The Debt Management Office revealed that Sukuk funding is currently rehabilitating the Outer Marina Road in Lagos.
The amount to be raised is expected to be within the external borrowing plans for 2021.
The DMO has listed its third sovereign Sukuk on the Nigerian Stock Exchange and the FMDQ Securities Exchange.
The FG has announced plans to step up its use of sovereign guarantees to fund infrastructural development.
The FEC has approved a new Medium Term Debt Management Strategy (MTDS) for Nigeria.
FGN bond offer has received a total bid of N238.28 billion across all tenors.
The DMO has offered for subscription, FGN Bonds valued at N150 billion for January 2021.
As at the end of 2019, the total value of unclaimed dividends stood at 158.44bn.
December 2020 FGN Bonds have been oversubscribed by over N70 billion, DMO has said.
DMO has offered for subscription Federal Government Bonds (FGN Bonds) valued at N60 billion.
