Pursuant to the Local Loans (Registered Stock and Securities) Act, CAP. L17, LFN 2004

FBN MERCHANT BANK LIMITED
&
LOTUS FINANCIAL SERVICES LIMITED
(the “Financial Advisers”)
on the authority of the

FEDERAL GOVERNMENT OF NIGERIA
Offers for Subscription through

FGN ROADS SUKUK COMPANY 1 PLC (FGN RSC1)
and is authorized to receive applications for the
N100,000,000,000 7-Year Ijarah Sukuk due 2024

Rental Rate: 16.47%

Opening Date:September 14, 2017

Closing Date: September 20, 2017

Settlement Date:
September 22, 2017 (T+2)

SUMMARY OF THE OFFER
INTERESTED INVESTORS SHOULD CONTACT THE FINANCIAL ADVISERS TO THE ISSUE FBN Merchant Bank Ltd. 10, Keffi Street Off Awolowo Road S.W. Ikoyi, Lagos Tel 1: +234-1-270 2290-4 Lotus Financial Services Ltd. 1b, Udi Street Osborne Foreshore Estate Osborne Road, Ikoyi, Lagos Tel 1: +234-1-291 4626 Or download the Prospectus and Application Form at: www.dmo.gov.ng www.fbnmerchantbank.com www.lotuscapitallimited.com

RECEIVING BANKS
First Bank Of Nigeria Ltd.
Guaranty Trust Bank Plc.
Jaiz Bank Plc.
Stanbic IBTC Bank Plc.
Sterling Bank Plc.
Unity Bank Plc.
Zenith Bank Plc.

PLACEMENT AGENTS
Access Bank Plc.
Citi Bank Nigeria Ltd.
Coronation Merchant Bank Ltd.
Ecobank Nigeria Ltd.
FBN Merchant Bank Ltd.
First Bank Nigeria Ltd.
First City Monument Bank Plc.
FSDH Merchant Bank Ltd.
Guaranty Trust Bank Plc.
Stanbic IBTC Bank Plc.
Standard Chartered Bank Nigeria Ltd.
United Bank For Africa Plc.
Zenith Bank Plc.

INSTRUMENT TYPE:
Ijarah (Lease) Sukuk

ISSUER:
FGN Roads Sukuk Company 1 Plc. on behalf of the Federal Government of Nigeria.

UNITS OF SALE:
N1,000 per unit subject to a minimum Subscription of N10,000 and in multiples of N1,000 thereafter.

RENTAL PAYMENT:
Payable Half Yearly.

REDEMPTION:
Bullet repayment on the date of maturity.

USE OF PROCEEDS:
Proceeds will be used solely for the construction and rehabilitation of key roads across the six geopolitical zones of the country.

INSPECTION OF OFFER DOCUMENTS:
Offer documents are available for inspection at the offices of the Debt Management Office and the Financial Advisers.

STATUS:
1. Qualifies as securities in which trustees can invest under the Trustee Investment Act.
2. Qualifies as Government securities within the meaning of Company Income Tax Act (“CITA”) and Personal Income Tax Act (“PITA”) for Tax Exemption for Pension Funds, amongst other investors.
3. To be listed on The Nigerian Stock Exchange and FMDQ OTC Securities Exchange.
4. Classified as Liquid Asset by the Central Bank of Nigeria.
5. Certified by the Financial Regulatory Advisory Council of Experts (FRACE) of the Central Bank of Nigeria.

SECURITY:
Backed by the full faith and credit of the Federal Government of Nigeria.

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Is this for investment purposes?

And did they have online contact, where people can easy reach them for more inquiries?

And what is it's benefits?

When is the next sukuk bond offer