FG says Lagos-Badagry expressway gets N15b NNPC tax credit fund

The Federal Government has said that the Agbara-Seme border section of the Lagos-Badagry expressway is set to receive N15 billion of the NNPC tax credit fund.

According to NAN, this was made known by the Federal Controller of Works in Lagos, Olukayode Popoola, who said on Sunday that the intervention funding would fast track the ongoing reconstruction of the road.

Popoola in his statement said, “NNPC fund that is coming is about N15 billion. It will be used for the section where CGC is working between Agbara to Seme border. The contractor have never moved out of site, they are on site and are working as we are talking.’’

He, however, could not confirm whether the N15 billion NNPC Tax Credit fund had been released, saying that funding issues are handled by the accountants. (Nairametrics)

Exit mobile version