The minister said the federal government had implemented a federal billing system, which enables it to track exact payments for goods and services.
The conciliation meeting between the federal government, PENGASSAN, and the Dangote Group ended in deadlock late Monday.
SEREC said this in a statement by its head of research, Eugene Nweke, on Thursday.
The federal government has disbursed N330 billion cash transfers to poor and vulnerable Nigerians.
“The $500 million you have committed to the AfDB for the NTF will allow us to do balance sheet optimisation,” stated Mr Adesina.
The minister noted the development aligns with President Bola Tinubu’s ‘Renewed Hope Agenda’.
Mr Edun said that the concessionaires were expected to recoup their investments through tolling fees.
The finance minister said that the reforms would ensure equitable and sustainable development.
Mr Edun said this in a crucial meeting with the president of the Dangote Group, Aliko Dangote, according to a statement on Tuesday by his ministry.
Mr Edun said the government was committed to fiscal discipline, revenue mobilisation, and an improved investment climate.
