Road Construction: Under the Nigerian National Petroleum Corporation Limited (NNPCL) Tax Credit Plan, the Federal Executive Council allocated N1.535 trillion for the building and repair of eleven roads throughout the nation.
The money, according to Babatunde Fashola, minister of Works and Housing, will be used to build nearly 700km of important highways in Nigeria.
The second term of President Muhammadu Buhari ends in just 40 days from now.
The highways, which Fashola said would soon be finished, will connect 11 states.
He highlighted the states that will benefit, among them Edo, Delta, Kano, Kaduna, Borno, and Adamawa.
The building and restoration of 11 highways totaling 737.242 kilometers in the amount of N1, 535, 154, 247, and 234.48 were approved by the Council as part of phase II of the NNPC tax credit scheme.
“Recall that the council approved a letter in January of this year directing the NNPC to spend N1.9 trillion on our roads. The remaining roads that remained to go through procurement between then and now are the 11 that the council has recently approved, according to Fashola. At the time, 44 construction had been awarded.