News
FG to toll Lagos-Ibadan expressway, others – Minister of Works, David Umahi
Minister of Works, David Umahi, has said that the Federal Government will toll all major roads in the country upon completion of construction and renovation.
He listed some of the roads as Lagos-Ibadan Expressway, Second Niger Bridge, Abuja-Kano Road, and Makurdi-9th Mile, among others.
Umahi, who disclosed this, yesterday, in Abuja during an inter-ministerial media briefing said: “We have the Lagos-Ibadan (Expressway). We are completing it and we are tolling it.”
ALSO READ: US First Lady Jill Biden bids farewell to visiting First Ladies at UNGA
The former Ebonyi State governor and senator noted that the tolling of federal roads “is going to bring a lot of money to the FG.” According to him, private sector members have been engaged to bring in funds, construct these roads, and work with the Infrastructure Concession Regulatory Commission and the Ministry of Works to toll the roads.
He said the government would start with the Keffi-Makurdi Road that had been completed, stating that his ministry has been engaging with the Ministry of Finance for a paperless mode of payment.
-
Business5 days agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
Business6 days agoNigeria Business Outlook: Dangote IPO, markets, inflation and naira in focus this week
-
Business6 days agoDangote IPO rush crashes Bamboo login as investors flood platform
-
Business4 days agoDangote: Petrol price gap fuels smuggling as Nigeria faces fresh pump price surge
-
Latest1 week agoHamzat meets Pastor Chris Oyakhilome, hails Christ Embassy’s community impact
-
Business4 days agoTinubu’s economic reforms face public confidence test as cost-of-living crisis persists
-
Business6 days agoAugust inflation faces upward pressure despite disinflation trend – Analysts
-
Business6 days agoHigh fuel, low wages: The economic toll of Nigeria’s post-subsidy era