Since Mr Tinubu assumed power in 2023 more Nigerians have been plunged into the pit of poverty.
The second offer is a three-year FGN savings bond due on June 11, 2028, at an interest rate of 17.121 per cent per annum.
The second offer is a three-year FGN savings bond due on January 22, 2028, at an interest rate of 18.235 per cent per annum.
According to the DMO, the FGN bonds are offered at N1,000 per unit subject to a minimum subscription of N50 million and in multiples N1,000 thereafter.
DMO has offered two federal government savings bonds for subscription at N1,000 per unit.
According to the DMO, the first offer is an April 2029 FGN bond valued at N100 billion at an interest rate of 19.30 per cent per annum (five-year re-opening).
The federal government, through DMO, has offered three FGN bonds valued at N150 billion each for subscription at N1,000 per unit.
In a statement on Tuesday in Abuja, DMO said the first offer was a March 2027 FGN bond valued at N90 billion.
Nigeria’s total public debt stock hit N87.91 trillion ($114.35 billion) in Sept. 2023, according to the latest figures from the DMO.
On Monday, the Debt Management Office (DMO) listed two federal government savings bonds for subscription at N1,000 per unit.
