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FACTS ABOUT CHINESE LOANS TO NIGERIA

The attention of the Debt Management Office (DMO), has been drawn to statements and reports credited to several persons on the subject of Loans obtained from China and has considered it necessary to provide a sequel to its Press Release on the same subject dated September 11, 2018.

The general public is encouraged to be guided by the facts in this Press Release.

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Our vision is to be a Public Debt Management Institution of global reference.

Our Mission is to meet the Government’s financing needs in a prudent manner that supports economic development, while proactively managing the risks associated with the public debt.

 

Our Core Values are based on the principle of R-E-C-I-T-E

R -  Respect: To hold staff and stakeholders in high esteem.

E –  Excellence: To be outstanding in service delivery.

C –  Commitment: To be totally devoted to delivering on the DMO’s Mandate.

I –  Integrity: To be transparent in our operations.

T – Teamwork: To ensure that all members of staff have collective responsibility for the DMO’s mandate and work together towards its achievement.

E – Efficiency: To optimize our resources in the execution of our Mandate.