The Federal Executive Council, on Wednesday, approved MTN’s takeover of the construction of the Enugu-Onitsha Expressway at over N202.8bn under the road Infrastructure Tax Credit Scheme. The Minister of Works and Housing, Babatunde Fashola, disclosed this to State House correspondents shortly after this week’s council meeting chaired by the President, Major General Muhammadu Buhari (retd.)
MTN begins paperwork to fund the 100km Enugu-Onitsha Road project
MTN begins paperwork to fund the 100km Enugu-Onitsha project. Jkcyno news gathered that Last year, N6bn Sukuk was released to Raynold’s construction company, RCC and N4bn to Arab Contractors for two sections, with several Kilometers covered so far. MTN is bringing N46bn under the Road Infrastructure Tax Credit (RITC) Scheme for completion. This newly adopted