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FG Refunds States N860bn For Road Construction

FG Refunds States N860bn For Road Construction   The Federal Government has refunded N859.7bn to various state governments as reimbursement for out-of-pocket expenditures incurred in constructing federal roads over eight years. This was disclosed in a fact sheet highlighting achievements of the Buhari administration shared by the...

Ekiti Solicits AfDB’s Support For Road Construction, Others

Ekiti Solicits AfDB’s Support For Road Construction, Others   The Ekiti State government says the African Development Bank has expressed its readiness to provide technical and financial support to the state to upgrade its infrastructure, including fixing the Ado Ekiti-Akure Road, which is currently in a...

FG Offers Tax Incentives To investors For Road Construction

FG Offers Tax Incentives To investors For Road Construction   The Federal Government says it will grant tax incentives to private companies willing to fund the construction of major road projects in the six geo-political zones of the country. The Minister of Finance, Mrs Zainab Ahmed said...

Islamic Banking: FG Issues Another N100bn Sukuk For Road Construction, Infrastructure

Islamic Banking: FG Issues Another N100bn Sukuk For Road Construction, Infrastructure   The Federal Government has announced approval for the issuance of another tranche of N100 billion Sukuk bond for the construction of roads in Nigeria. This was disclosed at a Two-Day Training on Sukuk Structurisation and...