FG approves Road Trust Fund FG approves Road Trust Fund
The Federal Executive Council (FEC) on Thursday approved the Road Trust Fund (RTF) towards facilitating and incentivising private sector involvement in the provision of Nigeria’s Federal... FG approves Road Trust Fund
The Federal Executive Council (FEC) on Thursday approved the Road Trust Fund (RTF) towards facilitating and incentivising private sector involvement in the provision of Nigeria’s Federal road infrastructure.
The Minister of Finance, Kemi Adeosun, disclosed this to State House correspondences at the end of FEC meeting.
According to her, it is a form of Public Private Partnership (PPP) that will accelerate the provision of Federal Roads by allowing private sector operators to collectively fund road provision in exchange for tax credits.
“This will complement Federal Government’s budgetary allocation to roads.” she said

Nurudeen Adegbenro