Tolls may return, Owerri-Onitsha, 11 highways set for concession

ads

Okechukwu Nnodim, Abuja

The Federal Government will on Friday (today) receive the Outline Business Case Certificate of Compliance for 12 pilot federal highways billed for concession.

The concession of the roads may also signify the return of toll gates as concessionaires will have to recoup their investments.

It was learnt from the Federal Ministry of Works and Housing in Abuja that the 12 roads were under the ministry’s Highway Development Management Initiative.

READ ALSO: MTN begins NIN enrollment in Lagos, Abuja, PH

Our correspondent gathered that the Infrastructure Concession Regulatory Commission would hand over the certificate to the ministry today at the FMWH headquarters in Abuja.

See also  FG plans N493.4bn revenue from national assets’ sale

It was further gathered that the 12 highways combined represent about 1,963km and less than 5.6 per cent of Nigeria’s 35,000km federal highway network.

The 12 routes of the pilot phase include Benin-Asaba, Abuja-Lokoja, Kano-Katsina, Onitsha-Owerri, Shagamu-Benin and Abuja-Keffi-Akwanga.

Others include Kano-Shuari and Potiskum-Damaturu, Lokoja-Benin, Enugu-Port Harcourt, Ilorin-Jebba, Lagos-Ota-Abeokuta, and Lagos-Badagry-Seme border.

See also  Air Peace resumes Accra flights March 15

A document on the objectives of the HDMI stated that the initiative would attract sustainable investment/funding in the development of road infrastructure.

It said the HDMI would maximise the use of assets along the right-of-way and develop other highway furniture.

YOU MAY ALSO LIKE: American lessons for a dithering Nigerian leadership

The HDMI, according to the ministry, targets to develop an ecosystem along the federal highway network by bringing multi-dimensional resources of skills, finance, technology and efficiency into national highway governance.

See also  Sunday Igboho must operate within the law —Tunde Bakare

It stated that the home-grown initiative would become the lasting solution to the development, management and maintenance of Nigeria’s 35,000km federal highways.

Copyright PUNCH.

All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

Contact: theeditor@punchng.com

ads