DOCSLIB.ORG

LASG-Shelf-Prospectus.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
LASG-Shelf-Prospectus.Pdf THIS DOCUMENT IS IMPORTANT AND YOU ARE ADVISED TO CAREFULLY READ AND UNDERSTAND ITS CONTENTS. IF YOU ARE IN DOUBT ABOUT ITS CONTENTS OR THE ACTION TO TAKE PLEASE CONSULT YOUR STOCKBROKER, SOLICITOR, BANKER OR AN INDEPENDENT INVESTMENT ADVISER. For information about risk factors which should be considered by prospective investors, see Risk Factors on page 40-42 LAGOS STATE GOVERNMENT N500,000,000,000 DEBT ISSUANCE PROGRAMME For the Issuance of a Bond or Series of Bonds with maturities of 5 years and longer THIS SHELF PROSPECTUS AND THE SECURITIES THAT IT OFFERS HAVE BEEN APPROVED AND REGISTERED BY THE SECURITIES & EXCHANGE COMMISSION. IT IS A CIVIL WRONG AND CRIMINAL OFFENCE UNDER THE INVESTMENTS & SECURITIES ACT (NO. 29 OF 2007) TO ISSUE A PROSPECTUS WHICH CONTAINS FALSE OR MISLEADING INFORMATION. THE CLEARANCE AND REGISTRATION OF THIS PROSPECTUS AND THE SECURITIES WHICH IT OFFERS DOES NOT RELIEVE THE PARTIES FROM ANY LIABILITY ARISING UNDER THE ACT FOR FALSE AND MISLEADING STATEMENTS CONTAINED HEREIN OR FOR ANY OMISSION OF A MATERIAL FACT. “THIS SHELF PROSPECTUS IS TO BE READ AND CONSTRUED IN CONJUCTION WITH ANY SUPPLEMENT THERETO AND ALL DOCUMENTS WHICH ARE INCORPORATED HEREIN, BY REFERENCE AND, IN RELATION TO ANY TRANCHES (AS DEFINED HEREIN) OF INSTRUMENTS, TOGETHER WITH THE APPLICABLE PRICING SUPPLEMENT. THIS SHELF PROSPECTUS SHALL BE READ AND CONSTRUED ON THE BASIS THAT SUCH DOCUMENTS ARE INCORPORATED HEREIN AND FORM PART OF THIS SHELF PROSPECTUS” THE REGISTRATION OF THE SHELF PROSPECTUS AND ANY PRICING SUPPLEMENT THEREAFTER DOES NOT IN ANY WAY WHATSOEVER SUGGEST THAT THE SECURITIES & EXCHANGE COMMISSION ENDORSES OR RECOMMENDS THE SECURITIES OR ASSUMES RESPONSIBILITY FOR THE CORRECTNESS OF ANY STATEMENT MADE OR OPINION OR REPORT EXPRESSED THEREIN. THE ISSUER ACCEPTS RESPONSIBILITY FOR THE INFORMATION CONTAINED IN THIS DOCUMENT. TO THE BEST OF ITS KNOWLEDGE AND BELIEF (HAVING TAKEN ALL REASONABLE CARE TO ENSURE THAT SUCH IS THE CASE), THE INFORMATION CONTAINED IN THIS DOCUMENT IS IN ACCORDANCE WITH THE FACTS AND DOES NOT OMIT ANYTHING LIKELY TO AFFECT THE IMPORT OF SUCH INFORMATION. INVESTORS ARE ADVISED TO NOTE THAT LIABILITY FOR FALSE OR MISLEADING STATEMENTS OR ACTS MADE IN CONNECTION WITH THIS SHELF PROSPECTUS IS PROVIDED IN SECTIONS 85 AND 86 OF THE INVESTMENTS & SECURITIES ACT 2007 THIS SHELF PROSPECTUS IS VALID FOR AN INDEFINITE PERIOD UNTIL DETERMINED BY THE COMMISSION ACCORDING TO RULES 279 (3)(5)(II) OF THE SEC RULES (SUNDRY AMENDMENTS, APRIL 2015 LEAD ISSUING HOUSE/BOOK RUNNER: RC 622258 JOINT ISSUING HOUSES/BOOK RUNNERS: RC 485600 RC 733583 RC 672560 RC 1031358 RC 370890 RC 444999 RC 639491 This Shelf Prospectus is dated the 30th day of December 2016 This Shelf prospectus will be available on the following websites throughout the Validity Period www.lagosstate.gov.ng www.sec.gov.ng Table of Contents 1. DEFINITION OF TERMS ........................................................................................................................................ 4 2. INFORMATION IN RESPECT OF THE SHELF PROSPECTUS .............................................................................................. 8 3. PARTIES TO THE OFFER ...................................................................................................................................... 10 4. THE PROGRAMME ............................................................................................................................................. 15 5. DECLARATION BY THE ISSUER ............................................................................................................................ 16 6. PARTICULARS OF THE PROGRAMME ...................................................................................................................... 17 6.1 SUMMARY OF TERMS & CONDITIONS OF THE PROGRAMME ..................................................................................................................... 17 6.2 TERMS & CONDITIONS OF THE BONDS .................................................................................................................................................. 20 7. TAX CONSIDERATIONS ...................................................................................................................................... 26 8. LAGOS STATE .................................................................................................................................................. 27 8.1 OVERVIEW OF LAGOS STATE ............................................................................................................................................................... 27 8.2 ECONOMIC REVIEW ............................................................................................................................................................................ 28 8.3 GOVERNANCE AND BEST PRACTICES .................................................................................................................................................... 29 8.4 MEDIUM TERM STRATEGY OF THE STATE .............................................................................................................................................. 30 8.5 FINANCES OF LAGOS STATE ................................................................................................................................................................ 31 8.6 CONCLUSION .................................................................................................................................................................................... 32 9. REPRESENTATIVES OF THE LAGOS STATE EXECUTIVE COUNCIL ................................................................................... 33 10. USE OF PROCEEDS ........................................................................................................................................... 39 11. RISK FACTORS ................................................................................................................................................ 40 11.1 GENERAL BOND RELATED RISKS ......................................................................................................................................................... 40 11.2 MACROECONOMIC RISK ...................................................................................................................................................................... 41 11.3 SPECIFIC RISK.................................................................................................................................................................................... 42 11.4 ENVIRONMENTAL RISK ....................................................................................................................................................................... 42 11.5 SECURITY RISK .................................................................................................................................................................................. 42 12. THE N167.5 BILLION DEBT ISSUANCE PROGRAMME ................................................................................................. 43 13. MACRO – ECONOMIC OUTLOOK ........................................................................................................................... 44 13.1 INTRODUCTION ............................................................................................................................................................................... 44 13.2 ECONOMY ....................................................................................................................................................................................... 44 13.2.1 NIGERIA – KEY MACROECONOMIC INDICATORS ............................................................................................................................. 46 13.2.2 2015 GDP BY SECTOR CONTRIBUTION ......................................................................................................................................... 46 13.2.3 FISCAL DEFICIT ............................................................................................................................................................................... 47 13.2.4 PUBLIC DEBT .................................................................................................................................................................................. 47 13.2.5 CAPITAL MARKETS ......................................................................................................................................................................... 48 13.2.6 FOREIGN RESERVES........................................................................................................................................................................ 48 13.2.7 FOREIGN EXCHANGE ...................................................................................................................................................................... 49 13.2.8 INFLATION ...................................................................................................................................................................................... 49 13.2.9 INTEREST RATES ............................................................................................................................................................................ 50 13.3 REFORMS .......................................................................................................................................................................................
Load more

Recommended publications
  • The Diocese of Lagos Church of Nigeria (Anglican Communion) Record of Proceedings at the First Session of the 34Th Synod Of
    THE DIOCESE OF LAGOS CHURCH OF NIGERIA (ANGLICAN COMMUNION) RECORD OF PROCEEDINGS AT THE FIRST SESSION OF THE 34TH SYNOD OF THE DIOCESE HELD FROM SUNDAY, 5TH TO WEDNESDAY, 8TH MAY, 2019 Theme: THE UNFAILING FAITH OF OUR FATHERS: EVER SUFFICIENT Venues: THE CATHEDRAL CHURCH OF CHRIST MARINA, LAGOS OUR SAVIOUR’S CHURCH TAFAWA BALEWA SQUARE, LAGOS President of the Synod: His Lordship, The Rt. Revd Dr. Humphrey Bamisebi Olumakaiye, Ph.D The Diocesan Bishop of Lagos and Missioner SYNOD OPENING SERVICE DAY 1 – SUNDAY, 5TH MAY, 2019 OPENING SERVICE 1.01 The First session of the Thirty Fourth Synod of the Diocese of Lagos (Anglican Communion) tagged "The Centenary Synod" kicked off with an Opening Service at the Cathedral Church of Christ, Marina, Lagos on Sunday 5th of May 2019 at 4.00pm. The service was presided over by the President of Synod and Diocesan Bishop of Lagos and Chief Missioner; His Lordship, The Rt. Rev. Dr. Humphrey Bamisebi Olumakaiye. The theme for the Synod was THE UNFAILING FAITH OF OUR FATHERS: EVER SUFFICIENT (2 Timothy 1:5). 1.02. The Diocesan Mass Choir that comprised of choristers from The Cathedral Church of Christ, Our Saviour's Church TBS, Anglican Church on the Peninsula Ajah, St. Peter's Church Ikota and Church of Pentecost Ajah led the First Procession. They were closely followed by the Readers and Agents with the Hymn WIS 4 – ‘A Mighty Fortress is Our God’. 1.03 The Second Procession was made up of the Clergy filing in juniores priores was next with the Hymn A&MNS 156 ‘Come Down, O Love, Divine’ and they were led in by the Priests' Verger.
    [Show full text]
  • Representation of Women in Nigerian Political News: Analysis of Online Newspapers
    Representation of Women in Nigerian Political News: Analysis of Online Newspapers Deborah Amokele Ugbe Submitted to the Institute of Graduate Studies and Research in partial fulfillment of the requirements for the degree of Masters of Arts in Communication and Media Studies Eastern Mediterranean University January 2018 Gazimağusa, North Cyprus Approval of the Institute of Graduate Studies and Research Assoc. Prof. Dr. Ali Hakan Ulusoy Acting Director I certify that this thesis satisfies the requirements as a thesis for the degree of Master of Arts in Communication and Media Studies. Assoc. Prof. Dr. Agah Gümüş Acting Dean, Faculty of Communication and Media Studies We certify that we have read this thesis and that in our opinion it is fully adequate in scope and quality as a thesis for the degree of Master of Arts in Communication and Media Studies. Asst. Prof. Dr. Yetin Arslan Supervisor Examining Committee 1. Assoc. Prof. Dr. Hanife Aliefendioğlu 2. Asst. Prof. Dr. Yetin Arslan 3. Asst. Prof. Dr. Bahar Taşeli Sakallı ii ABSTRACT In the 21st century, women in Nigeria still face challenges in politics both in the local and national offices. In a world where media is one of the most important agencies of identity construction and representation, it is important to study how the media represents women in Nigeria. This thesis looks at the representation of the women in Nigerian political news during the general election in 2015. The Guardian and Vanguard online newspapers have been reviewed covering the period of February to April 2015. In doing so, the study employs textual analysis from a gender perspective to analyze and understand the approaches used by the media.
    [Show full text]
  • Michael Otedola College of Primary Education, Order
    MICHAEL OTEDOLA COLLEGE OF PRIMARY EDUCATION, NOFORIJA, KM. 7, EPE-IJEBU-ODE ROAD P.MB. 1028, EPE, LAGOS STATE E-mail: [email protected] ORDER OF PROCEEDINGS AT THE 3RD CONVOCATION /20TH ANNIVERSARY CEREMONIES FOR 2000-2008 PART TIME, 2011/2012, & 2012/2013 For the Award of Nigeria Certificate in Education (NCE), Presentation of Prizes and Conferment of Fellowship Date: Saturday, December 6, 2014. Time: 10:00a.m Venue: Convocation Ground, MOCPED, Noforija-Epe, Lagos State. 1 MICHAEL OTEDOLA COLLEGE OF PRIMARY EDUCATION, NOFORIJA, KM. 7, EPE-IJEBU-ODE ROAD P.MB. 1028, EPE, LAGOS STATE E-mail: [email protected] ORDER OF PROCEEDINGS AT THE 3RD CONVOCATION /20TH ANNIVERSARY CEREMONIES FOR 2000-2008 PART TIME, 2011/2012, & 2012/2013 For the Award of Nigeria Certificate in Education (NCE), Presentation of Prizes and Conferment of Fellowship Date: Saturday, December 6, 2014. Time: 10:00a.m Venue: Convocation Ground, MOCPED, Noforija-Epe, Lagos State. 2 MODERATOR AND PRINCIPAL OFFICERS OF THE COLLEGE HIS EXCELLENCY MR. BABATUNDE RAJI FASHOLA (SAN) Executive Governor of Lagos State and Moderator of the College MRS. RISIKAT T. AKESODE Chairman, Governing Council PROF. OLU AKEUSOLA, NCE, B.A (Hons), M.A; Ph.D, MNIM, MITD Provost DR. S.A. POPOOLA B.A, PGDE, M.A, Ph.D Deputy Provost BOLA Y. SHITTU CPA, B.SC, MPA Registrar and Secretary to Council MR. GABRIEL O. ONIFADE NCE, B.SC, M.SC College Librarian MR. GANIYU A. AJOSE B.SC, M.SC, ACA. College Bursar 3 PICTURE HIS EXCELLENCY, MR. BABATUNDE RAJI FASHOLA (SAN) Executive Governor of Lagos State and Moderator of the College 4 PICTURE HER EXCELLENCY, MRS.
    [Show full text]
  • CONFAB BROCHURE A5.Cdr
    st INTERNATIONAL 1 MULTI-DISCIPLINARY CONFERENCE FOR POSTGRADUATE STUDENTS BOOK OF ABSTRACTS AND PROCEEDINGS THEME: CONNECTING PRACTICE, RESEARCH AND TEACHING AS A GENERATIONAL THINKER AUGUST 1 - 5, 2016 UNIVERSITY OF EDUCATION, WINNEBA KEYNOTE SPEAKER HER EXCELLENCY DR. (MRS) IDIAT OLURANTI ADEBULE Deputy Governor of Lagos State, Nigeria GRADUATE STUDENTS ASSOCIATION OF GHANA—GRASAG-UEW ST 1 INTERNATIONAL MULTI-DISCIPLINARY CONFERENCE FOR POSTGRADUATE STUDENTS (IMCƒPS@UEW-2016) UNDER THE AUSPIECES OF THE SCHOOL OF GRADUATE STUDIES (SGS) AND THE INSTITUTE FOR EDUCATIONAL RESEARCH AND INNOVATION STUDIES (IERIS) THEME: CONNECTING PRACTICE, RESEARCH AND TEACHING AS A GENERATIONAL THINKER Under the DISTINGUISHED CHAIRMANSHIP OF PROFESSOR MAWUTOR AVOKE, VICE CHANCELLOR UNIVERSITY OF EDUCATION, WINNEBA GRASAG-UEW 2016 1ST IMCfPS The 1ST IMCƒPS@UEW ORGANISING COMMITTEE CHAIRMAN SECRETARY Professor Kolawole Raheem Professor Cosmas W. K. Mereku Head, Centre for School and Community Dean, Student Affairs, UEW and Science and Technology Studies Department of Music Education, UEW (SACOST), UEW MEMBER Professor Jonathan O. Ammah Professor Yaw Sekyi-Baidoo Dean, School of Graduate Studies, UEW Director, Centre for International Programme, UEW Mr. Benjamin Duadze The Faculty Officer, School of Madam Georgina Tibu Graduate Studies, UEW Gender Mainstreaming Directorate UEW Mr. Samuel Ofori Danquah President, GRASAG-UEW Mr. Gabriel Kwame Agbemehia Treasurer, GRASAG-UEW Mr. Bernard Bilikpe Secretary, GRASAG-UEW Mr. Stephen Osei Akyiaw President-Elect, GRASAG-UEW
    [Show full text]
  • Convocation Address Vice-Chancellor, Lagos State University Professor Olanrewaju A
    Convocation Address Vice-Chancellor, Lagos State University Professor Olanrewaju A. FAGBOHUN, Ph.D INTRODUCTION With a heart full of gratitude to God, I join the Chancellor, His Excellency, Hon. Mr. Justice Adesola OGUNTADE JSC, FNIALS, CON, CFR; the Pro- Chancellor, Professor Adebayo Ninalowo and other esteemed members of the Governing Council; Members of Senate; Principal Officers and other members of our University Community to cordially welcome our distinguished guests, family members, alumni and our world class graduating students to the 22nd Convocation Ceremony of the Lagos State University. At this year’s Convocation Ceremony as it is our practice, we shall award diploma, first degrees, postgraduate diplomas and other higher degrees across faculties and disciplines. We shall also recognize the effort of some of our graduands who toiled day and night to distinguish themselves, by giving them prizes and awards across faculties. Today’s Ceremony is a culmination of perseverance, persistence and hardwork on the part of the entire workforce, our graduating students and their parents and guardians. The synergy between these three key components forms the background of today’s success of graduating deserving students who have been found worthy in learning and character. Distinguished Ladies and Gentlemen, permit me to say that the Lagos State University is proud of these students that we are graduating today. We have adequately tutored, nurtured and assessed them before certifying that they are worthy both in character and learning. We are therefore releasing them to the world to enable them make their mark in life and also bring glory to their alma mater.
    [Show full text]
  • Summary of Niger Delta Partners' Q3 Fy 2016 Reports ...67
    STRENGTHENING ADVOCACY AND CIVIC ENGAGEMENT Quarterly Report Q3 FY2016 – April 1, 2016, to June 30, 2016 Submission Date: July 30, 2016 Contract Number: AID-620-C-14-00001 Project Start Date and End Date: January 2, 2014, to January 1, 2019 COR: Augusta Akparanta-Emenogu Submitted by: Charles Abani, Chief of Party Chemonics International Inc. 1717 H Street, NW Washington, DC 20006 Tel: +1.202.955.3300 Email: [email protected] This document was produced for review by the United States Agency for International Development Nigeria (USAID/Nigeria). July 2008 1 Table of Contents ACRONYMS ............................................................................................................... 3 1. Project Overview/Summary ............................................................................ 4 1.1 Project Description/Introduction ............................................................................................. 4 1. Progress Summary ............................................................................................. 6 2. QUARTER activity progress report................................................................ 12 2.1 Quarterly Progress Summary .................................................................................................. 12 2.3 Quarterly Progress Narrative ................................................................................................. 19 2.3.1 Component 1: Capacity Building ........................................................................................
    [Show full text]
  • Lagos State Government of Nigeria
    THIS DOCUMENT IS IMPORTANT AND YOU ARE ADVISED TO CAREFULLY READ AND UNDERSTAND ITS CONTENTS. IF YOU ARE IN DOUBT ABOUT ITS CONTENTS OR THE ACTION TO TAKE PLEASE CONSULT YOUR STOCKBROKER, SOLICITOR, BANKER OR AN INDEPENDENT INVESTMENT ADVISER. THIS PROSPECTUS HAS BEEN SEEN AND APPROVED BY THE MEMBERS OF THE LAGOS STATE EXECUTIVE COUNCIL AND THEY JOINTLY AND INDIVIDUALLY ACCEPT FULL RESPONSIBILITY FOR THE ACCURACY OF ALL INFORMATION GIVEN AND CONFIRM THAT, AFTER HAVING MADE ENQUIRIES WHICH ARE REASONABLE IN THE CIRCUMSTANCES AND TO THE BEST OF THEIR KNOWLEDGE AND BELIEF, THERE ARE NO OTHER FACTS, THE OMISISON OF WHICH WOULD MAKE ANY STATEMENT HEREIN MISLEADING For information about risk factors which should be considered by prospective investors, see Risk Factors on page 50. LAGOS STATE GOVERNMENT OF NIGERIA N167,500,000,000 DEBT ISSUANCE PROGRAMME For the Issuance of a Bond or Series of Bonds with maturities of 5 years and longer THIS SHELF PROSPECTUS AND THE SECURITIES THAT IT OFFERS HAVE BEEN APPROVED AND REGISTERED BY THE SECURITIES & EXCHANGE COMMISSION. IT IS A CIVIL WRONG AND CRIMINAL OFFENCE UNDER THE INVESTMENTS & SECURITIES (NO. 29 OF 2007) ACT TO ISSUE A PROSPECTUS WHICH CONTAINS FALSE OR MISLEADING INFORMATION. THE CLEARANCE AND REGISTRATION OF THIS PROSPECTUS AND THE SECURITIES WHICH IT OFFERS DOES NOT RELIEVE THE PARTIES FROM ANY LIABILITY ARISING UNDER THE ACT FOR FALSE AND MISLEADING STATEMENTS CONTAINED HEREIN OR FOR ANY OMISSION OF A MATERIAL FACT. “THIS SHELF PROSPECTUS IS TO BE READ AND CONSTRUED IN CONJUCTION WITH ANY SUPPLEMENT HERETO AND ALL DOCUMENTS WHICH ARE INCORPORATED HEREIN, BY REFERENCE AND, IN RELATION TO ANY TRANCHES (AS DEFINED HEREIN) OF INSTRUMENTS, TOGETHER WITH THE APPLICABLE PRICING SUPPLEMENT/SUPPLEMNTARY SHELF PROSPECTUS.
    [Show full text]
  • The Report of the Accountant General & Financial Statements for the Year Ended 31St December 2016
    Lagos State Government The Report of the Accountant General & Financial Statements For the Year Ended 31st December 2016 Lagos State Government Financial Statements For the year ended 31st December 2016 Table of Contents Page Governance, professional advisers and registered office 1 - 2 Report of the Accountant General 3 - 6 The Responsibilities of the Accountant General 7 Report of the State Auditor General 8 Financial Statements Statement of Financial Performance 9 Statement of Financial Position 10 Statement of Changes in Net Assets 11 Statement of Cash Flows 12 Statement of Comparison of Budget and Actual amount 13 Notes to the Financial Statements 14 - 35 Schedules to the Financial Statements Schedules of Treasury Banks 36 - 38 Schedules of Cash held in banks by MDAs 39 - 44 Schedules of Property, Plant and Equipments 45 Schedules of Property, Plant and Equipments and Depreciations 46 Statement of the Personnel Cost 47 - 48 Statement of Consolidated Revenue Fund Charges 49 Staff Cost- Pension Defined Contribution Plan 49 Statement of Overhead Cost 50 - 51 Statement of Grants and Contributions 52 Statement of Subvention to Parastatals [Overhead] 53 - 54 Statement of Capital Expenditure 55 - 56 Schedule of unquoted investment 57 Schedule of quoted investment 58 Schedule of Domestic (Commercial) loan obligations 59 Schedule of Multilateral loan obligations 60 Debt Repayment Trust Fund [Bond Trustee and Foreign Loan Accounts] 61 Schedule of Public Funds Scholarship and Bursary Funds 62 Staff Housing Loan Fund 63 Staff Vehicle Refurbishment Revolving Fund 64 TEPO Housing and Car Refurbishment Loan Funds 65 Schedule Infrastructure Facilities Listed In The Financial Statements 66 - 94 Lagos State Government Financial Statements For the year ended 31st December 2016 Governance, Professional Advisers and Registered Office Governance His Excellency, Mr.
    [Show full text]
  • The Report of the Accountant General & Financial Statements
    Lagos State Government 0 The Report of the Accountant General & Financial1179978509 Statements For the Year Ended 31st December 2017 Lagos State Government Financial Statements For the year ended 31st December 2017 Table of Contents Page Governance, Professional Advisers and Registered Office 2 Report of the Accountant General 4 The Responsibilities of the Accountant General 7 Report of the State Auditor General 8 Financial Statements Statement of Financial Performance 9 Statement of Financial Position 10 Statement of Changes in Net Assets 11 Statement of Cash Flows 12 Statement of Comparison of Budget and Actual Amount 13 Notes to the Financial Statements 14 Schedules to the Financial Statements Schedule of Treasury Banks 44 Schedule of Cash held in Banks by MDAs 47 Schedule of Property, Plant and Equipment 53 Schedule of Depreciation of Property, Plant and Equipment 54 Schedule of Additions to Infrastructural Assets 56 Schedule of Valuation of Other Classes of Assets 58 Schedule of Additions to Other Classes of Assets 60 Statement of the Personnel Cost 62 Statement of Consolidated Revenue Fund Charges 64 Statement of Overhead Cost 65 Statement of Grants and Contributions 67 Statement of Subvention to Parastatals [Overhead] 68 Statement of Capital Expenditure 69 Schedule of Unquoted Investment 71 Schedule of Quoted Investment 72 Schedule of Domestic (Commercial) Loan Obligations 73 Schedule of Multilateral Loan Obligations 74 Debt Repayment Trust Fund [Bond Trustee and Foreign Loan Accounts] 75 Schedule of Public Funds Scholarship and Bursary Funds 76 Staff Housing Loan Fund 77 Staff Vehicle Refurbishment Revolving Fund 78 TEPO Housing and Car Refurbishment Loan Funds 79 1 Lagos State Government Financial Statements For the year ended 31st December 2017 Governance, Professional Advisers and Registered Office Governance His Excellency, Mr.
    [Show full text]