Leveraging JV Financing Model, Obaseki, NNPC, Sahara Group Commence 16.74KM Ikpako-Ajoki Road Construction

At a time external and traditional sources of infrastructure funds are thinning out in most states of the country leading to a surge in the number of abandoned road and other infrastructural projects, the Edo State Governor, Mr. Godwin Obaseki, has tailored the joint venture (JV) financing framework to secure the collaboration of the Nigerian National Petroleum Corporation (NNPC), Enageed Resource Ltd. (a Sahara Group Upstream Company), and the Edo State Oil and Gas Producing Areas Development Commission (EDSOGPADEC) in the financing of the 16.74 Kilometer Ikpako-Ajoki Road linking Ikpoba Okha…

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