

According to the ministry, the targets are to develop an ecosystem along the federal highway network by bringing multi-dimensional resources of skills, finance, technology and efficiency into national highway governance.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalistAs...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Neomercantilism: Trump’s New Tariff Regime And American Economic Uncertainties

By Sheriff Ghali Ibrahim,  AbujaMercantilism as the art and...

Seadogs donate sanitary pads to female students in A’Ibom 

By Ogenyi Ogenyi,Uyo The National Association of Seadogs, (NAS), also...

N/Delta communities demand urgent action on methane emissions

By Ogenyi Ogenyi, Uyo  Representatives of communities affected by oil...

Plateau  commence  enforcement of regulations on vehicles transporting  spillable goods 

By Isreal Adamu, Jos Plateau Environmental Protection and Sanitation Agency...

Plateau  South  APC group   Passes Vote of Confidence on Speaker Dewan 

By Israel AdamuA group operating under the umbrella body...

Igali Calls for Inclusion of Canoeing, Kokowa at the National Sports Festival

By Amgber KumoBayelsa State Commissioner for Sports Development, Dr....

N10bn Alleged Loot: EFCC Probes SGF Akume’s PA ,Torhile Uchi

Indications emerged that the personal Assistant to the Secretary...
spot_img

Related Articles

Popular Categories

spot_imgspot_img