Investor Presentaiton
CONFIDENTIAL
Nigeria Overview: 2024 Debt Financing Plan
BANK OF INDUSTRY
...transforming Nigeria's industrial sector
Below are the sources of funding of the Fiscal Deficit of N9.178 trillion in the 2024 Appropriation
Act.
Sources
Privatisation Proceeds
Multi-lateral / Bi-lateral Project-tied Loans
New Borrowings
•
New Domestic Borrowing
New External Borrowing
Amount (N' Billion)
298.48
1,051.91
7,828.52
6,060.91
1,767.61
The New Domestic Borrowing of N6.06 trillion will be funded through the issuance of FGN
Securities: FGN Bonds, Nigerian Treasury Bills, Sukuk, Green Bond and FGN Savings Bond.
The New External Borrowing of N1.76 trillion will be funded mainly through the issuance of
Eurobonds and new multilateral and bilateral loans, including Export Credit subject to
market and availability, respectively.
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