BUA Group Gets FG’s Nod To Build N330bn Roads In Kwara State
BUA Group – founded by billionaire businessman, Abdul Samad Rabiu – a Nigerian conglomerate with investment in foods, infrastructure, mining and manufacturing has received a green light from the Federal Government to embark on construction of four major road in Kwara State.
Governor of Kwara State, Alhaji AbdulRahman AbdulRasaq made the revelation in a brief statement made available to the media today, April 5, 2023.
The road earmarked for reconstruction are Kosubosu-Kaiama-Bode Saadu (130km); Bacita-Shonga-Lafiagi (83km); Eiyenkorin-Afon-Offa-Odo Ottin (49km); and Okuta-Bukuro Road, which connects to the Benin Republic (32km).
They are road are 294km all together, highstreet.ng understands.
The roads will be facelifted under the Infrastructure Tax Credit Scheme initiated by president Muhammadu Buhari’s administration.
Information pieced together by highstreet.ng showed the undertaking will cost the foods and infrastructure entity all of N330bn.
Here is what Governor AbdulRahman AbdulRasaq said about the development…
Today, our efforts to further open up our state for socioeconomic growth yielded huge returns as the Federal Executive Council (FEC) graciously granted approvals to the BUA Group for the rehabilitation of four major roads in Kwara State.
These are Kosubosu-Kaiama-Bode Saadu (130km); Bacita-Shonga-Lafiagi (83km); Eiyenkorin-Afon-Offa-Odo Ottin (49km); and Okuta-Bukuro Road, which connects to the Benin Republic (32km). These come to 294km in all.
These roads will be constructed under the Infrastructure Tax Credit Scheme (Executive Order 7). Upon completion, these projects will revolutionise road travels within Kwara and neighbouring states, with huge potentials for development and food security.
We thank President Muhammadu Buhari for this landmark development. We similarly commend BUA for keying into the laudable initiative. Our administration will offer all the support to make these projects come through for the benefit of our people.
