Federal Highways: FG ready to clear N1.5trn debt owed contractors – Umahi
Jan. 11, 2024 The Federal Government says it is set to pay up the N1.5 trillion debt owed contractors for the construction of federal highways across the country. Government, however,…
WITH HIGH-IMPACT PROJECTS ACROSS NIGERIA, WE HAVE MET THE YEARNING OF NIGERIANS, PRESIDENT BUHARI AT LAST MINISTERIAL RETREAT
October 17, 2022 President Muhammadu Buhari on Monday in Abuja declared open the last Ministerial Performance Review Retreat of this administration, saying high-impact projects have been implemented across the country…
Nigeria rakes in $450m from Islamic bonds to finance infrastructure
Nigeria has raised 162.56 billion naira ($450 million) to help finance infrastructure projects through the sale of Islamic bonds to local funds and insurance companies, the Debt Management Office (DMO)…
N162.55bn Sukuk Fund to be used for 44 roads in six zones – DMO
The Debt Management Office (DMO) says the N162.55 billion it allotted to investors in the third sovereign Sukuk will be used to finance 44 critical road projects across the six…
Nigeria owed N25.7 trn debt as at June 30, 2019 – DMO
The Debt Management Office (DMO), says as at June 30, 2019 Nigeria owed N25.7 trillion in debt both domestically and externally. The DMO said this in its ‘Total Public Debt…