FEDERAL GOVERNMENT TO RAISE N758BN BOND FOR BACKLOG OF PENSION LIABILITIES
The Federal Executive Council, FEC, yesterday gave approval to the Debt Management Office to raise a N758 billion bond to clear the backlog of pension liabilities for all categories of pensioners. FEC also approved a 30 million euro long-term concessional financing by the French Development Agency to support students in the area of accommodation in conjunction with Family Homes Limited as the partner and implementer. Minister of Finance and Coordinating […]