The Federal Executive Council (FEC) on Thursday approved
the Road Trust Fund (RTF) towards facilitating and incentivizing
private sector involvement in the provision of Nigeria’s Federal road
infrastructure.....
The Minister of Finance, Kemi Adeosun, disclosed this to State House correspondences at the end of FEC meeting.
According to her, it is a form of Public Private
Partnership (PPP) that will accelerate the provision of Federal Roads by
allowing private sector operators to collectively fund road provision
in exchange for tax credits.
“This will complement Federal Government’s budgetary allocation to roads.” she said
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