Lagos State Government initiate a Debt Issuance Programme

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Uploaded by on Mar 26, 2010

(www.abndigital.com)
Well, in aiding capital expenditure accounts - and so the budget - we saw Lagos State Government initiate a Debt Issuance Programme, as part of ongoing effort to raise capital targeted at achieving the transformation of Lagos into a true mega city backed by modern infrastructures. Lagos State officials announced this week that they're about to place the second tranche of this N275 billion - debt programme which was initiated back in 2008. This total equating to 1.8bn in dollar terms. And to discuss the issuance Bolaji Balogun - Ceo of Chapel Hill Denham joins us now from our studios in Lagos.

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  • Eye-opening! Very interesting.

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