Browsing: Babatunde Fashola

Fashola, who appeared before the Senate Committee on Lands, Housing and Urban Development in continuation of the defense of the 2022 Budget of his Ministry, also submitted to the Committee the documents showing the number of applications submitted and those completed and undergoing processing as well as a breakdown of the number according to States. 

These include: Highway projects financed through Presidential Infrastructure Development Fund (PIDF) being managed by Nigerian Sovereign Investment Authority (NSIA), Road Infrastructure Development & Refurbishment Investment, Tax Credit Scheme (RIDRITCS) being used to finance nine federal roads; Sovereign Sukuk Fund being used to finance 44 roads and bridges and Multilateral Loans, among others.