Total pension assets increased from N29.52 trillion in March to N30.94 trillion in April, representing a 4.8 per cent month-on-month growth.
The Debt Management Office (DMO) says its latest offer of N250 billion sovereign Sukuk, the fourth in the series, would be deployed to three benefitting ministries.
The DMO also mentioned that the proceeds would be used solely to construct and rehabilitate key road projects across the country’s six geopolitical zones.
One of the roads, the Vandeikya-Obudu Cattle Ranch Road in Tsua, Benue, was awarded to the CCECC at N6.6 billion.
The commission stated that pension fund assets rebounded in March 2021, having dropped for two months.
