The Federal Capital Territory Administration (FCTA) recently revived its ‘park and pay’ policy in August 2023, following an agreement with two concessionaires aimed at reducing city congestion and improving the motoring experience.
Originally suspended in April 2014 due to a court ruling that deemed the policy unlawful, the reintroduced system has faced scrutiny. At a recent interactive session, committee chairman Muktar Betara questioned the establishment and authorization of the new ‘park and pay’ arrangement, as well as the process of revenue remittance to the FCDA.
In response, Chinedum Elechi, mandate secretary of the transportation secretariat, defended the policy. He assured that it operates under a legal framework and is enforced in designated parking areas only. Elechi explained that the revenue from the policy is split between concessionaires and the FCT, with concessionaires receiving 60 percent and the FCT 40 percent. He emphasized that the revenue is directed into the FCT’s revenue account, not the transportation budget.
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