FG Planning Return Of Toll Gates To Pay Off N336Billion Debt - Fashola

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The federal minister of works and transport, Babatunde Fashola has hinted on the return of toll gates to the Nigerian roads in the nearest future.

He made this assertion on Arise TV while answering questions on the level of work done on some of the roads being constructed by the FG.

According to the former Lagos governor and works minister, he made some revelations on the amount owed contractors who are currently working on the federal roads at the moment.

He said the contractors who are currently working on Nigerian roads were being owed N336billion naira.

This staggering sum is the amount of construction done in about 44 roads.

The minister explained that the Sukuk bond of N162 Billion was currently used for road construction at the moment and it was not enough to carry all the roads on the list.

Totaling the whole amount to be paid added up to N336billion and out of the amount, only N27billion payment had been approved by the finance ministry.

Added to that, FERMA had also indicated interest to start repair work in about 192 roads and the payment for that was also included in the monies to be spent by the ministry which was not enough.

The minister stressed that the only way to offset the debt and still have more money to continue the repairs was if a re-introduction of the toll gates was put into effect.

Recall the toll gates on major Nigerian roads were removed by fmr president Olusegun Obasanjo and even when the Buhari government planned to reintroduce it last year October, the move was stepped down as being anti-people.

While the works minister has brought it up again, it is pertinent to ask what all the loans have been used for and why the people have to suffer for this avoidable policy.

Kindly drop your thoughts on the new tollgate return.

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