Africa’s richest man and business mogul, Alhaji Aliko Dangote, and five other top firms have signified interest to invest in Nigeria’s road projects following signing last weekend of Executive Order 007 by President Muhammadu Buhari.
The other firms that have consented to invest on roads in pilot scheme execution of Executive Order 007 are: Lafarge Africa Plc.; Unilever Nigeria Plc.; Flour Mills of Nigeria Plc.; Nigeria LNG Limited; and China Road and Bridge Corporation Nigeria Limited. Minister of Finance, Mrs. Zainab Ahmed is to head the 13-man scheme’s management committee.
The investors will be investing in 19 eligible road projects, totalling 794.4km, which have been prioritised in 11 states across each of the six geo-political zones: Construction of Ashaka-Bajoga Highway in Gombe State; reconstruction of Dikwa-Gambaru Ngala Road in Borno State; reconstruction of Bama- Banki Road in Borno State; rehabilitation of Sharada Road in Kano State; rehabilitation of Nnamdi Azikiwe Expressway/Bypass in Kaduna State; reconstruction of Birnin Gwari Expressway Road in Kaduna State; reconstruction of Birnin Gwari–Dansadau Road in Kaduna State; reconstruction of Makurdi- Yandev-Gboko Road in Benue State; reconstruction of Zone Roundabout- House of Assembly Road in Benue State. Others are: reconstruction of Obajana-Kabba Road in Kogi State; reconstruction of Ekuku-Idoma- Obehira Road in Kogi State; construction of Adavi Eba- Ikuehi-Obeiba-Obokore Road in Kogi State; rehabilitation of Lokoja-Ganaja Road in Kogi State; Ofeme Community Road Network and Bridges in Abia State; rehabilitation of Obele- Ilaro-Papalanto-Shagamu Road in Ogun State; reconstruction of Sokoto Road in Ogun State; reconstruction of Apapa-Oshodi-Oworonshoki- Ojota Road in Lagos State; construction of Bodo- Bonny Road and Bridges across Opobo Channel in Rivers State; and rehabilitation of Benin City – Asaba Road in Edo State.
“This list of eligible road projects is not exhaustive. Indeed, we are actively soliciting for more serious proposals from interested investors, state governments and other stakeholders who may wish to take advantage of this scheme to partner with the Federal Government in investing in roads. “Our intention is for there to be at least one significant eligible road project underway in every state of the federation within the first year of the operation of this scheme,” a statement by the Special Adviser (Media) to the Minister of Finance, Paul Ella Abechi, quoted Ahmed as saying.
Comments
