The Debt Management Office (DMO) has urged Nigerians to invest in the various securities provided by the federal government of Nigeria (FGN), describing it as an act of patriotism.
Patience Oniha, director-general, DMO, said this at the FGN securities issuance awareness programme in Yola on Wednesday.
Oniha, represented by Isiaku Muhammed, the team leader, project unit, DMO; said by investing in FGN securities, citizens are contributing to nation-building and assisting the government to meet its financial obligations.
She noted that the organisation was a government agency saddled with the responsibility of managing the nation’s public debt portfolio.
“In carrying out that responsibility, the DMO also has the responsibility of issuing FGN securities which offer good investment opportunities for the citizenry,” Oniha said.
“By investing in those securities, citizens are contributing to nation-building.
“Apart from the advantages that investors get, it is also an act of patriotism. It is a way of contributing your quota to the development of Nigeria.”
Oniha also said securities are awards of indebtedness, adding that they were risk-free and secure.
