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Federal Government Approves New Policy For Tollgates
The federal executive council (FEC) has approved a new policy for tollgates across the country.
Babatunde Fashola, minister of works and housing, disclosed this at a media briefing yesterday.
The development comes months after the federal government disclosed that the use of tollgates will be reintroduced for concessionaires to recoup investments, under a new arrangement through the new highway development and management initiative (HDMI).
In a statement by Tolu Ogunlesi, presidential aide, the council granted approval for the ‘Federal Roads and Bridges Tolling Policy and Regulations’ at its meeting yesterday.
While noting that the tolling system will prioritise the use of technology, some highlights of the regulations include recommended tolling fees for vehicles as follows: “Cars: N200; SUVs: N300; Private Buses: N300; Commercial Buses: N150, and Luxury Buses and Trucks: N500”.
According to the statement, the policy was developed “after extensive consultations with various stakeholders within and outside the Government, including Transport Unions like NURTW, NARTO, RTEAN”.
“A Willingness-To-Pay Survey was carried out, to arrive at the recommended pricing framework. The fees at existing tolled roads (Lagos and Abuja Airport Toll Plazas, and the Lekki and Ikoyi Toll Plazas) were also taken into consideration,” he added.
