Nigerian government faces scrutiny over N1.09 trillion raised via bonds for infrastructure since 2017.

The Nigerian government has raised N1.09 trillion since 2017 through Sovereign Sukuk bonds for infrastructure, mainly roads and bridges. The Debt Management Office plans to raise an additional N300 billion. However, the House of Representatives has decided to investigate the allocation and outcomes of the funds, citing concerns despite the investment in 124 road projects.