http://www.thebestof.co.uk/coventry Marketing & Advertising how it works. Reaching potential customers and keeping your business in your existing customers minds eye is paramount.

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The Debt Management Office (DMO) of the Federal Republic of Nigeria, on Saturday, October 17 2009, launched the FGN Bond at the Royal Garden Hotel, London with the theme Good Investor, Good Citizen.

The goal was to encourage private Nigerian Citizens, and Corporate entities (the Nigerian Diaspora in the UK), to invest in FGN Bond as a way for the government to build needed capital to finance critical long-term infrastructure projects in Nigeria. This effort is in line with the goals of Private Finance Initiative (PFI), and the objectives of the Public-Private Partnership (PPP) contained in the 7-Point Agenda.

The launch of FGN Bond in London resulted from the many compelling and persuasive proposals written and successfully presented to Nigerias public and private sector leaders by UK-based Business Services Consortium Ltd; (Chidi Okemadu MD), who is a Public Policy Consultant/Advocate, and a Former Vice President with the defunct Citisolutions Financial UK Ltd, a division of Citigroup.

Bond is a long-term debt instrument offered to the potential investor by public sector entities with promise of a return at specified percentages of yields upon maturity. Such financial or monetary instruments are similar in nature to stock certificates issued by the private sector, except that it is guaranteed against default by the full faith and credit of the government. Bonds are therefore safer and more conservative forms of investment than stocks.

There are many precedents or anecdotes that can be cited in both developing and developed countries to support the notion that bonds are very viable tools for financing capital projects which would otherwise be difficult to finance or execute only from internally-generated revenue. China, the worlds largest surplus nation has been buying US Treasury Bonds at record levels, some of which would finance infrastructure projects contained in the economic stimulus bill signed into law by President Barak Obama. According to the US Treasury, US owe China a cumulative $797.1 billion in bond-related debts as at the end of August 2009 (http://www.treas.gov/tic/mfh.txt).

The FGN Bond launch event and the pre-dinner cocktail party that preceded it drew a large crowd of dignitaries and citizens – a diverse audience many of who came with a great deal of enthusiasm and optimism on the one hand, and suspicion and skepticism on the other. The event was very well choreographed, and ably directed by the Master of Ceremony, Dayo Benjamins-Laniyi. Overall, Nigerians are historically skeptical of government promises, but are quick to support and credit governments who execute visibly tangible projects that directly impact their everyday lives.

Those that knew little about bonds before they came to the event were well educated by the distinguished panel of speakers which included Nigerias Hon. Minister of Finance, Dr. Mansur Muhtar. OFR; the High Commissioner of Nigeria to the United Kingdom, Dr. Dalhatu Sarki Tafida, OFR; and the new dynamic Governor of the Central Bank of Nigeria, and renowned Economist Lamido Sanusi.

The speakers also included Director-General of the Debt Management Office , Dr. Abraham Nwankwo; The Chairman, House Committee on Aids, Loans and Debt Management , Hon. Abdul-aziz Yari Abubakar; Chairman, Senate Committee on Local and Foreign Debts Senator (Arc) Ehigie Uzamere; and the Director-General of the Nigerian Stock Exchange, Mrs. Ndi Okeke-Onyiuke. Other Nigerian Public Servants and dignitaries from the private sector who graced the occasion include former military brass, and serving Senator, John Shagaya, as well as other distinguished Senators, Congressmen, and Business Leaders.

The Finance Minister carefully articulated the efforts, constraints, and vision of the Federal Government of Nigeria, while the Central Bank Governor spoke eloquently on the global financial crisis with emphasis on the recent shake up in the Nigerian commercial banks.

Not by a long shot were all the burning questions on the minds of the audience answered due understandably to time limitations, but many were more confident of the Nigerian leadership, and receptive of the proposed FGN Bond at the end of the event than they were at the beginning. The effort to get the support of Nigerians in the Diaspora for the FGN Bond remains work in progress, and may in the near future be made on the ground in North American cities which are also homes to hundreds of thousands of the Nigerian Diaspora.

This Event Overview/Analysis has been presented by Texas-based Nwora Onwuzulu, (Management Consultant and Freelance Writer), B.Sc., M.A. (LIS), MIEEE, AIIM, MPMI (Phone: +1 713-992-2886)

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Infinite Dharma MTV – 2009 Global Tzu Chi Buddha’s Birthday Events in Hualien, Taipei, Taiwan, Los Angeles, New York, Houston, United States, Bangkok Thailand, Vancouver Canada, Tokyo Japan and Brisbane Australia. Tzu Chi Foundation USA all rights reserved.

With our minds being pure and tranquil, vows as vast as the universe, remain unwavering for countless eons, the infinite Dharma will become readily apparent. Attaining great wisdom, we can realize all Dharma.

靜寂清澄 志玄虛漠 守之不動 億百千劫 無量法門 悉現在前 得大智慧 通達諸法

© 慈濟美國總會影視組製作 July, 2009 All Rights Reserved

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Technorati Tags: 2009, All, Angeles, Australia, Bangkok, Birthday, Brisbane, Buddha's, Canada, Chi, Dharma, events, Foundation, Global, Houston, Hualien, in, Infinite, Japan, July, Los, MTV, new, Reserved, Rights, states, Taipei, Taiwan, Thailand, Tokyo, Tzu, united, usa, Vancouver, york, 億百千劫, 守之不動, 得大智慧, 志玄虛漠, 悉現在前, 慈濟美國總會影視組製作, 無量法門, 通達諸法, 靜寂清澄