The government plans to grant the company tax incentive to the Dangote group, which initially was pegged at five-year limit to a ten-year period. It has earlier approved contract for the Apapa area comprising Creek Road, Liverpool Road, Marine Beach to Mile 2, for construction using concrete.
On the plans road preservation and maintenance, he said: “Our first strategy is to preserve and prevent abuse to our roads, which are currently being subjected to excessive axle load pressure of overloading. We are working to install weighbridges at 22 points.”
The Chairman, Lafarge Africa Plc, Mobolaji Balogun noted that improvement in infrastructure attracts further domestic and foreign investment, which creates jobs, and jobs as well as better social outcomes in education, health and life’s expectancy.