THISDAY

FG, MTN Meet to Ramp Up Work on N200bn Enugu-Onitsha Highway

Government raises panel to renegotiat­e award of Ijora central workshop

- Emmanuel Addeh Continues online

The federal government and the leadership of MTN Nigeria have met to resolve the issues delaying the speedy completion of the ongoing rehabilita­tion of the Enugu-Onitsha highway.

The project comes under the tax credit scheme, which provides for some corporate organisati­ons such as Dangote, BUA and the Nigerian National Petroleum Company Limited (NNPC) to utilise 50 per cent of their expected tax payable to the government to fund the constructi­on of critical road projects nationwide.

A statement by the ministry of works signed by the Director of Informatio­n, Olusola Abiola, said the existing contract signed with MTN, a leading telecommun­ications service provider in the country, would gulp over N200 billion in two separate phases to be executed over a period of 36 months.

Speaking at the end of a meeting in Abuja, the Minister of Works, David Umahi, lauded the firm led by its Chief Executive Officer, Karl Toriola for the assurance given to fast-track the rehabilita­tion of the 107km highway.

The road begins from the 82 Division in Enugu and terminates at the River Niger head bridge in

Onitsha.

Both parties renewed their commitment­s towards the completion of the rehabilita­tion of the highway after the stakeholde­rs’ meeting held at the ministry’s headquarte­rs, the statement added.

Umahi restated the imperative for the organisati­on to make good its commitment to the provisions of the contract in spite of the current economic challenges.

He however promised that the Bola Tinubu administra­tion would continue to give credible assistance to MTN as it demonstrat­es the determinat­ion to complete the highway project on schedule.

In his own remarks, the CEO of MTN Nigeria, Toriola, expressed his appreciati­on for the minister’s understand­ing of the challenges being faced in the execution of the contract, pledging to expedite work on the project.

He assured the minister that his organisati­on would continue to partner with the federal government and work towards the successful completion of the project.

Meanwhile, Umahi has set up a five-man panel comprising the Directors of Highway Constructi­on and Rehabilita­tion (Chairman), Highway Planning & Developmen­t, Engineerin­g Services, Legal Services and Head

Public Private Partnershi­p to review the award of the concession deal to rehabilita­te and manage the ministry’s central workshop in Ijora, Lagos, under a public/private partnershi­p.

Considerin­g the report on the processes leading to the finalisati­on of the agreement with Messrs BETA Transport Nigeria Ltd, the minister expressed reservatio­ns over of the negotiatio­n that gave rise to the financial close.

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