Projects that proceeds of the​ N100bn Sukuk bond will be spent on have been revealed.Minister of Power, Works and Housing, Babatunde Fashola, had said that the federal government would spend the money on reconstruction and rehabilitation of 25 arterial roads

Below is full list of the projects in order of title, amount and estimated delivery date.

1. Construction of Oju/Loko-Oweto bridge over​ River Benue to link Loko (Nasarawa state) and Oweto (Benue state) along route F2384

N​144,708,134.18

December 2017

2. Dualisation of Abuja-Abaji-Lokoja road section I (international airport link road junction​)​ – Sheda village

N​3,000,000,000.00

March 2018

3. Dualisation of Suleja-Minna road in Niger state phase II (km 40+000-km101+000)

N​3,521,958,532,49

April 2018

4. Dualisation of Abuja-Abaji-Lokoja road: Section IV Koton Karfe-Lokoja in Kogi state

N​3,500,000,000.00

January 2018

5. Dualisation of Lokoja-Benin road: Obajana-Okene in Kogi state

N​2,500,000,000

January 2018

6. Dualisation of Kano-Maiduguri road linking Kano-jigawa-Bauchi-Yobe

N​4,166,666,666.67

March 2018

7. Dualisation of Kano-Maiduguri road linking Kano-Jigawa-Bauchi-Yobe and Borno states. Section III (Azare-Potiskum) in Bauchi

N​3,500,000,000.00

December 2017

8. Dualisation of Kano-Maiduguri road linking Kano-Jigawa-Bauchi-Yobe and Borno states. Section IV (Potiskum-Damaturu road) in Yobe

N​4,000,000,000.00

December 2017

9. Dualisation of Kano-Maiduguri road linking Kano-Jigawa-Bauchi-Yobe and Borno states. Section V (Damaturu-Maiduguri)

N​5,000,000,000.00

June 2018

10. Dualisation of Kano-Maiduguri road linking Kano-Jigawa-Bauchi-Yobe and Borno states. Section I (Kano-Wudil-Shuari) in Kano

N​5,000,000,000.00

June 2018

11. Dualisation of Kano-Katsina road phase I, Kano town at Dawanau roundabout to Katsina border in Kano

N​3,000,000,000.00

September2018

12. Construction of Kano western bypass as an extension of dualisation of Kano-Maiduguri road section I

N​4,000,000,000.00

May 2018

13. Construction of Kaduna eastern bypass

N​4,666,666,666.67

January 2018

14. Rehabilitation of outstanding section of Onitsha-Enugu expressway: Amansea-Enugu border

N​5,166,666,666,67

December 2017

15. Rehabilitation of Enugu-Port Harcourt dual carriage section I: Lokpanta-Umuahia in Abia

N​4,000,000,000.00

March 2018

16. Rehabilitation of Enugu-Port Harcourt dual carriage sectionII Umuahia tower-Aba township rail

N​3,750,000,000.00

December 2017

17. Rehabilitation of Enugu-Port Harcourt road section III: Enugu-Lokpanta

N​3,750,000,000.00

December 2017

18. Rehabilitation of Enugu-Port Harcourt road section IV: Aba-Port Harcourt in Rivers

N​3,500,000,000.00

July 2018

19. Dualisation of Yenegwe road junction-Kolo-Otuoke-Bayelsa palm in Bayelsa

N​3,500,000,000.00

July 2018

20. Dualisation of Lokoja-Benin road: Obajana junction-Benin section II phase I: Okene-Auchi, Kogi/Edo states

N​3,000,000,000.00

December 2017

21. Dualisation of Lokoja-Benin road: Obajana junction-Benin section III phase I: Auchi-Ehor in Edo

N​3,166,666,666.67

June 2018

22. Dualisation of Lokoja-Benin road: Obajana junction-Benin section IV phase I: Ehor-Benin city, Edo state

N​3,500,000,000.00

December 2017

23. Reconstruction and asphalt overlay of Benin-Ofosu-Ore-Ajebandele-Shagamu dual carriageway phase IV

N​6,000,000,000.00

December 2017

24. Reconstruction of outstanding section of sections of Benin-Ofusu-Ore-Ajebandele-Shagamu dual carriageway phase III

N​5,000,000,000.00

December 2017

25. Dualisation of Ibadan-Ilorin road. Section II: Oyo -Ogbomosho road in Oyo

N​5,666,666,666.67

December 2017

TOTAL​ – 100,000,000,000.02

See List Of 25 Roads N100bn Sukuk Bond Proceeds Will Be Spent On – Fashola.