President Bola Tinubu has given the green light for the funding of a significant infrastructure project, the 30km dualization of three sections of the Benin-Lokoja Highway, to be undertaken by BUA Group under the tax credit scheme. This announcement was made by the Minister of Works, David Umahi, during a meeting with contractors and stakeholders involved in the project.
According to a statement on the Ministry’s website, “Mr. President has approved that BUA Group should do 30km of the road in 3 locations multiplied by 2, that is 60km on Tax Credit.” The Ministry had already adjusted the pavement texture to meet new standards for durability and quality before the President approved BUA Group’s proposal.
Umahi further explained that after personally inspecting the road in September and being satisfied with the preliminary work, he endorsed the changes to use concrete for the new carriageway while retaining asphalt for the existing one. This led to the approval from the Federal Executive Council and an upcoming contract addendum.