FEC APPROVED NNPC’S REQUEST TO SPEND ITS TAX CREDIT TO FIX FEDERAL ROADS

.. view the 21 roads in 6 geopolitical zones

 

Federal executive council (FEC) has approved N621.2 billion for the Nigerian National Petroleum Corporation (NNPC) to take over the reconstruction of 21 federal roads across the six geopolitical zones of the country.

Babatunde Fashola, minister of works and housing, disclosed after the FEC meeting presided by Vice-President Yemi Osinbajo on Wednesday.

The National Union of Petroleum and Natural Gas Workers (NUPENG) had decried the loss of its members and properties to dilapidated roads — but NNPC appealed to the union to shelve the planned strike and accepted to rebuild some roads. 

The approval, according to Fashola, was in line with Executive Order No. 007 of 2019 cited as the companies income tax (Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme) Order, 2019 (“EO7 of 2019” or “the Scheme”), signed by President Muhammadu Buhari.

He explained that the selected 21 roads are 1804.6 kilometres, and it was a strategic intervention under the Federal Government Road Infrastructure and Refreshment Tax Credit Scheme.

The minister further explained that Executive Order 7 allows the private sector to deploy in advance the taxes they would pay for infrastructure development.

He said nine of the selected projects are in north-central, three in north-east, two in north-west, two in south-east, three in south-south, and two in south-west. 

FULL LIST

NORTH-CENTRAL

Dualization of Ilorin-Jebba-Mokwa/ Bokani Junction road Section 1: Ilorin-Jebba, Kwara State C/NO. 6468. 110.8km

Dualization of Ilorin, Jebba-Mokwa/Bokani junction Road Section II: Jebba-Mokwa-Bokani junction in Kwara and Niger states. C/NO.6469. 46 km

Dualization of Suleja-Minna road, Niger state. C/O. 6077. 40km

Dualization of Suleja-Minna Road, Niger State PhaseII (Km 40+000-101+000) C/NO.6267. 61km

Reconstruction of Bida-Lambata Road, Niger state C/NO.6372. 125km

Agaie-Katcha-Baro Road, Niger State 52.3km

Emergency repairs of failed section of Mokwa-Makera-Tagina-Kaduna state border in Niger state. 164km

Minna-Zungeru minna-Zungeru-Tagina road, Niger state. 90km

Bida-Minna road, Niger state. 791.1km

 

NORTH-EAST

Rehabilitation of Cham-Numan section of Gombe-Yola road in Adamawa state. 46.35km

Construction of Bali-Serti road in Taraba state. 110km

Rehabilitation of Gombe-Biu road in Gombe/Borno state. 117km

 

NORTH-WEST

Rehabilitation of outstanding sections of Gada-Zaima-Zuru-Gamji road Phase II in Kebbi State 62km.

Rehabilitation of Zaria-Funtua-Gusau-Sokoto-Birnin Kebbi. 221.5km

 

SOUTH-EAST

Dualization of Aba-Ikot Ekpene road in Abia/Akwa Ibom states. 73km

Rehabilitation of Umuahia (Ikwuano)-Ikot Ekpene road: Umuahia-Umudike in Abia state. 49km

 

SOUTH-SOUTH

Rehabilitation of Odukpani-Itu-Ikot Ekpene road in Cross River state Section I: Odukpani-Itu Bridge Head in Cross River/Akwa Ibom states. 21.9km

Dualization of outstanding portion of Odukpani-Itu-Ikot Ekpene: lot 2. 32km

Dualization of Oku-Iboku Power Plant Section of the Odukpani-Itu-Ikot-Ekpene road in Cross River/Akwa Ibom state. 28km

 

SOUTH-WEST

Rehabilitation and expansion of Lagos-Badagry Expressway (Agbara Junction-Nigeria/Benin border) in Lagos State. 62km

Dualization of Ibadan-Ilorin road (Route A2) Section II in Oyo State (Oyo-Ogbomosho). 52km.

The Cable

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