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Lagos Considers Sale of N185bn Bond at Lower Coupon Rate |

The Lagos State government is considering selling N185 billion bond to investors at the Nigerian debt capital market, the Permanent Secretary, Debt Management Office (DMO), Mr Olujimi Ige, has said. This is coming a few days after the Commissioner for Finance, Mr Rabiu Olowo, said at an event in Abuja last week that
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How Proceed From N100bn Bond Was Spent – DMO – The News Chronicle

The Permanent Secretary, Lagos State Debt Management Office (DMO), Mr. Olujimi Ige, has disclosed that funds accessed by the State Ministries, Departments and Agencies from the proceeds of the N100bn Bond issued in January 2020, were used for developmental and capital projects across the State. Commenting on the Bond issued early last year by the State government, Mr. Ige added that some of the projects embarked upon by the MDAs across the State are nearing completion, noting the capital projec...
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