Federal Government disburses N162.5bn SUKUK funds for a total of 44 Federal Road Projects in 6 Geo-Political Zones.
President Buhari and VP Osinbajo administration determined to leave a lasting bequest in Nigeria’s infrastructural scenery.
Rail, roads, bridges are all winning major renovations where existing and novel ones built where not.
A total sum of N162bn permitted to be pay out within the six geopolitical zones for roads building.
The pay-out bring to an end cash settlement for all capital road expenses in 2020 budget.
The number of roads to be constructed within the 6 geopolitical zone:
- North-Central: 8 roads
- North-East: 8 roads
- North-West: 7 roads
- South-East: 5 roads
- South-South: 10 roads
- South West: 6 roads️
This absolutely demystifies claims by certain resentful elements that imply that the party proposes to slow down it’s rehabilitation and construction speed to use the tasks as campaign publicity.
Fashola said the Sukuk proceeds has optimistic effect on Nigerians as it would generate fortune along the numerous value chains through supplies, employment chances along with the procurement of farmers’ yield.