Mon. Sep 27th, 2021

FG has approved the sum of 309.9 billion naira for road contracts to Dangote Group.

The Federal Executive Council has approved the sum of three hundred and nine point nine billion naira for road contracts which will be handled by the Dangote Group.

The Minister of Works and Housing, Babatunde Fashola who disclosed this to newsmen after the Council meeting yesterday, said that five road projects totaling two hundred and seventy-four point nine kilometers of Federal road under the Federal Government Road Infrastructure Tax credit Policy will be advanced by the Dangote Industries as tax credit.

He explained that the move is also part of the Government’s multiple funding options with the private sector.

Leave a Reply

Your email address will not be published. Required fields are marked *