We’ll sponsor road projects with N1tn – NNPC boss Kyari

The Chief Executive, Mele Kyari, has said that the Nigerian National Petroleum Company Limited will give additional sum of N1tn for road projects in Nigeria.

Kyari made this revelation in Lagos on while conducting an assessment tour on the exercise currently going on at the Agbara-Badagry road project.

He added that the N1tn would be provided for the road projects via the Federal Government road infrastructure tax credit scheme.

Kyari said: “We are very happy about the state of this road development. We are very happy with this intervention across the country not just in this place. We are doing 1,800km across the country. We are taking another set of over N1tn of investments in road infrastructure in the country.

“We believe that this tax credit system which Mr. President has put in place is the game changer for our country.

“We believe that in the next 24 months, there will be massive change to the entire road network in this country and this is why the NNPC is your company and working for all of us.

“We think that it is the best way to intervene and bring up our infrastructure. We are adding another set of cash, we have not reached the final numbers, but I know it is over N1tn.”

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