April 16, 2024

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Nigeria’s FG Releases N162.5bn SUKUK for Road Construction

1 min read

Nigeria’s federal government has released the sum of N162.5bn SUKUK Funds, for Federal Road Projects Across All Zones.

Moreover, the sum of N162bn released, was reported to be enough to adequately completes cash settlement for all capital road expenditures in the 2020 budget.

North Central: 8 roads,                            S-East: 5 roads,

N-East: 8 roads,                                          S-South: 10 roads

N-West: 7 roads                                         S-West: 6 roads

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