FEC approves NNPC’s request to construct 21 roads across 6 geo-political zones

FEC approves NNPC’s request to construct 21 roads across 6 geo-political zones

The federal executive council has approved a request of the Nigeria National petroleum corporation to deploy tax resources for the construction of twenty one roads across the country.

The federal government believes this will put an end to issues of financing road construction that often prolongs the execution of construction contracts in the country.

This is in accordance with executive order 7 road infrastructure tax credit scheme signed by president Buhari that allows private sector operators to identify infrastructure such as roads which they would construct using their tax…

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