- The federal government is in need for money to attend to pressing needs in the nation
- The government plans to raise 20 billion naira by March 2017
- The government has several projects lined up for the funds

The federal government of Nigeria plans to raise 20 billion naira by March 2017 to fund several projects as Nigeria continues to battle recession.

Minister Mohammed says government will sell the bond in the first quarter The government and its officials have always insisted that the government needs a lot of funds to plug Nigeria’s infrastructure deficit.

“We are on track to sell the bond in the first quarter, a sovereign, and could have another by the end of the year.

“The exchequer can’t get all the money we need. That’s why we must leverage these innovative ways to get funds from the international community,” minister of environment, Amina Mohammed told Bloomberg on Friday, December 9.

Earlier this week, minister of finance, Kemi Adeosun told journalists that Nigeria will issue its third Eurobond, worth $1 billion, in January 2017.

Mohammed listed some of the projects the government is planning to undertake.

Read below:

1. Fund an electric-vehicle commuter project in some cities
2. Tree-planting projects in the north
3. Off-grid solar-power projects producing as much as 1,200 megawatts in the north
4. Support environment-friendly projects in the Niger Delta where the government aims to eliminate gas flaring by 2019
5. Continue the clean-up of the Ogoni land oil spills

https://www.naij.com/1077033-fg-sell-n20-billion-green-bonds-march-2017.html

see them these awon olo shi

What are the yields and maturity dates.

Blue3k:
What are the yields and maturity dates.

Help me to ask him.... The people are wiser now

smh