Lagos, Issuing Houses Seal Deal on N47bn Bond To create 900, 000 Jobs through Employment Trust Fund
The Lagos State Government yesterday announced the closing of its N47 billion 16.5 per cent 2023 Series 1 Bond Issuance under the N500 billion Third Debt Issuance Programme targeted at improving the physical and social infrastructure base of the
State. At the signing ceremony held at the Lagos House, Ikeja, Governor Akinwunmi Ambode said that despite the continued challenges in the economy and difficult market conditions which have seen the last three Federal
Government Bond auctions undersubscribed by an average 32 per cent, Lagos State sold some 80 per cent of the bonds it offered at a 57bps spread to the sovereign. He expressed appreciation for the confidence investors
have reposed in the State Government, saying that it was an eloquent testimony of the government’s credit worthiness. He said: “We are truly humbled by the confidence investors have once again demonstrated in the Lagos
State credit story. The state government remains committed to improving the physical and social infrastructure base of the state and proud of its reputation as a most responsible issuer in the Nigerian capital markets”. The governor also acknowl-
edged the support received in the issuance process from the Minister of Finance, Mrs. Kemi Adeosun, as well as the Attorney General of the Federation and Minister for Continued on page 6
Boko Haram Attacks Military in Borno, 15 Terrorists Killed, Says Army … Page 6 Saturday 31 December, 2016 Vol 21. No 7926. Price: N250
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CAN Expresses Concern about Buhari's Silence on Southern Kaduna Killings Declares January 8 national day of mourning
Adedayo Akinwale in Abuja The Christian Association of Nigeria (CAN) yesterday expressed concerrn about the silence of President Muhammadu Buhari on the persistent killing of Christians in Southern part of Kaduna State, describing it as “perceived official endorsement” of the dastardly act by the President. The National General Secretary of CAN, Reverend Musa Asake expressed this concern at a press conference in Abuja,
where he noted that Christians had been subjected to systematic genocide and persecution since 2009, especially by the Boko Haram sect. Asake said: "I have been directed by the President of the Christian Association of Nigeria (CAN) Dr. Samson Ayokunle to bring to your attention the on-going ethnic/ religious cleansing of Nigerian Christians in general and those of Southern Kaduna in particular Continued on page 6
Budget 2017: Buhari, Saraki Meet Again Getting economy out of recession tops agenda Tobi Soniyi in Abuja President Muhammadu Buhari and the President of the Senate, Bukola Saraki, yesterday met behind closed on the last working day of the year to deliberate on pressing national issue. Also yesterday, the president assented to Endangered Species Control of International Trade and Traffic Amendment Act 2016, earlier passed by the National Assembly. The President of the Senate, who arrived at about noon, also joined Buhari to observe
the Jumat prayer at the Villa. Saraki’s media aide, Yusuf Olaniyonu later told THISDAY that the smooth passage of the 2017 budget and other issues concerning the economy that must be quickly dealt with, topped the agenda of the meeting. Saraki, who spoke with State House Correspondents on what Nigerians should expect in 2017 from the National Assembly said: "In 2017, our attention will be on the economy because that is really a major issue Continued on page 6
SAVING THE ENDANGERED SPECIES…
President Muhammadu Buhari signing the last bill for 2016 “International Control and trafficking Amendment act 2016 “ , while the Senior Special Assistant to the President on National Assembly Matters (Senate), Mr. Ita Enang looks on at the Presidential Villa, GODWIN OMOGUI Abuja …yesterday
Enugu Clash: No Mosque Was Burnt, Say Cattle Dealers ...Page 6