BUA, MTN, Access Bank, 6 Others To Build 794km Road With Tax Credit

The Federal Government says about 794kms of road have been prioritised for construction by eligible companies through Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme.

The Minister of Information and Culture Alhaji Lai Mohammed disclosed this in Washington DC during his ongoing engagement with various global media outlets, global think tanks and influencers.

During his respective interaction with Reuters and Washington Post, the minister said, so far, 11 states covering all the six geopolitical zones would benefit from the road project scheme made possible by Executive Order No. 7.

He identified the companies that had taken the advantage of the initiative as Dangote Industries, Unilever, Julius Berger, MTN, BUA Group of Companies, Access Bank, Transcorp, Lafarge and GZI Industries.

Mohammed said the companies would engage in providing big roads and bridges in exchange for tax credit.

Speaking on the issue of repentant Boko Haram/ISWAP members, the minister described as “false and demoralising’’ the claim in certain quarters that the surrendered insurgents would be recruited into the Nigerian military.

“I personally spoke to the military authority before I left Nigeria and they said what they were doing is what the global practice dictates about soldiers that surrendered that should be treated as prisoners of war.

“You cannot just shoot them because there are international conventions that give rights also to prisoners of war

“What the military is doing is that, when they surrender, they profile them to ensure that they are genuine and reintegrate them into the society,’’ he said.

Lai Mohammed also claimed that from the 10 demands put forward to lift Twitter suspension, the microblogging and social networking platform has acceded to seven.

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