Tuesday, July 21, 2020
Federal Government of Nigeria releases envidence of SUKUK fund utilized in developing Nigeria roads
The federal government of Nigeria in his transparency drive, releases photos of the progress made so far in the use of the 162.5 billion naira SUKUK fund.
The sum of N162bn was recently approved to be disbursed across the six geopolitical zones for roads construction. “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.’’
The sum of N162bn was recently approved to be disbursed across the six geopolitical zones for roads construction. “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.’’
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