Abike Dabiri-Erewa, Senior Special Assistant to the President on Foreign Affairs made this call in a statement by her Media Assistant, Mr Abdurrahman Balogun, on Monday in Abuja.
According to Dabiri-Erewa, the Diaspora bond would be used to raise funds from Nigerians in the Diaspora to finance capital projects and provide an opportunity for them to participate in the development of the country.
Recall that the Debt Management Office (DMO) had announced the commencement of a global offering of Nigeria’s first Diaspora Bond.
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The DMO also filed a registration statement for the bonds with the U.S Securities and Exchange Commission, UK Listing Authority and the London Stock Exchange Plc.
“The bonds will be direct general obligations of Nigeria and will be denominated in U.S. dollars.
“The international Joint Lead Managers are Bank of America Merrill Lynch and The Standard Bank of South Africa Limited.
“The Nigerian Joint Lead Managers are First Bank of Nigeria Limited and United Bank for Africa Plc,’’ she quoted DMO as saying.
She said that the DMO added that there would be a series of investor meetings in the UK, the U.S. and Switzerland from June 13.