Quite a number of development partners and transportation expert were of the opinion that congestion pricing minimise traffic congestion, improve the reliability of highway system performance, improve the quality of life for residents, and many of whom are experiencing intolerable traffic congestion across the country. The federal government of Nigeria renounced its commitment to the procurements of twelve federal highway roads to concession under Highway Development and Management Initiatives (HDMI) heralding the development of toll gates on Nigerian roads. The study aimed to review the reasons attributed to the abolition of the toll gate and the exemption of the Lekki toll gate in Lagos. The Lagos state government pioneered 30 years Lekki-Epe expressway toll road concession as a public-private partnership project (PPPP) to rehabilitate and upgrade two-lane routes to a three-lane highway strategic policy to reduce traffic congestion. The new policy introduces electronic toll collection (ETC) devices to replace manual toll booths. The study further examines the relationship between the toll manual method and electronic toll collection devices. The reasons for abolishment of toll gate includes non-remitting usage fee or funds generated into state and federation account, delay in a transaction of user’s balance, and vehicular queuing. The study revealed that the new electronic toll collection method is faster than the old toll booth system. The study revealed no statistically significant relationship between manual toll fee and electronic toll collection (ETC) method though it is based on pay as you pass (PAYPASS). This study would provide a level ground for all agencies involves in decision making and other professionals in transportation system on the merits and demerits of toll gate system in Nigeria.