MTN To Takeover Construction Of Enugu-Onitsha Road
The Federal Executive Council, FEC, has ratified MTN’s takeover of the construction of the Enugu-Onitsha Expressway.
The takeover is part of the road Infrastructure Tax Credit Scheme.
Babatunde Fashola, the Minister of Works and Housing, stated to State House correspondents after this week’s council meeting president by President Muhammadu Buhari, at the Presidential Villa, Abuja.
Fashola said the approval followed Executive Order 7 signed by the President in January 2019.
He said the arrangement will allow the MTN to complete the dualization of the 110-kilometre road.
The minister added that the Federal Government also approved the construction of the Umuchi-Ususu-Umueme road in Abia State for construction by GZ Industrial at N4.2bn under the same scheme.
Fashola sa...