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 Stock Market Record Highest Level In 15-years, Equity Cap Up N59.90bn

Nigerian Stock Market Rebounds With N30.45bn Gain

The all-share index (ASI) increased by 0.23 percent on Friday, January 16, leading to the market capitalisation of the Nigerian Exchange (NGX) rising by N30.45 billion. It was gathered that the ASI expanded by 72.21 basis points, from 166,057.29 index recorded on

Retired Nigerian Soldiers Scramble for Food

A video showing retired Nigerian military personnel struggling to collect food during an official ceremony in Abuja has gone viral, prompting renewed debate about conditions of service and post-retirement welfare in the armed forces. The footage was recorded on Thursday during events
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

Xavi Reveals Decision To Quit As Barcelona Head Coach

Xavi Reveals Decision To Quit As Barcelona Head Coach

Barcelona manager Xavi Hernandez has shockingly announced on Saturday evening
Lance Reddick Dead At 60

Lance Reddick Dead At 60

Lance Reddick has reportedly passed away at the age of