FGN PARLEYS WITH INVESTORS ON GREEN BONDS

The Federal Government of Nigeria  will on Thursday, February 23 parley with investors to pave the way for the issuance of first ever green bonds in the country.

Green bonds are government long term debt securities issued specifically for environment friendly and management projects.

Nigeria's green bonds mat likely be the first in an emerging market and will hope to tap into world wide green bond market estimated at $576bn and $118bn for labelled and unlabelled bonds respectively.

Thr conference takes place at the Nigerian stock exchange starting from 8am with the Acting President of Nigeria, Professor Yemi Osibajo delivering the keynote address.

In attendance will federal ministers of finance Mrs Kemi Adeosun and Environment, Mrs Amina Mohammed while the governors of Lagos state and Ogun state are expected as special guests.

It will feature panel discussions; an exhibition and presentation of identified projects in energy, agriculture, transport and environment with international investors and business leaders expected to participate.

The two Federal ministers had on January 12, set up Public private advisory group on green bonds and the Thursday conference is being supported by the Nigerian stock exchange, Citi bank, Chapel Hill Denham and Climate bonds.

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