It would be recalled that the federal government recently announced plans to raise about N1.23 billion through issuance of treasury bills in the first quarter of next year. It also stated it would raise N1.24 billion from treasury bills which are rolled over into 2017 and maturing at different dates. The federal government issues treasury bills as part of a borrowing plan to finance part of the government budget deficit as well as to help manage liquidity in the banking system and curb inflationary growth.]]>

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