The sum of N621.2bn has been approved by the Federal Executive Council which the Nigerian National Petroleum Corporation will use for the reconstruction of 21 federal roads in the country.
This was disclosed by the Minister of Works and Housing, Babatunde Fashola, who briefed State House correspondents after Wednesday’s federal executive council meeting in Abuja.
The fund which will cover the 21 roads spread across the six geopolitical zones in the country was a strategic intervention under the Federal Government Road Infrastructure and Refreshment Tax Credit Scheme, Fashola said.
According to the Minister, nine of the selected projects were in North-Central, three in North-East, two in North-West, two in South-East, three in South-South, and two in South-West.
