FEC Approves Policy For Toll Gates On Federal Roads

August 12, 2021
toll gate
toll gate

THE Federal Executive Council has approved policy and regulations for toll gates on federal roads and bridges in the country.

Speaking with newsmen after FEC meeting on Wednesday, Minister for Works and Housing, Babatunde Fashola, said the policy and accompanying regulations were developed after extensive consultations with various stakeholders within and outside the government, including transport unions.

Join our WhatsApp Channel

Fashola explained that the current fees being paid at tolled roads in Lagos and Abuja were taken into consideration while developing the policy.

The minister said, “Open Tolling System would be adopted and only dual carriageways owned by the federal government will be tolled. Recommended tolling fees in the Approved Policy and Regulations are as follows: Cars: N200, SUVs: N300 Private Buses: N300, Commercial Buses: N150, Luxury Buses, and Trucks: N500.

“Tolled revenues will be used to maintain the roads, repay investors who have invested in building the Highway Development Management Initiative (HDMI).”

According to him, the policy stipulates that electronic toll collection and management systems will be prioritised over cash systems, while bicycles, tricycles, motorcycles, diplomatic vehicles, military and paramilitary vehicles will be exempted from tolling.

“People who live around Toll Plaza areas will benefit from ‘frequent user’ discounts, in line with global best practices,” Fashola said.

He however stated that even with the approved policy, tolling of federal roads and bridges would not commence immediately.

+ posts

Featured Stories

Latest from Top Stories

Nigerian Govt  Publishes New Tax Laws In Gazette

FG Dragged to Court Over January 1 Rollout of New Tax Laws

The Federal Government (FG) has been dragged before the Federal Capital Territory (FCT) High Court over the planned implementation of new tax laws set to take effect on January 1, 2026. The legal action has added momentum to the ongoing debate over
NNPCL’s Revenue, PAT Drop In July

Tinubu Clears $1.42bn, N5.57tn Legacy Debts Owed by NNPC

President Tinubu has given approval for the write-off of a significant portion of debts owed by the Nigerian National Petroleum Company Limited (NNPC Ltd) to the Federation Account, amounting to about $1.42 billion and N5.57 trillion, Prime Business Africa reports. Details of
who supports guinea after detection of first ever case of marburg disease
Previous Story

WHO supports Guinea after detection of first-ever case of Marburg disease

Heirs Towers
Next Story

Heirs Insurance Upgrades Website

Don't Miss

Alleged Terrorism Financing: Briton Declines Police Invitation, FPRO Claims

Alleged Terrorism Financing: Briton Declines Police Invitation, FPRO Claims

The Nigeria Police Force has said the British national, Andrew
Top Five Performing Insurance Companies In Nigeria By Revenue Growth

Top Five Performing Insurance Companies In Nigeria By Revenue Growth

The adoption of insurance in Nigeria rose in 2022, as