Governor Sule Explores Sukuk Financing For Nasarawa’s Infrastructure Development

Governor Abdullahi A. Sule of Nasarawa State has engaged in high-level discussions with 117 Financial Services and their partner, CCIC, on the potential of Sukuk financing to drive infrastructure development in the state.
During a strategic meeting at the Nasarawa Governor’s Lodge, the team presented the concept of Sukuk, an Islamic finance instrument, and how it could be leveraged to raise funds for critical projects such as roads, healthcare, and education.
Governor Sule reaffirmed his administration’s commitment to exploring innovative financing mechanisms that align with global best practices while ensuring financial sustainability and accountability.
This meeting signals a progressive shift towards alternative financing models in Nasarawa State, positioning it as a frontrunner in modern infrastructure funding in Nigeria.