| Issue Amount (₦’bn) | 9.00 |
| Tenor (Year) | 7 |
| Issue Date | Oct. 4, 2011 |
| Maturity Date | Oct. 4, 2018 |
| Coupon (%) | 14.00 |
| Yield at Issue (%) | N/A |
| Issue Price (₦) | At par |
| Currency | Nigerian Naira |
| Coupon Frequency | Semi-annual |
| Issue Rating | A-/Agusto; A-/GCR |
| Use of Proceeds | To Finance the Construction of Roads |
| Redemption | Par at maturity |
| Debt Service | A Sinking Fund has been created in accordance with the provisions of the enabling Law and the Investment and Securities Act (“ISA”). The sinking fund shall be principally funded from the pledged revenues by way of the Irrevocable Standing Payment Order (“ISPO”). The management of the sinking fund is the responsibility of the Trustees |
| Trustees | Skye Trustees Limited and UBA Trustees Limited |
| Tax Consideration | Exempted from Nigerian Tax |
| Offer Document | Pricing Supplement |
