x

FG to Reintroduce Toll Gates On Highways

The Federal Government on Wednesday announced the readiness to reintroduce toll collections on some selected “motorable” dual carriageways across the country.

The Minister of Works and Housing, Babatunde Fashola disclosed this while briefing State House reporters after the weekly Federal Executive Council (FEC) meeting presided over by Vice President Yemi Osinbajo at the Presidential Villa, Abuja.

He said the tolling to be reintroduced on dual carriageways would cover only 5,050 kilometres (14.3 percent) out of the total 35,000 kilometres federal roads.

It would be recalled that President Olusegun Obasanjo’s administration dismantled all toll on federal roads across the country in 2003.

The minister said the modalities are now being worked out to determine how soon the tolling system will take off.

He said: “The Ministry of Works and Housing presented a policy memorandum for the approval of federal roads, bridges, tolling policy, and also a regulation that will provide a legal framework for the tolling policy. So, we have taken another step. So, let me be clear, tolls are not going to start tomorrow. So, let us be clear about that.

“But the big step to actual tolling was taken today by presenting for approval the broad policy that will guide the tolling so that local people, states, local governments, all those who manage roads, investors who want to come in, will know what our tolling policy is. And that will form the basis of their financial modelling, their investment decision.”

The minister also said the toll collected apart from being used to maintain the roads would also be used to construct new ones while the toll system will be electronically driven for transparency.

“We will also be going through a process of largely electronic toll collection and management system for audit and transparency. We’ll still have some cash at the very many more and hopefully phased that out as we go ahead,” he said.

Hot this week

AI firm raises $30,000 from Pre-Seed Funding in Nigeria,UK

By Ogenyi Ogenyi,UyoA Nigerian artificial intelligence startup, building automation...

Importance of Institute for Peace and Conflict Resolution(IPCR) to Security Challenges

By Jemimah LamiNigeria’s security environment remains one of...

ICPC Details Items Seized From Nasir El-Rufai’s Abuja Residence

The Independent Corrupt Practices and Other Related Offences Commission...

2027: I Have No Anointed Candidates, Says Kaduna Governor Uba Sani

Kaduna State Governor Uba Sani says he has no...

Group Petitions Tinubu Over Alleged Handling of Abducted Girls in Borno, Yobe

By Achadu Gabriel, KadunaA civil society group, the...

Bayelsa APC Elects Warman Ogoriba as State Chairman

The All Progressives Congress (APC) in Bayelsa State has...

TCN Begins Maintenance at Fakun 330/132/33kV Substation, Power Supply Affected

By Jabiru HassanThe Transmission Company of Nigeria (TCN)...

NCDMB Signs Management Deal with Radisson for 204-Room Hotel in Yenagoa

The Nigerian Content Development and Monitoring Board (NCDMB) has...

INC Election Crisis: Disqualified Aspirants Seek Diri’s Intervention

Tension is mounting ahead of the Ijaw National Congress...

2027: APC France Mobilises Diaspora Support for Tinubu, Shettima

The France chapter of the All Progressives Congress has...

Related Articles

Popular Categories

spot_imgspot_img