The House of Representatives Committee on Federal Capital Territory (FCT) has raised concerns about the Federal Capital Territory Administration (FCTA)’s ‘park and pay’ policy, demanding clarification on its implementation and financial arrangements.
The policy, which was reintroduced in August 2023 after an agreement with two concessionaires, aims to alleviate city congestion and enhance the driving experience. However, it had previously been suspended in April 2014 due to a high court ruling that deemed it unlawful.
During a recent interactive session, committee chairman Muktar Betara sought detailed information on the policy’s reestablishment, its authorization process, and the revenue distribution to the FCDA.
In his response, Chinedum Elechi, mandate secretary for the transportation secretariat, defended the policy. He stated that the system is legally regulated and applies only to designated parking zones. Elechi explained that revenue collected is shared between the concessionaires and the FCT, with 60 percent going to the concessionaires and 40 percent to the FCT. The revenue is directed to the FCT’s revenue account, not the transportation budget.
News Editor