• About Us
  • Privacy Policy
No Result
View All Result
Express Day
  • Home
  • NEWS
    • Politics
    • Health
    • Education
    • Crime
    • Judiciary
    • Environment
    • Science & Technology
  • BUSINESS
    • Finance
    • Insurance
    • Agriculture
    • Aviation
    • Energy
    • ICT
    • Maritime & Transport
  • INVESTIGATIONS
  • ENTERTAINMENT & ARTS
  • SPORTS
  • en English
    ar Arabiczh-CN Chinese (Simplified)nl Dutchen Englishfr Frenchde Germanha Hausaig Igboit Italianko Koreanla Latinpt Portugueseru Russianes Spanishsw Swahiliyo Yorubazu Zulu
Express Day
No Result
View All Result
Home BUSINESS Economy

FG set to reintroduce toll Plazas on selected highways

ExpressDay by ExpressDay
August 12, 2021
in Economy, Metro, NEWS
0
FG set to  reintroduce toll Plazas on selected highways
0
SHARES
11
VIEWS
Share on FacebookShare on Twitter

The Federal Executive Council (FEC) meeting presided over by Vice President Yemi Osinbajo at the Presidential Villa, Abuja on Wednesday approved a federal roads and bridges tolling policy, as well as a regulation that will provide legal framework for the tolling policy. 

Minister of Works and Housing, Babatunde Fashola, made the disclosure while briefing State House Correspondents, alongside his colleagues in Information, Culture and Tourism, Lai Mohammed, Environment, Mohammad Abubakar and Power, Mamman Sale.

He said one of the highlights of the policy is that an open tolling policy as against a closed tolling policy which Nigerians have been used to, will be adopted. 

He explained that the tolling policy which was arrived at after consultation with stakeholders including National Assembly, Office of National Security Advisor, Bureau of Public Enterprises, Ministry of Transportation, Ministry of Industry, Trade and Investment, the Federal Competition and Consumer Protection Council, the Ministry of Communication and Digital Economy, which will be helping with the electronic and digital aspect of it, and Road Transport Employers Association (RTEA), the National Association of road transport owners (NARTO) and  National Union Road transport workers (NUTRW), will kick off when roads are motorable.

The Minister said that FEC also approved that only dual carriageways of the 35,000 kilometers should be eligible for tolling by the federal government.

The toll collection will be done electronically for the sake of audit and transparency, will be  used to maintain roads, to construct new roads as they accrue and also to pay the investors who invest in building or completing a road and then concession it.

Also approved was that certain types of vehicles be exempted from paying tolls. Those are bicycles, pedal cycles, tricycles, motorcycles, and other two or three wheeled transport use mainly by disadvantaged members of the society, as well as diplomatic vehicles and military and paramilitary vehicles. 

Fashola said council also approved that those who live around toll Plaza area will enjoy “frequent user discounts”.

The new tolling policy classified vehicles into five categories – cars first category, SUVs and jeeps as second category, private buses and commercial buses as third and fourth categories. And then luxury buses and trucks as a fifth category. 

Cars will pay N200, SUVs and Jeeps will pay N300, private buses will pay N300, commercial buses will pay N150, while luxury buses and trucks will pay N500.

Related

Previous Post

Medical lab scientists lambast FG over importation of COVID-19 vaccines

Next Post

COVID-19 response: Nigeria among top best globally-WHO

ExpressDay

ExpressDay

Next Post
COVID-19: WHO applauds Nigeria for containing 1st, 2nd waves, donates 26 ventilators

COVID-19 response: Nigeria among top best globally-WHO

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • Trending
  • Comments
  • Latest
PDP: Atiku lauds Umurhohwo’s Atikowa Movement initiative

PDP: Atiku lauds Umurhohwo’s Atikowa Movement initiative

August 11, 2022
Senator Akwashiki loses mum

Senator Akwashiki loses mum

August 1, 2022
NiDCOM welcomes new Kogi Focal Point Officer, Anako

NiDCOM welcomes new Kogi Focal Point Officer, Anako

December 7, 2020
Implications of Rising Security Flaws on 2023 Elections

Implications of Rising Security Flaws on 2023 Elections

August 10, 2022
FG urges Nigerians to embrace clean energy technology 

FG urges Nigerians to embrace clean energy technology 

August 16, 2022
Buhari appoints Dangote chair of anti- malaria council, says N2trn to be saved

Buhari appoints Dangote chair of anti- malaria council, says N2trn to be saved

August 16, 2022
Police confirms abduction of Nasarawa Information Commissioner by gunmen

Police confirms abduction of Nasarawa Information Commissioner by gunmen

August 16, 2022
Buhari congratulates Ruto on election as President of Kenya

Buhari congratulates Ruto on election as President of Kenya

August 16, 2022

Recent News

FG urges Nigerians to embrace clean energy technology 

FG urges Nigerians to embrace clean energy technology 

August 16, 2022
Buhari appoints Dangote chair of anti- malaria council, says N2trn to be saved

Buhari appoints Dangote chair of anti- malaria council, says N2trn to be saved

August 16, 2022
Police confirms abduction of Nasarawa Information Commissioner by gunmen

Police confirms abduction of Nasarawa Information Commissioner by gunmen

August 16, 2022
Buhari congratulates Ruto on election as President of Kenya

Buhari congratulates Ruto on election as President of Kenya

August 16, 2022

Follow Us

Browse by Category

  • Agriculture
  • Aviation
  • BUSINESS
  • Crime
  • Economy
  • Education
  • Energy
  • ENTERTAINMENT & ARTS
  • Environment
  • Feature
  • Finance
  • FOREIGN
  • Health
  • ICT
  • Insurance
  • INTERVIEW
  • INVESTIGATIONS
  • Judiciary
  • Maritime & Transport
  • Metro
  • NEWS
  • Oil and Gas
  • OPINION
  • PHOTO NEWS
  • Politics
  • Science & Technology
  • Security
  • SPORTS
  • TOP STORIES
  • Tourism

Recent News

FG urges Nigerians to embrace clean energy technology 

FG urges Nigerians to embrace clean energy technology 

August 16, 2022
Buhari appoints Dangote chair of anti- malaria council, says N2trn to be saved

Buhari appoints Dangote chair of anti- malaria council, says N2trn to be saved

August 16, 2022
  • About Us
  • Privacy Policy

© 2022 Express Day

No Result
View All Result
  • Home
  • NEWS
  • BUSINESS
  • INVESTIGATIONS
  • ENTERTAINMENT & ARTS
  • SPORTS

© 2022 Express Day