FCTA Park $ Pay:House of Reps query 60% Revenue Share to Concessionaires

From Lateef Taiwo

The House of Representatives Committee has queried the renewed park and pay arrangement put in place by the Federal Capital Territory Administration,FCTA.

It would be recalled that the FCTA has reintroduced the park and pay policy into the nation’s capital in August, 2023, after signing an agreement with two concessionaires.

Reports say the policy is aimed at decongesting the metropolitan city as well as make motoring a more pleasant experience within the FCT.

Speaking on Wednesday during an interactive session, the FCT Mandate Secretary Chinedum Elechi informed that his mandates is to ensure good transportation arrangement in the city centre.

But the House of Representatives committee on federal capital territory stated that most residents and motorists in the nation’s capital are being harassed daily by those recruited to implement the policy in the territory.

Reports has confirmed that the policy was suspended in April 2014 after a high court judgement stopped the FCTA from collecting fees from residents for on-and-off the street parking within the

Speaking during the interactive session with some officials of the mandate secretariat, the Chairman, House Committee on FCT,Hon Muktar Betara requested for details on how the reintroduced park and pay arrangement was established, who authorised it as well as how remittances are made to the coffers of the FCDA.

In his response, the mandate secretary informed that the policy is regulated and supported by a legal framework and that only designated areas serve as parking zones in the territory.

“The park and pay is by regulation. We have legal framework. It is part of the ways of controlling traffic. So, under the park and pay, designated areas are meant to be parks. So, it is legal,” Elechi said.

“It is (revenue) paid through concessionaires. There is usually a ratio between the concessionaires and the FCT. So, for areas where we have the concessionaires, there is a percentage that goes to the concessionaires. It is 60 percent and 40 percent goes to FCT. The infrastructures for the work is usually provided by the concessionaire. It (revenue) goes straight to the revenue account of the FCT not transportation.”