The minister of Works, Mr. Mike Onolememen has said the federal government will re-introduce toll gates and weigh bridges to roads.
The minister made the disclosure at a News Agency of Nigeria (NAN) forum in Abuja yesterday, stating that the tolls would only be applied to roads constructed with private sector funds, as the federal government sees a need for private sector funding in road development.
Onolememen added that government has adopted a new paradigm for funding road development in Nigeria, which included off-budget sources such as funding from multilateral agencies through concessional loans and public/private partnership schemes.
“What that means is that if you are going to source private sector funds to apply in road development project,” he explained, “it is inevitable that you have to toll such projects in order for the investment to be recouped”.
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