FG to Award 19 Road Projects on Tax Credit Scheme - THISDAYLIVE

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FG to Award 19 Road Projects on Tax Credit Scheme

Gboyega Akinsanmi

He disclosed this in a keynote address he delivered in Lagos yesterday at the Redeemer’s Men Fellowship Conference on the theme ‘Galvanized for Geometric Growth.’ Under the Investment Tax Credit Scheme, the vice president said 19 other road projects measuring about 800 kilometres “have been prioritised in 11 states across each of the six geo-political zones.”

“However, even while achieving this objective for the public sector, the Finance Act is calibrated to improve the ease of doing business in Nigeria and actively foster private sector growth.” Osinbajo said reforms by the federal government had over the past few years spurred progress and attracted investors’ interests across different sectors comprising agriculture, technology, tourism and entertainment, manufacturing amongst others.

“Using technology, Kobo360 has made it possible for providers of haulage services to find cargoes for their trailers on return journeys, in effect halving the cost of transporting goods.”

 

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