Buhari signs executive order permitting private sector to build roads
25 January 2019 |
3:43 pm
Nigeria president Muhammadu Buhari on Friday signed an executive order allowing the private sector to build federal government roads in the country. The Executive Order 007 2019, signed by Buhari, is on Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme. The new order will allow private companies to construct major roads across the country…
Nigeria president Muhammadu Buhari on Friday signed an executive order allowing the private sector to build federal government roads in the country.
The Executive Order 007 2019, signed by Buhari, is on Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme.
The new order will allow private companies to construct major roads across the country and be paid in the form of tax credit.
Details later.
Related
6 mins ago
As the whereabouts of former Kogi State governor, Yahaya Bello, remain unknown a week after he was declared wanted by the Economic and Financial Crimes Commission (EFCC) and placed on a watch-list by the Nigeria Immigration Service (NIS)
22 mins ago
President Bola Tinubu and President of the Senate, Godswill Akpabio, have promised to give fresh direction to the justice sector in the country through a holistic overhaul.
23 mins ago
Governor Babagana Zulum of Borno State has urged the Army to establish military formations in Sambisa Forest and the Mandara Hills, bordering Cameroon and Chad in the North East, to counter terrorism in the areas.
23 mins ago
Presidential candidate of the Labour Party (LP) in the 2023 general election, Peter Obi, has challenged privileged Nigerians to help in tackling water scarcity and provide Almajiri children access to Western education.
25 mins ago
The probe instituted by the Kaduna State House of Assembly against former Governor Nasir el-Rufai has begun, as the lawmakers directed the Ministry of Finance to supply documents relating to financial transactions between May 29, 2015 and 2023.
26 mins ago
A joint committee of the House of Representatives has summoned the Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, to appear before it on May 8 over a probe on environmental degradation caused by the activities of oil companies in oil-producing communities.
27 mins ago
Oyo State Governor, Seyi Makinde, yesterday, said his successor in 2027 from the People's Democratic Party (PDP) must be between the age bracket of 50 and 52 years of age.
29 mins ago
Worried by challenges confronting developing countries, United Nations has called for Sustainable Development Goals (SDGs) stimulus of at least $500 billion yearly to scale-up affordable long-term financing for countries, alongside series of structural reforms to institutions and rules that make up the international financial architecture.
29 mins ago
President Bola Tinubu has approved the take-off of the first phase of the Consumer Credit Scheme, commencing with civil servants.
32 mins ago
National oil companies in Africa, financiers and global players, yesterday in Cape Town, South Africa moved to unlock barriers to existing oil and gas projects across the continent amid a $1.5 trillion investment portfolio.
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
0 Comments
We will review and take appropriate action.