The Nigerian Government has $500m commitment for the $1bn Eurobond it intends to issue before the end of the year.
Minister of Finance,Kemi Adeosun says any decision to increase the size of the offer will depend on pricing.
The country slipped into recession for the first time in 25 years in the second quarter of this year, largely due to low global oil prices.
Advertisement
President Muhammadu Buhari has laid out plans to spend $21.83billion to help pull the country out of recession in a draft 2017 budget sent to the National Assembly.
The Government has struggled to fund the $19.27 billion budget set for 2016.
Advertisement
Does your site have a contact page? I’m having trouble locating it but, I’d like to send you an email. I’ve got some ideas for your blog you might be interested in hearing. Either way, great site and I look forward to seeing it expand over time.