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|TABLE 1: FGN N100 BILLION SOVEREIGN SUKUK INVESTOR DISTRIBTUION|
|INVESTOR CATEGORY||AMOUNT (NAIRA)||PERCENTAGE|
|PENSION FUND ADMINISTRATORS||40,692,000,000||40.69|
|DEPOSIT MONEY BANKS||17,500,000,000||17.50|
|FUND MANAGERS & NON-BANK FINANCIAL INSTITUTIONS||11,652,602,500||11.65|
|NON-INTEREST BANKS/ETHICAL FUNDS||10,943,701,500||10.94|
|OTHER INSTITUTIONS INVESTORS||1,885,285,000||1.89|
ü The Trustees (FBNQuest Trustees Limited and STL Trustees Limited) both registered by Securities & Exchange Commission will monitor the disbursement of the Sukuk Proceeds.
ü The Sukuk Proceeds have been ring-fenced in a dedicated account at the Central Bank of Nigeria to ensure that they are utilised only for the Road Projects.
January 10, 2019
The Honourable Minister of Finance Presents Symbolic N100 Billion Sukuk Cheque to the Federal Ministry of Power, Works And Housing
Nigeria’s Total Public Debt Stock comprising the External and Domestic Debts of the Federal Government of Nigeria (FGN), the 36 States and the Federal Capital Territory (FCT) stood at USD73.213 Billion or N22.429 Trillion. These were about the same as the figures of USD73.208 Billion and N22.38 Trillion recorded in June 2018.