FG Raises N742.5bn From Sukuk Bonds In Five Years For Construction Of Over 71 Road Projects

Between 2017 and 2022, the Federal Government has raised the sum of N742. 56bn from the issuance of Sukuk Sovereign Bond for the construction and rehabilitation of road projects and bridges across the country.

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed this on Monday in Abuja during the symbolic cheque presentation ceremony of the 2022 Sovereign Sukuk issue proceeds of N130bn to the implementing Ministries.