The Federal Executive Council, has approved MTN’s takeover of the construction of the Enugu-Onitsha Expressway at over N202.8bn under the road Infrastructure Tax Credit Scheme.
The Minister of Works and Housing, Babatunde Fashola, disclosed this shortly after this week’s council meeting chaired by the President, Muhammadu Buhari at the Presidential Villa, Abuja.
According to Fashola, the approval followed Executive Order 7 signed by the President in January 2019.
This, he said, would enable the telecom giant to complete the dualisation of the 110-kilometer road.
Under the same scheme, the Council approved the Umuchi-Ususu-Umueme Road in Abia State for construction by GZ Industries at N4.2bn.
The road which is a 3.7km road is an access road to the Industry that manufactures aluminium cans for bottled drinks.