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Federal Government Approve Toll On Highways
Nearly two years after the Minister for Works and Housing Babatunde Fashola announced the re-introduction of toll plazas on federal roads, the Federal Government has now approved a toll payment plan across the country. The ministry revealed that the payment plan is part of a Federal Roads and Bridges Tolling Policy and Regulations approved by…
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FG Receives 75 Bids For 12 Roads Concession
No fewer than 75 firms have submitted bids to serve as concessionaires for 12 federal roads mapped out for concession by the Federal Government of Nigeria. Bid documents submitted by the companies as well as the names of the firms were officially announced at the headquarters of the Federal Ministry of Works and Housing in…
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FG To Open Bid For The Concession Of 13 Highways
The Federal Ministry of Works and Housing has commenced plans for the concession of no fewer than 12 federal highways to private entities to manage. This move would allow for regular and adequate maintenance of the road network across the federation as well as create 250,000 jobs and N1.34 trillion revenue in investments. The concession…