President Muhammadu Buhari signed the Executive Order known as Executive Order 7 of 2019 recently. The aim is to develop and deliver Public Private Partnerships (PPP) with notable investors to bridge the road infrastructure gap in the transportation sector. About 19 road projects are to be undertaken by six leading manufacturing and construction firms, located in 11 States, and in six geo-political zones. Speaking at a press conference organised by the institute in Lagos, NIQS President, Obafemi Onashile applauded the road infrastructure development and refurbishment investment tax credit scheme. The NIQS comprising of members who are financial, contractual and administrative experts in engineering infrastructure and construction projects identifies with this new and innovative project delivery method.

Source: The Guardian February 04, 2019 04:30 UTC