The Federal Government says about 794 kilometres of roads have been prioritised for construction by eligible companies through the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme.
The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this in Washington DC during his ongoing engagement with various global media outlets, global think tanks and influencers.
The News Agency of Nigeria (NAN) reports the engagement is to enable the minister to put across the correct narratives about what is happening in Nigeria, showcase government achievements and present challenges facing the country.
During his respective interaction with Reuters and Washington Post, the minister said, so far, 11 states covering all the six geopolitical zones would benefit from the road project scheme made possible by Executive Order No. 7.
He identified the companies that had taken the advantage of the initiative as Dangote Industries, Unilever, Julius Berger, MTN, BUA Group of Companies, Access Bank, Transcorp, Lafarge and GZI Industries.
Mohammed said the companies would engage in providing big roads and bridges in exchange for tax credit.
The completed 43km Obajana-Kabba road in Kogi, which is Nigeria’s longest concrete road, was constructed by Dangote through the tax credit scheme.
The minister also told the media outlets that the western world should look into helping developing nations like Nigeria in developing their infrastructure.
