Browsing: Works and Housing

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.

Fashola also advised the DisCos to pursue the debt issue in their capacities as Distribution Companies and not under the aegis of any association pointing out that although the Constitution guaranteed freedom of association, the privatization exercise that led to the transfer of the Distribution assets of power was not held between the Federal Government and any association but 11 individual companies