Fashola sees opportunities as ICRC certifies federal highway initiative

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Babatunde Fashola, minister of Works and Housing, says that beyond infrastructure and assets development, there are also opportunities and economic benefits in the federal government’s Highway Development and Management Initiative (HDMI). Fashola’s ministry was recently issued Certificate of Compliance by the Infrastructure Concession Regulatory Commission’s (ICRC) to proceed with the implementation of the highway initiative. As an indigenous Land Value Capture scheme conceived by the ministry to develop Nigeria’s network of federal highway corridors and boost economic development along the Ri…

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