Home BUSINESS Federal Govt, Dangote Sign Contract For Concrete Road Project In Obajana, Kogi

Federal Govt, Dangote Sign Contract For Concrete Road Project In Obajana, Kogi

dangote-obajana-roadNigeria Federal Government and Dangote Group have formally signed a contract for the construction of a 42.5kilometre concrete road from Obajana to Kabba in Kogi State.
The Permanent Secretary in the Federal Ministry of Power, Works and Housing, Engr. Magaji  Abdullahi Gusau signed on behalf of the Federal Government, while the
Honorary Adviser to the President of the Dangote Group (Executive Director), Engr. Joseph Makoju, signed on behalf of the Dangote Group.
The work on the road, described by Engr. Makoju as a milestone in the history of Nigeria, is expected to commence immediately. The rigid pavement is to be built by the AG Dangote construction company.
The project will cost the Dangote Group N11.5 billion based on tax concession basis at N5.24 billion. The difference of N6.2 billion is part of the Corporate Social Responsibility (CSR) of the Dangote Group.
The Managing Director of the AG Dangote Mr. Ashif Juma said the contract duration is 24-month even as the Dangote Group has set a target for its completion at 16-month.
It would be recalled that, as part of its CSR, the Dangote Group had commissioned the 26KM Itori-Ibese Concrete Road in June this year. [myad]