{"id":7523,"date":"2017-12-18T03:52:31","date_gmt":"2017-12-18T03:52:31","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/ogun-to-issue-infrastructure-bond\/"},"modified":"2017-12-18T03:52:31","modified_gmt":"2017-12-18T03:52:31","slug":"ogun-to-issue-infrastructure-bond","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/ogun-to-issue-infrastructure-bond\/","title":{"rendered":"Ogun to issue infrastructure bond"},"content":{"rendered":"<p>\n<\/p>\n<div readability=\"40.285545722714\">\n<article data-post-type=\"post\" data-post-id=\"499042\" readability=\"27\">\n<div id=\"attachment_419498\" class=\"wp-caption alignnone\" readability=\"32\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun.jpg?resize=1280%2C720&#038;ssl=1\" data-lazy-src=\"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/plugins\/ventra-lazy-load\/images\/1x1.trans.gif?ssl=1\" data-lazy-srcset=\"https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun.jpg 1280w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-640x360.jpg 640w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-1062x598.jpg 1062w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-320x180.jpg 320w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-281x158.jpg 281w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-562x316.jpg 562w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-531x299.jpg 531w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-487x274.jpg 487w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-974x548.jpg 974w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-600x338.jpg 600w\" alt=\"\" width=\"1280\" height=\"720\" class=\"size-full wp-image-419498 lazyload\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\"\/><noscript><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun.jpg?resize=1280%2C720&#038;ssl=1\" alt=\"\" width=\"1280\" height=\"720\" class=\"size-full wp-image-419498 lazyload\" srcset=\"https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun.jpg 1280w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-640x360.jpg 640w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-1062x598.jpg 1062w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-320x180.jpg 320w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-281x158.jpg 281w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-562x316.jpg 562w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-531x299.jpg 531w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-487x274.jpg 487w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-974x548.jpg 974w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/09\/Ibikunle-Amosun-600x338.jpg 600w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\"\/><\/noscript><\/p>\n<p class=\"wp-caption-text\">Ogun State governor Senator Ibikunle Amosun<\/p>\n<\/div>\n<p>The Ogun State governor, Senator Ibukunle Amosun has announced  plan to begin initial discussions for possible bond issuance that would correct the current <a href=\"https:\/\/amazingproperty.com.ng\/blog\/get-quick-loan-for-real-estate-investment\/\">funds<\/a> mismatch where short-term borrowing is being used for long-term projects in the state.<\/p>\n<p>The Governor made this known when he led a delegation from his administration to the Nigerian Stock Exchange (NSE) in Lagos. Addressing the participants, Amosu noted that government in the past six years have committed huge spending aimed at improving the infrastructural fundamentals of the state.<\/p>\n<p>According to him, the initiative would determine how much the state could borrow from the market, at what rate and how it would be receive by prospective investors. He noted that the state\u2019s internally generated revenue (IGR), which was just N700 million monthly when he assumed office in his first term (2011-2015), among other determinants of the bond size, which is also dependent on ability to repay.<\/p>\n<p>\u201cThe main focus of his administration is mainly on infrastructural development to enable the state become the nation\u2019s investment hub in a near future. I came here to see the opportunities that abound (in the Nigerian capital market) and I know that there is always opportunities in the capital market but you don\u2019t jump into it, you need to prepare yourself\u201d.<\/p>\n<p>He said his government has successfully raised the states\u2019 IGR tenfold to N7billion, by partnering with many companies operating within the state\u2019s industrial hubs and through up scaling security.<\/p>\n<\/article>\n<p>\t\t\t<br class=\"clear\"\/><br \/>\n\t\t\t<br class=\"clear\"\/><\/p><\/div>\n<p><a hre=\"http:\/\/guardian.ng\/property\/ogun-to-issue-infrastructure-bond\/\"> Guardian <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ogun State governor Senator Ibikunle Amosun The Ogun State governor, Senator Ibukunle Amosun has announced plan &hellip; <a title=\"Ogun to issue infrastructure bond\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/ogun-to-issue-infrastructure-bond\/\"><span class=\"screen-reader-text\">Ogun to issue infrastructure bond<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7245,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[1399,684,522,41],"class_list":["post-7523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-development","tag-lagos","tag-nigeria","tag-property"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/Ibikunle-Amosun.jpg?fit=1280%2C720&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":5004,"url":"https:\/\/amazingproperty.com.ng\/blog\/kresta-laurel-gets-subsidiary\/","url_meta":{"origin":7523,"position":0},"title":"Kresta Laurel gets subsidiary","author":"Amazing Property","date":"June 19, 2017","format":false,"excerpt":"The Chairman of Kresta Laurel Limited and former Governor of Ogun State, Otunba Gbenga Daniel, an engineer,\u00a0explained that the growing demand for the development of critical infrastructure and construction projects in Nigeria led to the birth of the company. One of Nigeria\u2019s leading indigenous engineering companies, Kresta Laurel Limited has\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/Otunba-Gbenga-Daniel-.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/Otunba-Gbenga-Daniel-.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/Otunba-Gbenga-Daniel-.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/Otunba-Gbenga-Daniel-.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/Otunba-Gbenga-Daniel-.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":2206,"url":"https:\/\/amazingproperty.com.ng\/blog\/vitafoam-unveils-new-vono-facility-ogun-state\/","url_meta":{"origin":7523,"position":1},"title":"Vitafoam Unveils New Vono Facility in\u00a0\u00a0Ogun State","author":"Amazing Property","date":"March 21, 2017","format":false,"excerpt":"\u00a0 By Joshua Odebisi Vono Furniture Products Limited, a subsidiary of Vitafoam Nigeria Plc, last week\u00a0\u00a0\u00a0led\u00a0top officials of the Ogun State Government on a tour of its factory at\u00a0\u00a0Dalemo, Sango-Ota. The entourage included the Commissioner for Commerce and Industry, Otunba Bimbo Ashiru; Commissioner for Health, Dr. Babatunde Ipaye and Special\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/Vitafoam.jpg?fit=696%2C420&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/Vitafoam.jpg?fit=696%2C420&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/Vitafoam.jpg?fit=696%2C420&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":5065,"url":"https:\/\/amazingproperty.com.ng\/blog\/mixta-boosts-affordable-housing-with-n5-billion-liquidity\/","url_meta":{"origin":7523,"position":2},"title":"Mixta boosts affordable housing with N5 billion liquidity\u00a0","author":"Amazing Property","date":"June 26, 2017","format":false,"excerpt":"Head, Business Development and Retail Sales, Mixta Nigeria, Mr. Tunji Osinulu; Deputy CEO, Mixta Africa, Mr. Daniel Font; Creative Director, BAP Productions, Mrs. Bolanle Austen-Peters and MD, Mixta Nigeria, Mr. Kola Ashiru-Balogun at the briefing. 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