The Director-General, Debt Management Office (DMO), Patience Oniha, at the official inauguration ceremony for the FCT Sukuk Technical Committee, gave her opening remarks where she described the event as an important milestone in the journey of the issuance of Sukuk in Nigeria. With a total of four SUKUK issuances so far, the DMO has raised over N600 billion for the rehabilitation and construction of road projects across the country as the Sukuk has proven highly instrumental to the development of infrastructure in Nigeria.
Expressing her delight at the involvement of FCT Ministry in the utilization of Sukuk’s funding for Federal Capital’s infrastructural development, she reassured dignitaries present that the DMO is committed to partnering with the Ministry towards the issuance of its first Sukuk in the nearest future.
Other dignitaries present at the inauguration ceremony were the Honorable Minister Federal Capital Territory (FCT), Malam Muhammad Musa Bello; Chairman, Senate Committee on the FCT, Sen. Abubakar Kyari; Chairman, House Committee on FCT, Rt Hon. Abubakar Garba Idris, represented by Hon. Iduma Igariwey; Senate Minority Whip, Sen. Philip Tanimu Aduda and notable officials of the DMO and the FCTA.