On the important role the DMO plays, Popoola commended the DG for making the debt market transparent to all Nigerians and for making it easy for people to see developments happening in the Nigerian debt story.
Speaking on the impact of these listings, Oniha said the collaborations with NGX were in furtherance of the development of the Nigerian economy as the issuance of the securities was being used to fund government projects. “The Sukuk transaction, which began in 2017, gradually improved with the first two transactions being N100bn and the last one now at N250bn. With all the work market operators are doing, people are now getting more familiar and comfortable with these transactions. At DMO, we are supporting the government and creating more investment opportunities just as we are also collectively supporting securities transactions at NGX.”All rights reserved.