Infrastructure Financing Photo News

Nigeria injects N98.85bn Sukuk bond into road construction

The Federal government of Nigeria is set to use N98.85bn (US $274.6m) Sukuk bond to construct 642.69 kilometres of roads across in the country and further support the government’s capital spending on road projects already captured in the 2018 budget. Minister of Power, Works and Housing, Mr. Babatunde Fashola confirmed the reports and said the cheque for the money was …read more →