FG Raises N1.1trn from Sukuk for Road, Bridge Projects
The Federal Government has raised N1.092 trillion from six Sukuk bond series since 2017, according to Debt Management Office (DMO) Director-General Patience Oniha. Speaking in Lagos, she said the funds have been used to construct or rehabilitate 4,100 kilometers of roads and nine bridges nationwide.
Oniha highlighted the benefits of the projects, including reduced travel time, improved road safety, job creation, and better access to markets, education, and healthcare.
