Road Concession: NSIA to run tolling on major highways… FG

Road Concession: NSIA to run tolling on major highways… FG

The federal government says the Nigeria Sovereign Investment Authority, NSIA, will manage a tolling system on major highways across the country including the ongoing Lagos/Ibadan express road when concessions arrangements are perfected.

Managing director of NSIA Uche Orgi said this on Thursday at the Special weekly briefing organized by the Presidential communication team at the Presidential Villa Abuja.

Orgi said this is to enable the government to get appropriate value for investments made on road projects.

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He also hinted that the federal government plans to raise and invest about Two hundred million dollars in critical health infrastructure including the Pharmaceutical industry, for manufacturing essential drugs, vaccines, and construction of cancer centers.

The NSIA boss reiterated that Phase one of the second Niger bridge and the Abuja -Kano Project will be completed by July 2022.

On those involved in Fertilizer racketeering in the country, Orgi noted that such individuals will soon be apprehended by the Economic and Financial Crimes Commission, EFCC, in line with President Buhari’s directives.

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