The Debt Management Office, DMO said that the Federal Government would float over 100 billion naira third Sukuk Bond before the end of 2019.
DMO’s Director-General, Patience Oniha, stated this at inaugural edition of the Islamic Finance Network Nigeria Forum organised by the Nigerian Stock Exchange in partnership with REDMoney Group in Lagos.
Oniha said the government was perfecting arrangements to float over 100 billion naira Sukuk Bond for the financing of some infrastructure projects listed in the 2019 budget.
Sukuk are bonds structured to generate returns to ethical investors
