FULL LIST: The 25 road projects selected for construction from N100 billion Sukuk bond proceeds


The Minister of Finance, Mrs. Kemi Adeosun, on Thursday handed over N100 billion Sukuk bond proceeds cheque to the Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, in Abuja.

The federal government had issued the sovereign debut Sukuk of N100 billion in September, which was successfully completed last week.

The Sukuk bond has a tenor of seven years.

Adeosun said the offer was oversubscribed to the tune of N105.87 billion.

She also said the milestone was a sign of confidence in the Nigerian economy and the administration of President Muhammadu Buhari.

The minister added that the Sukuk proceeds would unlock the potentials of Nigeria.


The sum of N16.67billion has been slated for each of the 6 Geo-Political Zones from the N100billion Sukuk Bond.

Below is a list of the 25 selected priority road projects across Nigeria:

NOTE: Click on each document to see details clearly.







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