Reps to probe N1.24tn Sukuk-funded road projects

The House of Representatives on Wednesday resolved to probe Sukuk-backed road projects valued at about N1.24 trillion raised in the past seven years ( 2017- 2024).

The resolution of the House followed the adoption in plenary of a motion of urgent public importance sponsored by Nasarawa lawmaker, Mr Jonathan Gbefwi.

Recall that the Federal Government has, since 2017, through the Debt Management Office, raised over N1.1tn through six Sovereign…