Buhari Approves Formation Of Trillion Naira Company To Address Infrastructure Deficit channelstv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelstv.com Daily Mail and Mail on Sunday newspapers.
President Muhammadu Buhari has approved the establishment of a Public Private Partnership styled Infrastructure company named Infra-Co with an initial seed capital of N1 Trillion.
PMB approves formation of Trillion Naira Company to address infrastructure deficit nationalaccordnewspaper.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalaccordnewspaper.com Daily Mail and Mail on Sunday newspapers.
Buhari Okays Establishment of N1tn Infra-Co to Address Nigeria s Infrastructure Deficit thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
The Minister of Works and Housing, Mr. Babatunde Fashola, has said with the receipt of certificate of compliance, the federal government is now set to officially commence the procurement process for concessioning of 12 roads under the Highway Development and Management Initiative (HDMI).
The roads are Benin-Asaba (125km), Abuja-Lokoja (193km), Kano-Katsina (150km), Onitsha-Owerri-Aba (161km), Shagamu-Benin (258km), Abuja-Keffi-Akwanga (122km), Kano-Shuari (100km), Potiskum-Damaturu (96.24km), Lokoja-Benin (270km), Enugu-Port Harcourt (200km), Ilorin-Jebba (129km), Lagos-Otta-Abeokuta (80km), and Lagos-Badagry-Seme (79km).
Fashola noted that the initiative would facilitate further development of Nigeria’s federal highway network by attracting investment to improve efficiency and accountability in the maintenance of all assets within the Right of Way (RoW) on the highways.