Nigeria: 11 states get bonds as excess crude account hits $2.2 Billion

22 August 2015, Abuja – The federal government bonds have been issued to 11 states in order to address fiscal imbalance, the director-general of the Debt Management Office told the National Economic Council (NEC) meeting. He said based on President Muhammadu Buhari’s approval on the plan to restructure bank loans of states into the Federal Government […] More »