The House of Representatives has launched a probe into Sukuk-backed road projects valued at ₦1.24 trillion from 2017 to 2024.
The House resolution came after adopting a motion of urgent public importance sponsored by Jonathan Gbefwi, a lawmaker from Nasarawa.
As of December 2024, data from the Securities and Exchange Commission estimates this amount at approximately $657.6 million based on current exchange rates.