Site Login

Lost your password? (close)


Welcome, Guest: Join SILIVALLY / / Advertise / Privacy / Recent / Terms and Conditions / News
Stats: 11 members, 6570 topics. Date: Tuesday, 21st March 2023 at


FG Plans Tolling On 12 Highways

SILIVALLY / / FG Plans Tolling On 12 Highways (11 Views)

(0) (Reply)

FG Plans Tolling On 12 Highways by : 4:35 am On March 18, 2022
FG Plans Tolling On 12 Highways 
In its bid to ensure the regular maintenance of its road network across Nigeria, the Federal Ministry of Works and Housing plans to concession no fewer than 12 federal highways to private entities to manage.

The arrangement would enable the private companies to introduce toll gates on the 12 highways and collect revenue which they would use and regularly maintain such roads.
This information is contained in a document, which Vanguard obtained, yesterday, from the Federal Ministry of Works and Housing in Abuja.

The 12 highways to be concessioned under the Ministry’s “Highway Management Development Initiative”, HMDI, are: [/b]Benin-Asaba, Abuja-Lokoja, Kano-Katsina, Onitsha-Owerri, Shagamu-Benin and Abuja-Keffi-Akwanga.

Kano-Shuari, Potiskum-Damaturu, Lokoja-Benin, Enugu-Port Harcourt, Ilorin-Jebba, Lagos-Ota-Abeokuta and Lagos-Badagry-Seme Border.[b]

The roads, according to the ministry, come under the pilot phase of the HDMI to be managed by selected private sector investors under its Value-Added Concession, VAC, arrangement.

The 12 highways according to the document reviewed by Vanguard represent merely 5.6 percent or 1,963 kilometres of the country’s 35,000 km federal highway network.

The document estimates that not less than N1.34 trillion of private sector investment would flow into the highways while no fewer than 50,000 direct jobs and 200,000 indirect jobs would be created by the concessioning of the highways to the private operators

“It’s not really about revenue; it is about the expected injection into the economy. The estimated private sector investment required for the development and maintenance of the 12 routes is N1.34 trillion and the impact such investment will have on the economy cannot be overstated.


(0) (Reply)

IGP EMBARKS ON SPECIAL MONITORING / RENO OMOKRI VIEWS ON 2023 ELECTION / Tribalism Hidden In The Foundations Of Our Country Have Come Out / Northern Cyprus Police Arrest Over 50 Nigerians / Chude (Cyber Crime)an Obidient Who Has Contributed Alot to the Labour Party /  

(Go Up)

Put your Text Adverts Here...

Sections: Featured Posts on Front Page (6569) Uncategorized (2)

Links: (0) (1) (2) (3) (4) (5) (6) (7) (8) (9)

SILIVALLY - Copyright © 2019 - SILIVALLY. All rights reserved. See How To Advertise.
Disclaimer: Every member is solely responsible for anything that he/she posts or uploads here.