The Minister of Works and Housing, Babatunde Fashola has announced the approval of the Federal Roads and Bridges Tolling Policy and Regulations.
The minister disclosed this at a media briefing on Wednesday, August 11, 2021, at the end of the weekly virtual Federal Executive Council (FEC) meeting at the State House, Abuja.
According to a statement by the presidential aide, Tolu Ogunlesi, the tolling system will prioritise the use of technology.
He also noted that Fashola disclosed the tollgate policy 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.
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.
“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.