Thursday, February 9, 2023
The Witness Newspaper
No Result
View All Result
  • Home
  • News
  • The Nation
  • Business
  • Politics
  • Investigation
  • Opinion
  • Sports
  • Entertainment
  • South Witness
  • World
  • Health
The Witness Newspaper
No Result
View All Result
Home Business

NNPC says it’s ready for N1.9tr road repairs, tasks truckers on safety

Stanley Osariemen by Stanley Osariemen
January 25, 2023
in Business
NNPC acquires assets of Addax Petroleum

NNPC

Share on FacebookShare On WhatsappShare On Twitter

The Nigerian National Petroleum Company Ltd (NNPC) says it is set to implement the N1.9 trillion project to repair 44 roads after it delivered significantly on the N621 billion repair of 21 roads under a tax credit scheme.

Mele Kyari, the Group Chief Executive Officer (GCEO) of NNPC Ltd, stated this on Tuesday at the 23rd Annual General Meeting (AGM) of the Nigerian Association of Road Transport Owners (NARTO) in Abuja.

READ ALSO

PHOTO NEWS: Standard Chartered Bank executives visit Wema Bank new CEO, Moruf Oseni in Lagos

New naira: IMF urges CBN to extend February 10 deadline

Kyari, represented by the Group Executive Director, Downstream, Engr. Adeyemi Adetunji tasked the road transport owners on safety.

He said, “NNPC has supported the federal government to fix roads and for the first phase of over 1,800km roads that are valued at N621bn, we have made good progress on that.”

The NNPC boss said phase 2 of N1.9tr was approved by the Federal Executive Council (FEC) last week to cover 44 roads.

He also said NNPC has established a build-and-operate scheme to rehabilitate all the pipelines and depots nationwide. “That process is on and before the end of this year, we will award those contracts to the operators.”

On petrol scarcity, he said: “Up to last weekend, we had a series of meetings even into the night and very soon Nigerians will begin to see the results.”

The national president of the Nigerian Association of Road Transport Owners, Alhaji Yusuf Lawal Othman, said, “Bad roads have continued to be the major threats to the smooth and safe transportation of goods and people throughout the country. However, there seems to be a light at the end of the tunnel,” he said, referring to the NNPC road repair funds.

Othman was also worried about the ruthless attacks on drivers by security operatives.

The Minister of Works and Housing, Babatunde Fashola, said under President Muhammadu Buhari’s administration, over 13,000 kilometres of roads and bridges are in repair.

“We have finished 8,000 kilometres of roads and drivers will tell you that the roads are now better. The real beneficiaries of the increase in funding on roads are NARTO.

“I appeal for safety on our roads. In one month, in October last year, we lost 449 people and over 2,000 injured. I appeal to your leadership to show more interest in safety,” Fashola said.

 

Tags: Mele KyariNNPCNNPC says it's ready for N1.9tr road repairs

Related Posts

PHOTO NEWS: Standard Chartered Bank executives visit Wema Bank new CEO, Moruf Oseni in Lagos
Business

PHOTO NEWS: Standard Chartered Bank executives visit Wema Bank new CEO, Moruf Oseni in Lagos

February 9, 2023
New naira: IMF urges CBN to extend February 10 deadline
Business

New naira: IMF urges CBN to extend February 10 deadline

February 8, 2023
NITDA DG restates FG’s commitment to supporting growth of Nigeria’s tech ecosystem
Business

NITDA DG restates FG’s commitment to supporting growth of Nigeria’s tech ecosystem

February 8, 2023
Ardova to delist from NGX after acquisition by Ignite Investments
Business

Ardova to delist from NGX after acquisition by Ignite Investments

February 7, 2023
New naira: IMF urges CBN to extend February 10 deadline
Business

Banks not hoarding new naira notes, normalcy returning soon – ACAMB

February 6, 2023
Kenya drops case of financial impropriety against Flutterwave
Business

Kenya drops case of financial impropriety against Flutterwave

February 6, 2023
Next Post
Buhari orders NIS to tighten security at borders ahead of elections

Masari declares Thursday, Friday public holidays for Buhari’s visit

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Categories

  • Business
  • Entertainment
  • Health
  • Inside Nigeria
  • Investigation
  • Lifestyle
  • Opinion
  • Politics
  • Southern Witness
  • Sports
  • The Nation
  • The News
  • World

Recent Posts

  • I’ll dredge River Niger, revive Ajaokuta, Tinubu pledges
  • Wike approves stadium for Tinubu rally, waives fee for him
  • Kidnappers demand N150m ransom for C’River commissioner’s release
  • Continue to use your old naira notes, Tinubu will reverse policy if elected – El-Rufai
  • PHOTO NEWS: Standard Chartered Bank executives visit Wema Bank new CEO, Moruf Oseni in Lagos
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
  • Terms and Conditions

Copyright © 2022 The Witness Newspaper | All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • The Nation
  • Business
  • Politics
  • Investigation
  • Opinion
  • Sports
  • Entertainment
  • South Witness
  • World
  • Health

Copyright © 2022 The Witness Newspaper | All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.