ABUJA, FEBRUARY 23, 2017 – The federal government is finalising arrangements to issue the nation’s first green bond in the first quarter of this year.
The Minister of Environment, Mrs. Amina Mohammed, stated this while answering questions from State House correspondents at the end of a meeting of the Federal Executive Council (FEC).
Green bonds enable capital-raising and investment for new and existing projects with environmental benefits.
The Sovereign Green Bonds project is part of a strategic process by the federal government to add to the nation’s funding options to stimulate the rebound of the economy and offer the vast majority of Nigerians a new alternative.
Mohammed said the bonds had attracted much interest with people bringing their technical supports.
