Nigerian roads financed with Sukuk not repaying debt as planned -- DMO
“They (the debts) are not being serviced with revenue from those sources (infrastructure). “I think that when we are talking about those innovations like revenue, bonds and all that, we should be talking about policies to ensure that the projects that we financed generate revenue,’’ she explained. The government has tied the Sukuk bond to road infrastructure projects since its launch in 2017. Some of the roads earmarked for the hundreds of billions realised are Ibadan-Ilorin Road, Kolo-Otuoke- Bayelsa-Palm Road, Enugu-Port Harcourt Expresway, Kaduna Eastern Bypass, Kano-Maiduguri Road...