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Home»National

Federal Government To Install Toll Points On Abuja-Keffi-Makurdi Road To Repay Chinese Loan

Adejuyigbe FrancisBy Adejuyigbe FrancisOctober 30, 2024 National No Comments1 Min Read
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Federal Government To Install Toll Points On Abuja-Keffi-Makurdi Road To Repay Chinese Loan.

The Nigerian government has announced plans to establish four toll points along the Abuja-Keffi-Makurdi Road as part of its strategy to repay a $460.8 million loan from China. This toll initiative, set up by the Federal Ministry of Works, aims to generate revenue for loan repayment, part of ongoing infrastructural development financed by foreign credit.

The Abuja-Keffi-Makurdi Road is a critical corridor linking the nation’s capital to various regions, and toll collection is expected to cover loan payments over several years. Officials highlight that the revenue from tolls will also support road maintenance, ensuring the highway remains in good condition for daily commuters and commercial traffic.

The move is part of a broader federal strategy to establish tolls across major roads to sustain infrastructure investments, reduce government borrowing, and ensure long-term maintenance of critical routes.





Federal government Nigeria Road Infrastructure Toll Gate
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