The Nigerian National Petroleum Company Limited, NNPC has released a cheque of 621.24 billion naira for the rehabilitation of 21 critical roads across the federation through the Tax Credit Scheme under the Executive Order Seven signed by President Muhammadu Buhari in 2019.

Minister of Works and Housing, Babatunde Fashola, in his remarks before the brief presentation in Abuja, explained that the tax scheme, inherited from the previous administration, was supposedly for a strategic partnership with the private sector.

Fashola, while restating that the current administration was deploying the model for the construction and rehabilitation of Kabba-Obajana Road in Kogi State and the Apapa-Oworonsoki Road in Lagos, pointed out that the project was open to all the members of the private sector.

He noted that for robust inclusion, the Federal Government had opened a window of opportunities for smaller companies to gain enough funding capacity. The Minister, who said some of the roads have subsisting contracts that are as high over 10 years old, pointed out that the NNPC was on top of the matter.