Voice Air Media, VAM News Update
The Federal Government has said it plans to institute a toll fee of N3,000 for vehicles that would be plying the Lagos-Calabar coastal road upon completion.
Minister of Works, David Umahi, made this disclosure on ‘Morning Brief,’ a Channels Television programme, on Thursday.
He said: “In fact, this section one which is the most viable economically, I estimated that you have about 50,000 vehicles per day and you pay average of N3,000 and you have two points within this 47km, you will net off the cost of this project within 15 years.
“I put N3,000 as an average cost; N3,000 because the cars could be like N1,500 and the big trucks could be like N5,000. So, we put an average,” he said.
The minister added that there would be security at the toll gates as well as facilities like filling stations and parking lots.
“At every point of tolling, we also have toll station where we have relief activities; the restaurants, filling stations, parking lots and so on and so forth.
“So, people will now have confidence. In these sections, we intend to put CCTV all through,” he said.
Umahi noted that despite the skyrocketing cost of materials in the construction industry caused by inflation and supply chain disruptions, President Bola Tinubu’s administration is committed to prudence, cost-effectiveness, speedy and quality delivery of road projects.
The minister’s disclosure comes days after Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar criticised the administration of Tinubu over the project.
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