{"id":119174,"date":"2024-05-21T10:21:08","date_gmt":"2024-05-21T09:21:08","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/nigerian-govt-raised-n4-9tn-from-n7-3tn-securitized-ways-means-dmo"},"modified":"2024-05-21T13:38:58","modified_gmt":"2024-05-21T12:38:58","slug":"nigerian-govt-raised-n4-9tn-from-n7-3tn-securitized-ways-means-dmo","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-raised-n4-9tn-from-n7-3tn-securitized-ways-means-dmo","title":{"rendered":"Nigerian govt raised N4.9tn from N7.3tn securitized ways, means \u2013 DMO"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Debt Management Office has said that the Nigerian federal government has raised N4.9 trillion from N7.3 trillion Ways and Means Central Bank of Nigeria advance.<\/p>\n

The Director General of DMO, Patience Oniha, disclosed this on Monday in Lagos State at an interactive session with primary dealers in federal government securities markets.<\/p>\n

She noted that domestic securities remain a major source of federal government spending.<\/p>\n

\u201cLast year, we raised seven trillion Naira as new domestic borrowing. It speaks to the domestic market\u2019s size, resilience, and sophistication, unlike in many African markets.<\/p>\n

\u201cOut of the new domestic borrowing of six trillion Naira, we have raised N4.5 trillion. For the Ways and Means, out of seven trillion approved for securitization, we have raised N4.905 trillion.<\/p>\n

\u201cThe financial sector has come a long way, and this is another strategic meeting to chart a way forward.\u201d<\/p>\n

In December last year, the Senate approved securitization of N7.3 trillion ways and means outstanding debts.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Debt Management Office has said that the Nigerian federal government has raised N4.9 trillion from N7.3 trillion Ways and Means Central Bank of Nigeria advance. The Director General of DMO, Patience Oniha, disclosed this on Monday in Lagos State at an interactive session with primary dealers in federal government securities markets. She […]<\/p>\n","protected":false},"author":84,"featured_media":119172,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,2321,254,227],"class_list":["post-119174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-dmo","tag-nigeria","tag-nigerian-govt"],"yoast_head":"\nNigerian govt raised N4.9tn from N7.3tn securitized ways, means \u2013 DMO - Nigeria<\/title>\n<meta name=\"description\" content=\"Debt Management Office has said that the Nigerian federal government has raised N4.9 trillion from N7.3 trillion Ways an ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-raised-n4-9tn-from-n7-3tn-securitized-ways-means-dmo\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigerian govt raised N4.9tn from N7.3tn securitized ways, means \u2013 DMO\" \/>\n<meta property=\"og:description\" content=\"Debt Management Office has said that the Nigerian federal government has raised N4.9 trillion from N7.3 trillion Ways an ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-raised-n4-9tn-from-n7-3tn-securitized-ways-means-dmo\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-21T09:21:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-21T12:38:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/05\/sm_1716278466.782102.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"919\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-raised-n4-9tn-from-n7-3tn-securitized-ways-means-dmo#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-raised-n4-9tn-from-n7-3tn-securitized-ways-means-dmo\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Nigerian govt raised N4.9tn from N7.3tn securitized ways, means \u2013 DMO\",\"datePublished\":\"2024-05-21T09:21:08+00:00\",\"dateModified\":\"2024-05-21T12:38:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-raised-n4-9tn-from-n7-3tn-securitized-ways-means-dmo\"},\"wordCount\":182,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-raised-n4-9tn-from-n7-3tn-securitized-ways-means-dmo#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/05\/sm_1716278466.782102.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"DMO\",\"Nigeria\",\"Nigerian Govt\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-raised-n4-9tn-from-n7-3tn-securitized-ways-means-dmo#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-raised-n4-9tn-from-n7-3tn-securitized-ways-means-dmo\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-raised-n4-9tn-from-n7-3tn-securitized-ways-means-dmo\",\"name\":\"Nigerian govt raised N4.9tn from N7.3tn securitized ways, means \u2013 DMO - 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