Tuesday, July 14, 2026

FG constructing 44 road projects in Nigeria with Sukuk funds: Fashola

One of the roads, the Vandeikya-Obudu Cattle Ranch Road in Tsua, Benue, was awarded to the CCECC at N6.6 billion.

• November 29, 2021
Babatunde Fashola (credit: BBC)
Babatunde Fashola (Credit: BBC)

The Minister of Works and Housing, Babatunde Fashola, said the Sukuk fund was supporting 44 roads projects across the country.

Mr Fashola disclosed this on Monday at the inauguration and handing over phase I and II of Vandeikya-Obudu Cattle Ranch Road in Tsua, Vandiekya LGA of Benue.

President Muhammadu Buhari was represented at the occasion by the Minister of Special Duties and Intergovernmental Affairs, George Akume.

Mr Fashola said that the completed road would impact positively to the lives of the host communities, commuters and general public.

“These projects represent major investment in road transport infrastructure, which is a commitment of the Buhari administration as a driver for economic growth and prosperity.

“They are visible and incontrovertible assets in proof of what Nigeria’s resources are invested in from a combination of our earned resources, and borrowings.

“This occasion affords another opportunity to acknowledge the impact of the Sukuk funding in the completion of Azare — Potiskum, Shuwarin — Potiskum and Sokoto-Tambuwal-Kontagora Roads,” Mr Fashola said.

According to the minister, other handing over formalities that will follow the formalities in Kebbi and Vandeikya would be in: Section II, 142.2 km dualisation between Shuwarin and Azare, connecting Jigawa and Bauchi States.

Others are: Section III covering 106.3 Km dualisation between Azare and Potiskum connecting Bauchi and Yobe States, Nnewe-Uduma-Uburu Road covering 26.27 Km with 14 km spur to Ishiagu connecting Enugu and Ebonyi States.

In his welcome address, the Permanent Secretary, Federal Ministry of Works and Housing, Babangida Hussaini, said the road was awarded to China Civil Engineering Construction Corporation (CCECC) Nigeria Limited, at the cost of N6.6 billion.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Waidi Shaibu

States

Kaduna: Army chief reaffirms commitment to troops’ welfare

The Nigerian Army inaugurated a newly constructed regimental sergeant major accommodation at the 51 Signals Brigade, Ribadu Cantonment, Kaduna, to boost personnel welfare.

Apapa Customs

Economy

Customs says import duty exemptions rose to N34 trillion in 2025

Customs says the value of import duty exemption certificate approvals for imported goods and equipment rose to N34 trillion in 2025.

Mr Abdulazeez [Credit: NupekoTv-Lafiagi]

Rights

Family demands justice after killing of Kwara farmer

The family of Abdulazeez Abiodun, a farmer allegedly murdered near his farm in the Isanlu-Isin council area of Kwara, is demanding justice.

Yobe State Governor, Mai Mala Buni

Education

Gov Buni approves academic allowances for Yobe university lecturers

Governor Mai Mala Buni has approved the payment of the three academic allowances to lecturers at the Yobe State University, Damaturu.

ADC chieftains

Politics

ADC slams Appeal Court’s judgement, heads to Supreme Court

The African Democratic Congress says it has commenced the process of appeal against Monday’s appellate court judgement, describing it as legally unsustainable.