Rivers Report Hub

  • NEWS
  • BUSINESS
  • POLITICS
  • SPORTS
Rivers Report Hub
BUSINESS

FG Approves Funding for 30km Portion of Benin-Lokoja Road Through Tax Credit

Share

Emmanuel Addeh in Abuja

The federal government in a bid to provide accelerated intervention on the critical sections of the  Benin- Lokoja highway,  has approved  the immediate funding of 30 kilometres ‘dualisation’ of  three  sections of the  road, to be funded under Tax Credit  Scheme by BUA Group.

Minister of Works, David Umahi, made this known during  a meeting  with all the contractors  handling  the highway as well as some stakeholders from the  area, a statement from his spokesman, Uchenna Orji, said.

Umahi said that  the ministry  took some steps  to review  the texture  of the pavement of the project to conform to the innovation introduced  by the current administration to ensure  best  standards  and durability.

 “Mr. President has approved that BUA Group should do 30km of the road in three locations multiplied by two, that is 60km on tax credit,” he said.

The minister said the intervention was targeted  at the critical  sections  of the road as already  isolated when he last visited the  Benin- Lokoja road.

Speaking on behalf of the people  of the area, the Senator representing Edo North Senatorial District and Chairman, Senate  Committee  on Interior, Adams Oshiomhole, expressed delight in the project.

On his part, the Group Executive Director of BUA Group, Kabiru Rabiu, assured of the commitment of the company in delivering the project within record time.

Share
previous post
SWOFON Blames Insecurity for Low Crop Yields, Food Inflation
next post
NEPC, NAFDAC Trains Non-oil Exporters to Checkmate Rejection of Agro Produce

Related posts

The Alternative Bank, TK Tech Africa Collaborate on $500m Digital Sukuk

RiversReportHubMarch 29, 2024

Echoes from Nigeria’s Aggressive Monetary Policy Tightening

RiversReportHubMarch 25, 2024

Akinjo: Government Needs to Prioritise Development Efficient Ecosystem that Supports Infrastructure Financing

RiversReportHubMarch 27, 2024

TRENDING

NDYC Condemns Media Campaign Against Defence Minister

author2December 16, 2025

Ohanaeze Accuses Terror Financiers of Engineering Student Protests

author2December 16, 2025

NSCI Appeals for Calm as Political Pressure Mounts on Defence Minister

author2December 13, 2025

Northern Stakeholders Unite Behind Mahmood Yakubu

author2December 5, 2025December 5, 2025

NDYC: Public Service Should Not Be Held Hostage by Political Losers

author2December 3, 2025
@2024 - RiversReportHub Media. All Rights Reserved.
  • NEWS
  • BUSINESS
  • POLITICS
  • SPORTS