The Lagos State Debt Management Office on Thursday organised a two-day capacity training programme for its staff tagged: “Debt Instrument: Maximising Benefits and Incentives”.

The Permanent Secretary, Debt Management Office, Mrs. Rukayat Alake Sanusi, in her opening remarks, explained that the workshop was designed to bridge the knowledge gap about bonds and fixed income instruments, adding that the session would provide an up-to-date market knowledge on the instruments and players in the Money and Capital Markets.

Mrs. Sanusi stated that the workshop will dwell on in-depth customised training for selected staff of the Debt Management Office (DMO) saddled with the responsibility to prudently manage Lagos State’s debt profile as well as source financing for the government’s infrastructural projects.

Expressing appreciation to Governor Babajide Sanwo-Olu for approving the training, the Permanent Secretary acknowledged his commitment to continued training and retraining of staff to ensure that they imbibe global best practices.

In her words: “The world is moving at a fast pace and we cannot afford to lag behind. In recent years, the Bond Markets have witnessed significant changes and developments and Lagos State has been a part of the growth given its debt issuance programme in the Capital Market”.

She also appreciated the facilitators, NGX Academy, for their collaboration with the State Government and expressed hope that they will continue to partner with the Office in its capacity-building drive for Staff.

Speaking on behalf of NGX, the Head of X Academy, Ms. Ugochi Obi, expressed her organisation’s passion for training and commended the Lagos State Government for being at the forefront of Debt Issuance in Nigeria

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