FG’s Dollar Bond Oversubscription Not Solution To Exchange Rates Crisis- Ogidan

The Managing Director and Chief Executive Officer of Successory Nigeria Ltd, Dr. Steve Ogidan, has said that the inaugural domestic Federal Government of Nigeria (FGN) US Dollar Bond which was oversubscribed by 180 per cent to $900m is not a guaranteed solution for exchange rate crisis.

Ogidan said this during an interview with THE WHISTLER following the announcement made by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun about the success of the $500m bond.