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Tinubu Approves Continued Funding for NNPC Road Projects, Vows No Abandonment

 

President Bola Ahmed Tinubu has approved the continued funding of road infrastructure projects under the Nigerian National Petroleum Company Limited (NNPC) Tax Credit Scheme, assuring Nigerians that no project under the initiative will be left abandoned. The president’s decision is part of his administration’s renewed commitment to completing all ongoing infrastructure projects across the country, particularly those critical to easing transport, boosting trade, and improving overall national connectivity.

The announcement followed a progress briefing from the Ministry of Works, which oversees the execution of the scheme in collaboration with the NNPCL and the Federal Inland Revenue Service (FIRS).

Under the Tax Credit Scheme, major companies are allowed to fund federal road construction projects using portions of their tax obligations, with NNPCL being the lead player in the initiative. More than 6,000 kilometers of federal roads have been approved for construction and rehabilitation across all six geopolitical zones of the country, marking one of the most ambitious infrastructure undertakings in recent years.

President Tinubu directed that any non-performing contractors be immediately relieved of their responsibilities, and their contracts re-awarded to more capable firms to avoid unnecessary delays.

He emphasized that all projects must be completed on schedule and according to specifications, as Nigerians deserve value for every kobo invested in public infrastructure.

The Minister of Works, Dave Umahi, confirmed this directive, noting that the president was firm in his demand for accountability and tangible outcomes.

Several key projects are currently underway under the scheme, including the dualisation of the Suleja–Minna road, the reconstruction of the Bida–Lapai–Lambata corridor, and extensive work along the East-West Road in the Niger Delta.

These roads, long plagued by neglect and underfunding, have seen renewed activity since the tax credit program was expanded.

The president has also instructed that the Ministry of Works and FIRS jointly approach the National Assembly to address a funding shortfall of ₦2.7 trillion, complementing the ₦1.97 trillion previously approved for the program’s second phase.

Tinubu’s administration views infrastructure as a critical driver of economic development, job creation, and national integration. Speaking through senior aides, the president stated that this is not merely a road-building initiative, but a deliberate effort to improve economic efficiency, reduce transportation costs, and open up rural and underserved areas for investment.

The strategy reflects his broader economic vision, which prioritizes the delivery of high-impact capital projects through a mix of public and private sector collaboration.

With stricter monitoring mechanisms now in place and presidential oversight heightened, the government believes the NNPC Tax Credit Scheme will deliver long-term value and become a model for sustainable infrastructure financing. President Tinubu’s latest directive sends a clear message: no project will be abandoned, and citizens will see visible progress across the nation’s roads in the months ahead.

chioma Jenny

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