The federal government has approved the Federal Roads and Bridges Tolling Policy and Regulations.
The Federal Executive Council (FEC) gave the approval at the weekly meeting on Wednesday in Abuja.
The endorsement signals the reintroduction of toll gates on federal roads across Nigeria.
Works and Housing Minister, Babatunde Fashola gave a breakdown of the rates while briefing reporters.
Fashola revealed that bicycles, pedal cycles, tricycles, motorcycles, and other two or three-wheeled transport are exempted.
Others to benefit from the exemption are diplomatic vehicles, military and paramilitary vehicles.
Vehicles expected to pay have been classified into five categories.
First: cars, second: SUVs, third: private buses, fourth: commercial buses, fifth: luxury buses and trucks.
Cars will pay N200; SUVs and Jeeps N300; private buses N300; commercial buses N150; luxury buses and trucks N500.
Fashola recalled that a Willingness-To-Pay Survey was carried out before the pricing framework.
He said toll payment will not start now, adding that the government presented the policy to help people, states, local governments, road managers and investors have an idea of the initiative.
The toll collection will commence once the roads are motorable and will affect only federal dual carriage roads.