Adeosun, who disclosed that the offer was oversubscribed to the tune of N105.87 billion, said the milestone was a sign of confidence on the economy and the administration of President Muhammadu Buhari, adding that the Sukuk proceeds would unlock the potentials of Nigeria. Earlier in his comments, Fashola commended the Finance Minister, Director-General of Debt Management Office, Ms. Patience Oniha, and the financial advisers for the bond issuance for their painstaking efforts in realising the milestone.
Fashola assured the ministry’s contractors that the Federal Government was committed to the funding of its infrastructural projects across the country. Representative of the contractors, Mousa Nahkia, expressed the contractors’ gratitude to President Muhammadu Buhari and the two ministers for working day and night to make the development a reality.
“Nobody can hide our smiles today (yesterday), we believe in this country and its economy. This is really a great development and accomplishment,” he said.
