FG raises N669bn from capital market through Sukuk bonds

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Federal Government raised the sum of N669 billion from the Nigerian capital market through issuance of Sukuk Bonds.

“We will be going out to international capital market and already we have very positive indications to that regard,’’ she added.

“This company will serve as a platform for seamless public private partnership in infrastructure financing in the country, interfacing with institutions such as Central Bank of Nigeria, the Nigerian Sovereign Investment Authority, the pension funds and other financial institutions,’’ she said.“It is a known fact that no nation of the world attains optimal infrastructure development without the efficient use of its capital market.

“The NCM has over the years provided access to significant long-term development projects to the government of Nigeria and also to the other tiers of government and also the private sector. “Through the diversification of the economy to increase investment in infrastructure, digitisation of the economy, improvement in the ease of doing business, and development of human capital.

 

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Anybody from the SE when use any facility govt provide from these money hehn….

Nawa o, and we de suffer for the same country!

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