Federal Approval Granted: BUA Group to Upgrade Lokoja-Benin Road in Edo State at ₦120 Billion

BUA Group Greenlit for Lokoja-Benin Road Reconstruction in Edo State under Tax Credit Scheme

0
66

In a significant development for infrastructure enhancement in Edo State, the BUA Group has garnered approval from the Federal Government to embark on a major project. This project involves the reconstruction and dualization of three critical sections of the Lokoja-Benin Road, totaling an impressive 30 kilometers.

Under the umbrella of the Road Infrastructure Development & Refurbishment Investment Tax Credit Scheme, this initiative aims to revamp key transportation arteries in the state. The decision underscores the government’s commitment to improving road infrastructure across the country, with a focus on enhancing connectivity and fostering economic development.

The approval signifies a pivotal step forward in addressing longstanding challenges related to road quality and capacity. By modernizing and expanding these sections of the Lokoja-Benin Road, the project is poised to facilitate smoother and more efficient movement of goods and people, thereby stimulating trade and commerce in the region.

BUA Group’s involvement in this venture underscores its dedication to corporate social responsibility and sustainable development. Through strategic partnerships with government agencies, the private sector continues to play a vital role in driving infrastructure improvements that benefit communities and propel national progress.

As work commences on this ambitious undertaking, stakeholders eagerly anticipate the positive impact it will have on the socio-economic landscape of Edo State and beyond.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.