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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 projects cut across different sectors including Health, Education, Works, Housing, Drainage and Agriculture amongst others.
Ige also revealed that significant progress has been made on many of the projects and are, therefore, expected to be commissioned this year to ameliorate the social and economic conditions of Lagosians. ....

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