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Nigerian roads financed with Sukuk not repaying debt as planned -- DMO - Vimarsana News

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...

DMO: Nigerian roads financed with Sukuk not repaying debt as planned - Vimarsana News

DMO: Nigerian roads financed with Sukuk not repaying debt as planned

The Debt Management Office (DMO) has decried the country’s debt service to revenue ratio, describing it as a major issue of concern.

Source: today.ng
We're not a political forum, North Central Governors' Forum Chair - Vimarsana News

We're not a political forum, North Central Governors' Forum Chair

From: Uche Nnorom, Makurdi Chairman, North Central Governors’ Forum and Governor of Niger State Abubakar Sani Bello has outrightly debunked insinuations that the objective of the forum is political. He also, dispelled allegation that the governors of the Forum most of whom are All Progressive Congress, APC members are plotting to woo Governor Samuel Ortom of the Peoples’ Democratic Party,PDP back to the ruling party. Governor Bello who said this yesterday in Makurdi while briefing newsmen after the meeting of the North Central Governors, maintained that the meeting has no politica...

Detailed text transcripts for TV channel - FOXNEWS - 20180212:23:43:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20180212:23:43:00

Proposal, one, we have an infrastructure deficit of $4.5 trillion. this is 1.5 trillion. prioritizes a lot of what should be public infrastructure whether it's transit or highways and roads. of course we know it has to be paid for so it can pass back. the reality is with all of the talk of investment in infrastructure, 1.5 trillion is about the same as the tax bill. it would've been better spent on infrastructure. i'm not sure where it's going to come from and we shouldn't be privatizing our infrastructure. through him to think democrats have found a new love of talking about deficits and debt...

Detailed text transcripts for TV channel - FOXNEWS - 20180212:20:37:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20180212:20:37:00

Leveraged to $1.5 trillion, that isn't enough is what they're saying. i think that you would get republicans saying that, too. $200 billion is a nice number. it is not enough as the president calls it to meet the infrastructure deficit. >> shepard: and then there's the budget. regarding the budget, those against it are against it for different reasons. the president campaigned on ending the face deficits in eight years. this takes it in the other direction and freedom caucus folks on the republican side are none too pleased about it. far left has their own thoughts. >> absolutely. the way i li...