• Wednesday, April 24, 2024
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BusinessDay

Infrastructure deficits: FG to return tollgates

toll gates

Federal government on Wednesday said plans are on to return tollgates, as part of plans to encourage private sector participation in the development of basic infrastructures in the country.

Minister of Works and Housing, Babatunde Fashola, disclosed this while briefing State House Correspondents after the weekly Federal Executive Council FEC meeting presided over by President Muhammmadu Buhari at the Presidential Villa, Abuja.

“ We have concluded their designs, what we are looking at is how the back end runs. We want to limit cash at the plazas and ensure that the tollgates do not reduce the free flow of traffic at the toll gates

He announced that the new toll gates will be ten-lane plaza to enhance free flow of traffic

The Federal government had in 2004 ordered the demolition of the 31 toll plazas, which were constructed at an average cost of N1 million naira each.

Although the cost of the new tollgates are yet to be made public, the government had spent about N360 million to demolish the 31 toll gates

“We are being very deliberate and methodical in our new approach. Government can also toll, not just the private sector only.

Details later…