Tax Credit: NNPC says N621 billion spent on 21 roads; to inject N1 trillion in second phase

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In 2019, President Muhammad Buhari signed executive order No. 7 on the road infrastructure development and refurbishment...

on Thursday said it will fix more federal roads across the country with an additional N1 trillion under the federal government road infrastructure tax credit scheme., disclosed this during an inspection tour of the ongoing construction of the Bida-Lambata road in Niger State on Thursday.

NNPC said it collaborated with the Federal Ministry of Works and Housing and Federal Inland Revenue Service to fund the reconstruction of 21 roads across the country at N621.24 billion to ease transportation of petroleum products marketers. “I would like to thank the chairman of FIRS for allowing us to participate in this process enabling us to invest up to N621 billion at the first space of road intervention across the country in 21 federal roads totalling over 1, 800 kilometres.

“We believe that through this intervention we bring change to our country, bring infrastructure close to our people and also enable the utilization of tax revenue appropriately in a manner that will benefit every one of us in the country.

 

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NNPC building roads? Hmm e never clear.

Where are the roads?

Buahri and his Fulani embezzlement gang....

Roads that are still not motorable If not why is there apathy by the ruling class to drive through the roads they have constructed?

Is NNPC now ferma? Are monies not meant to put into single treasury account? What's happening in this country?

Which roads. This is Misappropriation.

Where are the roads?

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