Top Tweets for #ExecOrder7
#ExecOrder7 explainer from BRF:
MTN Nigeria Plc to take over and complete the ongoing 110km dualized Enugu - Onitsha Expressway under the Road Infrastructure Tax Credit Scheme. #FECBrief
One of PMB’s most significant #infrastructure policies is #ExecOrder7 (led by BRF as Min of Works).
PBAT has faithfully carried on with it.
A gamechanger, unlocking trillions of Naira in fast-tracked capital for road devpt across Nigeria.
See #ExecOrder7 for backstory
President Tinubu Orders Continuation of Funding for Road Projects under NNPCL Tax Credit Scheme https://t.co/iz2EjmCI4v #9janews #tv360nigeria #deji360
UPDATE:
This 54km concrete road has now been completed and will be commissioned by President @officialABAT this week.
Financed under #ExecOrder7
DID YOU KNOW: In July 2021 @NigeriaGov approved the award of the Road Infrastructure Tax Credit Scheme (EO7) to Dangote Group for the construction of a 54km Access Road linking the new Lekki Deep Sea Port to Sagamu-Benin Expressway, through Epe.
#infrastructure #InvestNigeria
For more on this RITC, birthed by an Executive Order signed by @MBuhari in 2019, check out this hashtag: #ExecOrder7
#Infrastructure
An update of a section of the Lokoja - Benin Highway construction project fully financed by BUA Group - under the Federal Government's Road Infrastructure Tax Credit Scheme (RITC).
#BUAGroup #UnlockingOpportunities #SocialImpact #CommunityDevelopment
How it started How it’s going
#ExecOrder7
UPDATE:
(#ExecOrder7 is one of @MBuhari’s most important infrastructure legacies. Tax credits to private companies in exchange for upfront financing of the fixing of major roads and highways. In this case, @MTNNG was the beneficiary/awardee)
MTN Nigeria Plc to take over and complete the ongoing 110km dualized Enugu - Onitsha Expressway under the Road Infrastructure Tax Credit Scheme. #FECBrief
“Policy, more than budget, has been the biggest source of capital mobilization for #infrastructure in recent times… Policy initiatives such as the Tax Credit Scheme initiated by #ExecOrder7 of 2019 have over time started to yield results. Companies like @nigeriaLNG, @DangoteGroup, @MTNNG, GZ Industries, @BUAgroup and @nnpclimited are embracing it to mobilize capital for construction.” — @tundefashola (Nov 30, 2023)
I warmly received the @BUAgroup Executive Director, Alh. Kabiru Rabiu, at the Katsina State Government House.
He was in Katsina to discuss the 132 kms Kano-Kongollam dual carriageway worth N115b connecting the three states of Kano, Jigawa, and Katsina States. The project is being financed by the BUA Group under the Federal Government Road Infrastructure Tax Credit policy.
On our part as government, I assured the group our support to recover its right of way to ensure timely delivery of the project.
BRF: “Policy, more than budget, has been the biggest source of capital mobilization for infrastructure in recent times.”
Highlights signature @MBuhari Admin initiatives like:
#SukukBond
#ExecOrder7
#PIDFund
#HDMIng
Mobilizing TRILLIONS of Naira for Road Infra:
This Road Infrastructure Tax Credit Scheme aka #ExecOrder7 has been a real gamechanger for federal roads in Nigeria. Executive Order implementing it signed by @MBuhari in 2019. Now featuring some of Nigeria’s biggest companies, incl Dangote, MTN, NNPCL and NLNG
“Onitsha – Enugu dual carriage way is a very busy road and if not the most important in South East for our people. It is such a commendable engagement by MTN I visited this road last week , I like what RCC Construction company is doing ,https://t.co/NQMjW1x8f1
Love this. Learning from the challenges at Apapa and Tin Can Ports. I’m also hoping the new Port Access Road under #ExecOrder7 gets completed on schedule.
DID YOU KNOW?
Lekki Deep Sea Port has created a 153 capacity pre-gate truck park to ensure efficient and seamless traffic management control at the port.
2/
#ExecOrder7 Companies include some of Nigeria's biggest: @DangoteGroup @MTNNG @BUAgroup @nnpclimited
#HDMIng concessionaires include the Africa Finance Corporation (AFC); China Harbour Engineering Company Ltd (CHEC); and Enyimba Economic City Consortium.
BRF helped PMB deliver some of the most transformational infrastructure initiatives in the history of #Nigeria. First, #ExecOrder7 (Tax Credit for Road Infra), and then #HDMIng (concessioning major Federal Road Corridors to private sector players, for management & maintenance).
Incorrect to say nobody asking/concerned. There’s INFO out there.
Under the Road Infra Tax Credit Scheme #ExecOrder7, a dedicated 54km Access Road has been awarded, to connect the LFTZ (Deep-Sea Port / Dangote Refinery, etc) to Sagamu-Benin Exp, thru Epe.
So there’s def a PLAN.
No one in the Nigerian media is asking the LASG and or Dangote HOW fuel products will be transported from that refinery. Everyone is shinning teeth and nodding like lizards. That entire corridor is about to become a nightmare for residents and commuters.
Funding is guaranteed for the completion of this project. Enugu-bound side almost completed (as at Q4 2022); bulk of outstanding work, to be financed by MTN, is on Onitsha-bound side.
Learn more about #ExecOrder7 from this video:
MTN Nigeria Plc to take over and complete the ongoing 110km dualized Enugu - Onitsha Expressway under the Road Infrastructure Tax Credit Scheme. #FECBrief
You have no idea how pleasing it is to see news like this. This Enugu-Onitsha Expressway was recently handed over to @MTNNG, under the Road Infrastructure Tax Credit Scheme (aka #ExecOrder7), a signature infrastr. initiative of the @MBuhari Administration; it will be completed!
Ok guys. Holiday is over, let’s get back to work. Check out these hashtags:
#PIDFund
#ExecOrder7
#EnergizingEducation
#PPInigeria
#GovtAtWorkNG
#StateHouseBriefing
#FECBrief
INFRA: Lagos—Badagry Expressway Rehabilitation & Expansion is being carried out by both @NigeriaGov & @followlasg, in different sections. The FGN sections are being financed by #SukukBond and #ExecOrder7 (approved for @nnpclimited to finance).
📷 from BRF Inspection Visit, today
Awarded to @BUAgroup by @NigeriaGov under #ExecOrder7:
1. Bode Saadu—Kaiama—Kosubosu Road (130km)
2. Bacita—Shonga—Lafiagi Road (83km)
3. Eyenkorin—Afon—Offa—Odo Otin Road (49km)
4. Okuta—Bukuro Road (which connects Nigeria and Benin Republic) (32km)
Breaking: FEC today approved a Memo for the rehabilitation of four roads, totaling 284km, in Kwara State, to @BUAgroup, under the Infrastructure Tax Credit Scheme #ExecOrder7. As you know, BUA has a sprawling sugar plantation/refinery in Lafiagi, Edu LGA of Kwara State.
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