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Lagos Makes an Early Redemption of its Bonds
30 May, 2021 The Lagos State Government recently completed the successful call and redemption of some of its bonds earlier than the date they were due. These bonds include: the N46.37Billion bond at the interest rate of 16.75% and the N6.91 billion bond which was at the rate of 15.60%, all of which were issued under the N500 […]
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Lagos to Partner with Local and International Stakeholders to Enhance Food Security
30 May, 2021 The Lagos State Government has concluded its plans to partner with local and international stakeholders in ensuring food security for residents of the State. Mr. Sam Egube, the State Commissioner for Economic Planning and Budget, disclosed this during his appearance on the TVC News Business Nigeria Programme, which was tagged, “Evaluating Effect of State Government […]
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Proceeds From N100bn Bond Utilised For Capital Projects – DMO
30 May, 2021 Mr. Olujimi Ige, the Permanent Secretary for the Lagos State Debt Management Office (DMO), has disclosed that funds accessed by the State Ministries, Departments, and Agencies, from the N100 billion bond issued in January, 2020, were used to meet developmental and capital projects across the State. He commented on the bond issued early in […]
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Y2021 Budget Analysis. Facts Behind the Figures with Business and Financial Stakeholders
22 May, 2021 Y2021 Budget Analysis. Facts Behind the Figures with Business and Financial Stakeholders
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SFTAS
4 May, 2021 The States Fiscal Transparency, Accountability and Sustainability (SFTAS) scheme was set up to strengthen the fiscal transparency, accountability, and sustainability of budgetary process for all participating States. Initiated by the Federal government and supported by the World Bank, it’s goal is to provide grants to States that have complied with the annual eligibility criteria to […]
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