DMO raises N4.9trn for ways and means, says domestic market major source of funding for FG

The Debt Management Office (DMO) has disclosed that it has raised N4.9 trillion out of the N7.3 trillion approved for Ways and Means securitisation.

This is even as the DMO disclosed that the Nigerian domestic securities market remains a major source of funding for the Federal Government.

Patience Oniha, DMO’s Director-General (DG), made this known on Monday during an interactive session with primary dealers in the federal government securities market in Lagos.

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