EXECUTIVE ORDER 007: 9 Companies To Build 19 Roads Across 11 States
You may recall that recently the president signed executive order 007 that will allow private companies to build road infrastructure.
Nine companies have positioned themselves to take advantage of the new rule.
The companies include: Dangote Group, the Nigeria Liquefied Natural Gas Limited (NLNG), Lafarge Africa Plc, Unilever Nigeria Plc, Flour Mills of Nigeria Plc, and China Road and Bridge Corporation Nigeria Limited etc.
They will build 19 roads, totaling 794.4km in 11 states across each of the six geopolitical zones of the country.
Following the executive order, the two-year-old Nigeria Industrial Policy and Competitiveness Advisory Council (Industrial Council) has chalked a landmark achievement in accelerating infrastructure development for economic growth.
Zainab Ahmed, the minister of finance, who listed the roads at the signing ceremony said the scheme is the outcome of efforts to think outside of the box and deploy new techniques to develop critical road infrastructure.
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