The Federal Government has unveiled plans to implement a cashless tolling system on the Abuja-Keffi Expressway and the dualized Keffi-Akwanga-Makurdi road.
This initiative, under the Highway Development and Management Initiative (HDMI), aims to foster sustainable infrastructure development, attract private sector investment, and enhance the nation’s transportation network.
The announcement was made during the inauguration of an implementation committee by the Minister of Works, David Umahi, at the Ministry’s headquarters in Abuja on October 17, 2024, as contained in a statement on the official website of the ministry.
“As part of measures of the Renewed Hope administration to revolutionize road infrastructure development and stimulate economic growth, the Honourable Minister of Works, His Excellency, Sen. Engr. Nweze David Umahi CON has inaugurated a committee on the implementation of Cashless Tolling System for Abuja-Keffi Expressway and Dualization of Keffi-Akwanga-Markurdi road,” the statement read in part.
The Minister of Works explained that the initiative will utilize toll revenues to repay the loans secured for the project, which was executed under an Engineering, Procurement, Construction, and Financing (EPC+F) arrangement.
