Damgote formulary innitiatives on Nigerian roads

FG kicks off road for tax refund projects by Nduka Chiejina, Assistant Editor February 19, 2019 FacebookTwitterGoogle+PinterestLinkedInWhatsAppEmail The Federal Government has flagged-off its roads for tax-refund initiative with Dangote Construction handling a 16-kilometre Ofeme Community road network in Ohuhu in Umuahia North local Government, Abia State. The community road project which is expected to be delivered under the FG’s Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme enables private sector like Dangote, Unilever, NLBG and others to invest in road construction, making it possible to upgrade access roads to industrial and manufacturing clusters and reduce cost of transportation which results into reduction in the cost of food and other services, thereby curbing inflation. Speaking during the flag-off ceremony in Ofeme Abia state, the Minister of Industry, Trade and Investment, Dr. Okechukwu Enelemah, called on the people to give the contractor the needed cooperation to enable it complete the road project in record time of one year stated in the contractual agreement. Also speaking, the Federal Controller of Works, Abia State, Engr. Nwankwo Chuwudike, who represented the Minister of Power, Works and Housing, Raji Fashola, said “the road would not only enhance the standard of living of the Ofeme community, it would also lead to reduction in the cost of transportation and ultimately help in poverty reduction.” He called on the people of Ofeme to own the project while also “appealing to all road users, and the youths of this community to be supportive, patient and mindful of road diversions during construction, while we hold the contractors to their bond of timely and quality delivery of this service.” Federal Government recently resolved to continue with massive infrastructural development across the country under Executive Order #007 signed by President Muhammadu Buhari in January. Six private sector players will execute 19 road projects under the Executive Order 7. They are Dangote Industries Limited; Lafarge Africa Plc; Unilever Nigeria Plc; Flour Mills of Nigeria Plc; Nigeria LNG Limited; and China Road and Bridge Corporation Nigeria Limited. These Investors will be investing in 19 Eligible Road Pilot scheme projects, totalling 794.4km which have been prioritised in 11 States across each of the 6 Geo-Political Zones. The Minister of Finance Mrs Zainab Ahmed who chairs the Scheme’s management committee said that “Executive Order #007 of 2019 on the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme will incentivise private sector investment in Nigerian roads across key economic corridors and industrial clusters, relieving the Government of the burden of funding the initial outlays for these investments.” FacebookTwitterGoogle+PinterestLinkedInWhatsAppEmail Tags: Abia StateDangote ConstructionOkechukwu EnelemahRaji FasholaZainab Ahmed Do you get a good or bad response from your wife after making love? Discover a great natural solution that changed my story and put an end to weak/premature ejaculation, CLICK HERE TO READ MORE SHOCKING LIFE STORY!!! After 9 Years Of Suffering From Weak Erection & Premature Ejaculation, 43 Year Old Man Finally Discovers The Secret Solution That Mysteriously Jerk His Dead Manhood Back To Life,Increased His Penis To 8.5 Inches,And Now Last 32 Minutes During Sex.Click Here! THE REAL CURSE OF ERECTILE DYSFUNCTION , LOW LIBIDO AND TIREDNESS AS YOU GROW OLDER REVEALED !!! CLICK TO CORRECT IT TODAY BEFORE IT IS TOO LATE ADVERTISEMENT Previous Post Code of Conduct Bureau advises public officers to declare assets Next Post Breaking: Appeal Court sacks Balogun-Fulani’s Kwara APC executives Yobe Desert stars coach Elechi battling for life after accident 9:03 PM ‘Atiku practically confirmed PDP is working with INEC, says Oshiomhole 9:07 PM Redeem your credibility, Abubakar’s committee tells INEC 8:12 PM We’ll support Buhari on credible polls, says Ortom 8:02 PM Electoral materials intercepted in Zamfara 7:46 PM A’Ibom CUPP, IPAC, CNPP oppose moves to redeploy REC 7:39 PM Benue Police Command gets first female PRO 7:59 PM We won’t reduce petrol price – Bauchi IPMAN 7:19 PM We are ready for Saturday’s polls – Kano INEC 7:14 PM Borno, Yobe ready for Saturday’s polls – RECs 7:10 PM Polls Do you trust INEC to conduct free and fair elections? YES NO I DON'T KNOW Vote View Results Polls Archive Twitter Popular Business Politics City Beats Education Sports Agric Arts & Life Business Editorial Fashion Opinion Relationships Monday Sam Omatseye Soji Omotunde Emeka Omeihe Femi Macaulay Tuesday Olatunji Dare Olakunle Abimbola Sanya Oni Wednesday Dele Agekameh Tony Marinho Louis Odion Thursday Dapo Fafowora Gbenga Omotoso Banji Akintoye Jide Oluwajuyitan Jide Osuntokun Lawal Ogienagbon Friday Femi Abbas Korede Yishau Segun Gbadegesin Steve Osuji Olatunji Ololade Saturday Ade Ojeikere Dayo Sobowale Segun Ayobolu Victor Akande Yomi Odunuga UnderTow Sentry Sunday Tatalo Alamu Idowu Akinlotan Festus Eriye Tunji Adegboyega Biodun Jeyifo Ropo Sekoni Femi Orebe Lekan Otufodunrin Niyi Osundare Oyinkan Medubi Barometer Advert Rates News Columnists Politics Business Editorial Sports Health Entertainment Magazine Education Law Copyright © 2018, All Rights Reserved. Vintage Press Limited. Optimized by iNERD360 Search... Home About us News Politics Columnists Business Editorial Sports Health Entertainment Magazine Education Online Special Live updates Copyright © 2018, All Rights Reserved. Vintage Press Limited. Optimized by iNERD360 Translate »