Essential Ndubuisi
The Federal Government has approved a Federal Roads and Bridges Tolling Policy and Regulations, presidential aide, Tolu Ogunlesi has said.
According to Ogunlesi, who is a Special Assistant to the President on Digital and New Media, the government made the decision on Wednesday at a Federal Executive Council meeting in Abuja.
In a statement posted on his official Facebook page, he quoted the Minister of Works and Housing, Babatunde Fashola, to have said that the regulations were 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.
“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
“According to the Minister, it is important to stress that even with this policy now approved, tolling is not going to start immediately. He very clearly said that Tolling will not start “until the roads are motorable.” This policy is a necessary condition for the implementation of Tolling, and it is now for people to start getting familiar with it and for relevant stakeholders to start using it as a basis for their financial modeling and investment analysis, ahead of the eventual rollout of Toll Plazas.”
