Do the tarriffs to be paid on the roads have elasticity of time? Do they apply to greenfield roads
The present toll rates are the start-up tolls which are applicable to green field projects. They could be reviewed in line with future dynamics of traffic. Furthermore, toll tariffs can be adjusted based on economic realities in line with the guidelines provided in the Tolling Policy, which will involve wide stakeholder consultations and willingness to pay survey. The power vested on the Honourable Minister of Works under the Federal Highway Act to toll Federal roads could be invoked for periodic review of the rates as when necessary