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FG Releases N162.5 Billion Sukuk Funds For Federal Road Projects Across All Zone - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / FG Releases N162.5 Billion Sukuk Funds For Federal Road Projects Across All Zone (106 Views)

Federal Government 3rd Sukuk Investment Issuance / BREAKING: FG Lists Ongoing, Completed Projects Across 36 States / Fgn Bond: Sovereign Sukuk Offer For Subscription (2) (3) (4)

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FG Releases N162.5 Billion Sukuk Funds For Federal Road Projects Across All Zone by Deputy1111(m): 7:07am On Jul 22, 2020
The Federal Government is set to fix 44 roads with the Sukuk funds raised in the bond market.

This was disclosed by the Minister for Works and Housing, Mr Babatunde Fashola, when the sovereign Sukuk Symbolic cheque of N162.55 billion was presented to him by the Minister of Finance, Mrs Zainab Ahmed in Abuja.

This N162bn completes cash settlement for all capital road expenditures in 2020 budget. North Central: 8 roads, North East: 8 roads, North West: 7 roads, South East: 5 roads, South South: 10 roads, South West: 6 roads.

https://nairametrics.com/2020/07/21/fashola-to-fix-44-roads-across-nigeria-with-sukuk-funds/

Re: FG Releases N162.5 Billion Sukuk Funds For Federal Road Projects Across All Zone by popsy2(m): 7:10am On Jul 22, 2020
Good
Re: FG Releases N162.5 Billion Sukuk Funds For Federal Road Projects Across All Zone by GOFRONT(m): 7:19am On Jul 22, 2020
embarassed
Re: FG Releases N162.5 Billion Sukuk Funds For Federal Road Projects Across All Zone by Juliusmomoh(m): 7:57am On Jul 22, 2020
Hmmm .... I don't have much to say
Re: FG Releases N162.5 Billion Sukuk Funds For Federal Road Projects Across All Zone by Joyce95: 9:15am On Jul 22, 2020
Interesting

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