‘Investors Will Go To Ghana If We Fail To Fix Infrastructure’- DMO Seeks Subscribers For N150bn Sukuk Bond

The Director-General of the Debt Management Office, Patience Oniha, has said that more investors will dump Nigeria for Ghana if the country’s infrastructure is not fixed.

The DMO boss made the disclosure on Thursday at the DMO AI Ijarah (Lease) Sukuk issuance meeting which was monitored by THE WHISTLER.

Nigeria’s Sovereign Sukuk made its debut in 2017 which is an investment certificate that represents the ownership interest of the holder in an asset or pool of assets that is utilised to strategically fund infrastructure.

Since its first issue, N742.55bn has been raised and deployed to the rehabilitation and construction of 4,000 kilometre of roads and bridges across the country.