FG, Dangote sign N11.5bn concrete road contract

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FG, Dangote sign N11.5bn concrete road contract

The Dangote Group stated on Tuesday it had signed a contract with the Federal Authorities for the development of a forty two.5KM Obajana-Kabba Street in Kogi.

The Regional spokesman of the conglomerate, Mr. Jibrin Abubakar, mentioned that work would begin in full on the venture after signing the doc in Abuja.

The Everlasting Secretary, Federal Ministry of Energy, Works and Housing, Mr. Magaji Gusau, signed on behalf of the Federal Authorities, whereas the Adviser to the President of the Dangote Group, Mr. Joseph Makoju, signed on behalf of the group.

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Makoju stated the train was a milestone within the historical past of Nigeria.

The inflexible pavement is to be constructed by the AG Dangote Development Firm.

The venture will value the Group N11.5bn however the job was awarded to the Group on tax concession foundation at N5.24bn.

The distinction of N6.2bn is a part of the company social accountability of the Dangote Group.

The Managing Director of the AG Dangote, Mr. Ashif Juma, stated the contract period was 24 months, however that the Group had set a goal for its completion at sixteen months.

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It could be recalled that the Dangote Group commissioned the 26 Km Itori-Ibese concrete highway in Ogun in June.

(NAN)

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