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Tollgates Return On Federal Roads As FG Approves N200 For Cars, N300 For SUVs, N500 For Trucks – See Full List
Tollgates return on Federal Roads across the country as FG approves N200 For Cars, N300 for SUVs and N500 for trucks.
Toll Revenues generated will be used to maintain the roads and also to repay investors.
Minister of Works and Housing, Babatunde Fashola, disclosed this yesterday, August 11, while briefing newsmen at the end of the weekly virtual Federal Executive Council (FEC) meeting at the State House, Abuja.
According to a statement by Tolu Ogunlesi, the Special Assistant to the President on Digital and New Media, Babatunde Fashola said the tollgate policy was developed after extensive consultations with various stakeholders within and outside the government, including transport unions like National Union of Road Transport Workers, Road Transport Employers’ Association Of Nigeria, amongst others.
He listed the recommended tolling fees in the approved policy and regulations to include “Cars: N200; sports utility vehicles (SUVs): N300; Private Buses: N300; Commercial Buses: N150; Luxury Buses and Trucks: N500.”
“It will be an Open Tolling system (just like the one that used to be in existence in the country), instead of a Closed Tolling system. (A Closed Tolling system means that you pay per distance traveled (‘distance-dependent’), while Open Tolling means you pay a fixed/flat rate that is not dependent on distance traveled).
Toll Revenues will be used to maintain the roads and also to repay investors who have invested in building or completing a road under the Highway Development Management Initiative.
Electronic Toll Collection and Management systems will be prioritized over Cash systems,” the statement reads in part.
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