Discover and read the best of Twitter Threads about #Sukuk

Most recents (3)

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#PMBAchievementsAt80

Let’s me show you guys how it all started just like a joke in 2015. @MBuhari started with the 1.6 KM long Second Niger Bridge which is a key national infrastructure, with immense socio-economic benefits for the entire nation.

#PMBAt80 twitter.com/i/web/status/1…
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#PMBAchievementsAt80

Some young Nigerians decided to verify the project for us all, they took us thruu the #SecondNigerBridge so that the whole world can see the good work of @MBuhari Odogwu Number ONE as @Champele called him.
#PMBAt80 twitter.com/i/web/status/1…
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#PMBAchievementsAt80

@MBuhari kept to his words that the Second Niger Bridge will be inaugurated in December and opened to traffic. God Bless You Mr President

#PMBAt80 twitter.com/i/web/status/1…
Read 102 tweets
Will share highlights from this new presentation, delivered yesterday in Kano, by @tundefashola, at the 28th Meeting of the National Council on Works.

(As far as memorable phrases go, he's a champ. "Incremental Power", and now "Season of Completion")
One of the biggest changes PMB has brought to road #infrastructure in Nigeria is in the area of financing. A lot more financing available for roads, highways, bridges under PMB than prev govts (even when oil prices were $100-avg for years). #PIDFund #Sukuk #ExecOrder7
In 2015, outgoing govt budget 18 billion for all the Federal roads in Nigeria - less than even Lagos' roads budget for the year

In 2016, with an even lower avg oil price, new Govt budgeted 260B, & released 198B = 76%

2020, inside Covid, 227B budgeted for roads, 100% released!
Read 8 tweets
#Muslims r one of the most financially excluded citizens in #Ethiopia & their primarily reason is #Riba. But I wonder how & where the data for such reports are collected? "Financial inclusion in Ethiopia: 10 takeaways from the latest Findex" tinyurl.com/ydhmd738 via @WorldBank
Citizens who identify themselves as #Muslims account for 34% of the #Ethiopia'n population (CSA, 2007). This large segment of the society was demanding Shari'ah Compliant #finance for long time. Banks first responded by introducing 0% interest A/C #financialinclusion @WorldBank
Banks attracted millions of customers and mobilized billions of Birr in deposits. Sadly, customers were unaware that these deposits are not #ShariahCompliant and they were subjected to successive devaluations which has impacted them a lot. #financialinclusion #Ethiopia @WorldBank
Read 11 tweets

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