ROAD INFRASTRUCTURE TAX CREDIT SCHEME: MTN TO CONSTRUCT ENUGU-ONITSHA EXPRESSWAY FOR N202.8 BILLION

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, Muhammadu Buhari at the Presidential Villa, Abuja. According to Fashola, the approval followed Executive Order 7 signed by the President in January 2019. This, he said, would enable the telecom giant to complete the dualisation of the 110-kilometer road. Under…

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