If you are in any doubt about the contents of this document or any action to be taken, it is recommended that you

consult your
Stockbroker, Banker, Solicitor, Accountant or any other professional adviser duly registered under the Investment and Securities
Act (No. 29 of 2007). For information concerning certain Risk Factors which should be considered by prospective Investors, please
refer to the section on risk factors on pages 35 to 41 in the Prospectus for the Bond Programme.

(THIS DOCUMENT IS ISSUED SOLELY FOR PRICE DISCOVERY PURPOSES – RED HERRING)

Federal Government of Nigeria

Offer for Subscription

Of

N10,690,000,000
Series I: 5 Year [13.48] per cent Fixed Rate Bonds due 2022

Book Open: December 18, 2017

Book Close: December 20, 2017

FINANCIAL ADVISER/ BOOKRUNNER

RC 1381308

Supported by:

This Pricing Supplement has been prepared in connection with the issuance of ₦10,690,000,000 Green Bonds by Federal Government of Nigeria (“the
Issuer”). This Pricing Supplement is supplemental to, and should be read in conjunction with, the Programme Prospectus dated December, 2017 and any
other supplements to the Programme Prospectus as may be issued by the Issuer. Terms defined in the Programme Prospectus have the same meaning when
used in this Pricing Supplement.

To the extent that there is any conflict or inconsistency between the contents of this Pricing Supplement and the Programme Prospectus, the provisions of
this Pricing Supplement shall prevail. This Pricing Supplement may be used to offer and sell the Green Bonds only if accompanied by the Programme
Prospectus. Copies of the Programme Prospectus can be obtained from the Financial Advisers / Book runners.

The Programme prospectus is valid for an indefinite period.

The Issuer accepts full responsibility for the accuracy of the information contained in this Pricing Supplement. The Issuer declares that having taken
reasonable care to ensure that such is the case, the information contained in this Pricing Supplement is, to the best of its knowledge, in accordance with the
facts and does not omit anything likely to affect the import of such information. Save as disclosed herein, no other significant new factor, material mistake
or inaccuracy relating to the information included in the Programme Prospectus has arisen or has been noted, as the case may be, since the publication of
the Programme Prospectus. Furthermore, the material facts contained herein are true and accurate in all material respects and the Issuer confirms that,
having made all reasonable enquiries, to the best of its knowledge and belief, there are no material facts, the omission of which would make any statement
contained herein misleading or untrue.

www.dmo.gov.ng www.environment.com
THIS PRICING SUPPLEMENT IS DATED DECEMBER 18, 2017

1
Table of Contents

1. Responsibility Statement ..................................................................................................... 5

2. Notice to Prospective Investors........................................................................................... 6
3. Parties to the Issuance .......................................................................................................... 7
4. Particulars of the Programme .............................................................................................. 8
5. Use of Proceeds .................................................................................................................... 10
6. Extract from External Review TBU .................................................................................. 17
7. Other General Information ............................................................................................... 21
Subscription Form .................................................................................................................................. 22
.................................................................................................................................................................... 22

2
 DISCLAIMER
“In respect of any Notes issued with a specific use of proceeds, such as a Green Bond, there can be no assurance that
such use of proceeds will be suitable for the investment criteria of an investor”
The Final Terms relating to any specific Series of Notes may provide that it will be the Issuer’s intention to
apply the proceeds from an offer of those Notes specifically for projects and activities that promote climate-
friendly and other environmental purposes ("Green Projects"). Prospective investors should have regard
to the information set out in the relevant Final Terms regarding such use of proceeds and must determine
for themselves the relevance of such information for the purpose of any investment in such Notes together
with any other investigation such investor deems necessary. In particular, no assurance is given by the
Issuer that the use of such proceeds for any Green Projects will satisfy, whether in whole or in part, any
present or future investor expectations or requirements as regards any investment criteria or guidelines
with which such investor or its investments are required to comply, whether by any present or future
applicable law or regulations or by its own by-laws or other governing rules or investment portfolio
mandates, in particular with regard to any direct or indirect environmental, sustainability or social impact
of any projects or uses, the subject of or related to, any Green Projects. Furthermore, it should be noted that
there is currently no clearly defined definition (legal, regulatory or otherwise) of, nor market consensus as
to what constitutes, a “green” or “sustainable” or an equivalently-labelled project or as to what precise
attributes are required for a particular project to be defined as “green” or “sustainable” or such other
equivalent label nor can any assurance be given that such a clear definition or consensus will develop over
time. Accordingly, no assurance is or can be given to investors that any projects or uses the subject of, or
related to, any Green Projects will meet any or all investor expectations regarding such “green”,
“sustainable” or other equivalently-labelled performance objectives or that any adverse environmental,
social and/or other impacts will not occur during the implementation of any projects or uses the subject of,
or related to, any Green Projects.

No assurance or representation is given as to the suitability or reliability for any purpose whatsoever of
any external reviews (such as opinions, certifications, verifications or ratings) provided by any third party
(whether or not solicited by the Issuer) which may be made available in connection with the issue of any
Notes and in particular with any Green Projects to fulfil any environmental, sustainability, social and/or
other criteria. For the avoidance of doubt, any such external review is not, nor shall be deemed to be,
incorporated in and/or form part of this Programme Prospectus. Any such external review is not, nor
should be deemed to be, a recommendation by the Issuer or any other person to buy, sell or hold any such
Notes. Any such external review is only current as of the date that external review was initially issued.
Prospective investors must determine for themselves the relevance of any such external review and/or the
information contained therein and/or the provider of such external review for the purpose of any
investment in such Notes. Currently, the providers of such external reviews are not subject to any specific
regulatory or other regime or oversight.
In the event that any such Notes are listed or admitted to trading on any dedicated “green”,
“environmental”, “sustainable” or other equivalently-labelled segment of any stock exchange or securities
market (whether or not regulated), no representation or assurance is given by the Issuer or any other person
that such listing or admission satisfies, whether in whole or in part, any present or future investor
expectations or requirements as regards any investment criteria or guidelines with which such investor or
its investments are required to comply, whether by any present or future applicable law or regulations or
by its own by-laws or other governing rules or investment portfolio mandates, in particular with regard to
any direct or indirect environmental, sustainability or social impact of any projects or uses, the subject of
or related to, any Green Projects. Furthermore, it should be noted that the criteria for any such listings or
admission to trading may vary from one stock exchange or securities market to another. No representation
or assurance is given or made by the Issuer or any other person that any such listing or admission to trading
will be obtained in respect of any such Notes or, if obtained, that any such listing or admission to trading
will be maintained during the life of the Notes.

Public
3
While it is the intention of the Issuer to apply the proceeds of any Notes so specified for Green Projects in,
or substantially in, the manner described in the relevant Final Terms, there can be no assurance that the
relevant project(s) or use(s) the subject of, or related to, any Green Projects will be capable of being
implemented in or substantially in such manner and/or accordance with any timing schedule and that
accordingly such proceeds will be totally or partially disbursed for such Green Projects; nor can there be
any assurance that such Green Projects will be completed within any specified period or at all or with the
results or outcome (whether or not related to the environment) as originally expected or anticipated by the
Issuer. Any such event or failure by the Issuer will not constitute an Event of Default under the Notes.

Any such event or failure to apply the proceeds of any issue of Notes for any Green Projects as aforesaid
and/or withdrawal of any such external review or any such external review attesting that the Issuer is not
complying in whole or in part with any matters for which such external review is providing and/or any
such Notes no longer being listed or admitted to trading on any stock exchange or securities market as
aforesaid may have a material adverse effect on the value of such Notes and also potentially the value of
any other Notes which are intended to finance Green Projects and/or result in adverse consequences for
certain investors with portfolio mandates to invest in securities to be used for a particular purpose.”

Public
4
1. Responsibility Statement

The Issuer accepts responsibility for the information contained in this Pricing Supplement (“Prospectus”).
To the best of the knowledge and belief of the Issuer (having taken all reasonable care to ensure that such
is the case), the information contained in this Pricing Supplement is in accordance with the facts and does
not omit anything likely to affect the import of such information.

To the best of the knowledge and belief of the Issuer, the information contained in this Pricing Supplement
is true and accurate in every material respect and is not misleading in any material respect and this Pricing
Supplement, insofar as it concerns such matters, does not omit to state any material fact necessary to make
such information not misleading. The opinions, assumptions, intentions, projections and forecasts
expressed in this Pricing Supplement with regard to the Issuer are honestly held by the Issuer, have been
reached after considering all relevant circumstances and are based on reasonable assumptions.

Important Notice

No person has been authorised to give any information or to make any representation other than those
contained in or consistent with this document in connection with the offering of the Notes (the “Offering”)
and, if given or made, such information or representations must not be relied upon as having been
authorised by the Issuer, Neither the delivery of this Pricing Supplement nor any sale made hereunder
shall, under any circumstances, constitute a representation or create any implication that there has been no
change in the affairs of the Issuer since the date hereof. This document may not be used for the purpose of
an offer to, or a solicitation by, anyone in any jurisdiction or in any circumstances in which such an offer or
solicitation is not authorised or is unlawful, including Nigeria.

Neither the Financial Adviser nor any of its directors, affiliates, advisers or agents has made an independent
verification of the information contained in this Pricing Supplement and no representation or warranty,
express or implied, is made by the Financial Adviser or any of its directors, affiliates, advisers or agents
with respect to the accuracy or completeness of such information. Nothing contained in this Pricing
Supplement is to be construed as, or shall be relied upon as, a promise, warranty or representation, whether
to the past or the future, by the Financial Adviser or any of its directors, affiliates, advisers or agents in any
respect. The contents of this Pricing Supplement are not, are not to be construed as, and should not be relied
on as, legal, business or tax advice.

This Pricing Supplement is not intended to provide the basis of any credit or other evaluation and should
not be considered as a recommendation by the Issuer, the Joint Lead Managers or the Financial Advisers
that any recipient of this Pricing Supplement should purchase any of the Notes. Each investor
contemplating purchasing Notes should make its own independent investigation of the financial condition
and affairs, and its own appraisal of the creditworthiness, of the Issuer. Neither this Pricing Supplement
nor any other information supplied in connection with the Offering constitutes an offer or invitation by or
on behalf of the. Neither the delivery of this Pricing Supplement nor the offering, sale or delivery of the
Notes shall in any circumstances imply that the information contained herein concerning the Issuer is
correct at any time subsequent to the date hereof or that any other information supplied in connection with
the Offering is correct as of any time subsequent to the date indicated in the document containing the same.

5
2. Notice to Prospective Investors

This Pricing Supplement has been prepared by the Financial Adviser & Book Runner in connection with
the N10,690,000,000 Green Bond Issuance of the FGN, for the purpose of giving information to prospective
investors in respect of the Green Bonds and other securities described herein. Neither the approval nor
prior notification of the SEC is required. Therefore, the securities listed herein have not been registered
with the Commission.

The receipt of this Pricing Supplement or any information contained in it, or supplied with it, or
subsequently communicated to any person, does not constitute investment advice from the Financial
Advisers to any prospective investor. Each prospective investor should make its own independent
assessment of the merits or otherwise of subscribing for the securities offered herein and should take its
own professional advice in connection with any prospective investment by it.

No person has been authorised to give any information, or to make any representation not contained in, or
not consistent with, this Pricing Supplement, or any other information supplied in connection with the
Issuance and, if given or made, such information must not be relied on as having been authorised by the
FGN.

The FGN accepts full responsibility for the accuracy of the information contained herein, and has taken
reasonable care to ensure that the material facts contained herein are true and accurate in all material
respects and confirm, having made all reasonable enquiries, that to the best of their knowledge and belief,
there are no material facts, the omission of which, would make any material statement herein misleading
or untrue.

However, the delivery of this Pricing Supplement does not at any time imply that the information
contained herein concerning the FGN is correct at any time subsequent to the date hereof or that any other
information supplied in connection with the Issuance is correct as of any time subsequent to the date
indicated in the document containing same.

Additional information may be obtained through the offices of the Financial Adviser/Book Runner as
specified on page 7 of this Pricing Supplement on any Business Day during the period of the respective
opening and closing dates of the issuance of Instruments under this Bond Issuance.

Prospective Investors should rely only on the information in this Pricing Supplement and Programme
Prospectus (together the “Offer Documents”). In agreeing to purchase Notes in the Issuance, each investor
acknowledges that he or she is relying only on the contents of this Pricing Supplement and not on any other
information or representation concerning the FGN, the Notes or the offer for the Notes.

6
3. Parties to the Issuance

Parties
Authorising Ministry Federal Ministry of Finance
Ahmadu Bello Way
Central Business District
Abuja
Sponsoring Ministry Federal Ministry of Environment
Block C, Mabushi
Abuja

Issuing Agency Debt Management Office

NDIC Building (1st Floor)
Plot 447/448 Constitution Avenue
Central Business District
Abuja
Financial Adviser/Bookrunner Chapel Hill Denham Advisory Limited
45 Saka Tinubu Street
Victoria Island, Lagos

Listing Exchange The Nigerian Stock Exchange

2/4 Customs Street
Marina, Lagos

FMDQ OTC Securities Exchange

1 Olosa Street
Victoria Island
Lagos, Nigeria.

7
4. Particulars of the Programme

The following summary does not purport to be complete and is qualified in its entirety by the remainder of this
Circular. Words and expressions defined in Definitions and Terms and Conditions of the Notes shall have the same
meaning in this summary.

Issuer: The Federal Government of Nigeria

Programme Description: 5 Year 13.48% Fixed Rate Bonds due 2022

Series Number I

Description of the Notes: Fixed Rate Notes

Aggregate Nominal Amount: 10,690,000,000.00
Tenor: 5 years

Specified Currency or Nigerian Naira

Currencies:
Par Value: N1,000 (One Thousand Naira) per Note Unit
Units of Sale: N1,000.00 per unit subject to a minimum Subscription of
N10,000,000.00 and in multiples of N1,000,000.00 thereafter
Financial Adviser/Book Chapel Hill Denham Advisory Limited
Runner:
Security: Guaranteed by the full faith and credit of the Federal Government of
Nigeria
Issue Price: At par. N1,000 (One Thousand Naira) per Note Unit
Method of Issue: Offer for Subscription
Forms of Notes: The Notes shall be issued in dematerialised, electronic registration on
the Central Bank of Nigeria
Use of Proceeds: Pages 10 - 16 of this Pricing Supplement

Interest Rate: Fixed Rate

Currencies: The Bonds will be denominated in Nigerian Naira

8
Particulars of the Programme

Issuance in Series: The Bonds will be issued in Series. The Bonds in each Series will be subject to
identical terms, whether as to currency or maturity or otherwise, except that the
issue date, the amount of the first payment of interest and/or the denomination
thereof may be different. Each Series may comprise one or more tranches)
issued on different issue dates. A Series may only be comprised of Bonds in
registered form.

Coupon Payment: Coupon payment shall commence six months after the issuance date and every
six months thereafter until the maturity of the Bond, provided that where a
coupon payment date falls on a non-Business Day, such payment shall be
deferred to the following Business Day.
December 22, 2022
Maturity of Bonds:
Status: The Notes are direct, unconditional, general and unsecured obligations of the
Government and shall rank pari passu and without any preference among
themselves and pari passu with all other outstanding unsecured and
unsubordinated obligations of the Federal Government

Security: The Notes are backed by the full faith and credit of the Federal Government of
Nigeria and are charged upon the general assets of Nigeria

Redemption: The Federal Government of Nigeria will redeem the Notes at their principal
amount on the Maturity Date.
Taxation: The Notes are exempt from taxation in Nigeria. Accordingly, all payments
made to Noteholders shall be free and clear of withholding or other deductions,
in respect of State Governments and Federal Government Income taxes.
Listing and Admission to The Notes will be listed on The Nigerian Stock Exchange and FMDQ OTC
Trading:
Paying Agent: Central Bank of Nigeria

9
5. Use of Proceeds
Summary of the Projects

S/N Project Ministry Description

1 Renewable Ministry of An initiative to provide access to electricity to 45
Energy Micro- Power unserved communities across the country employing
Utilities in 45 mini grids with distributed loads of between 33-50KW
communities per community

It is based on a combination of an operational pilot

scheme in Gwami and Pakau, and rural electrification
needs set out in the Federal Ministry of Power’s Medium
Term Sector Strategy (MTSS).

2 Energizing Ministry of A rural electrification initiative that seeks to develop off

Education Power Grid Independent Power Plant (IPP) type projects for the
generation and provision of adequate power supply to 37
Federal Universities and 7 University Teaching Hospitals
across the country.

3 Afforestation Ministry of Afforestation program that aims to increase forest

Program Environment coverage through the plantation of seedlings to cover
131,000 hectares of land.

The Global Goals for Sustainable Development

10
Use of Proceeds

Programme Name: Renewable Energy Mini Utility (REMU) Programme

Programme Description

Renewable Energy Micro-Utilities (REMU) is an initiative of the

Federal Ministry of Power, Works and Housing to provide access to
electricity to 45 unserved communities across the country. REMU
will employ mini grids with distributed loads of between 33-50KW
per community

Project Name: Pilot: REMU

Project Description

A pilot REMU project will be implemented in one (1) community at

an estimated cost of N150 million. Development Finance Institutions
(DFIs) operating in the selected regions will be responsible for project
implementation through private contractors selected by the DFIs.

Lead MDA: Federal Ministry of Power, Works and Housing

Partner MDAs: Federal Ministry of Finance and Federal Ministry of Environment

2017 Budget Code: FMOWP44840550

Theme: Mitigation

Type: Renewable Energy

Economic Profile – (Economic Rate of Return: 1.15%; Jobs Created: 667; Population Impacted: 6,667)

The REMU project is estimated to create 667 jobs both directly and indirectly. These jobs will be in the area
of installation, maintenance and replacement of panels. The improved power supply in the three pilot
communities under this REMU project is expected to lead artisanal migration into those communities and
better standard of living and quality of life.

The entire REMU programme is estimated to impact 300,000 people in 45 communities all across the
country.

Environmental Profile – (CO2/Year: 14,083)

Citizens in rural areas mostly use kerosene lanterns and wax candles as the source of light at night. Solar
Energy has the potential to replace GHG emitting sources with a clean and safe source of energy. Solar
Energy technologies represent one of the least carbon-intensive means of electricity generation as it
produces no emissions during the power generation process. Solar power reduces reliance on fossil fuels
such as oil, coal and natural gas. When fossil fuels are used to create electricity, they produce harmful gas
emissions that affect the safety of air, water and soil.

Safeguard Profile – (Gender Impact: 29; Youth Impact: 11)

11
Use of Proceeds

Safeguard assessments of the REMU project take account of the World Bank performance standards in
interrogating the social impacts of the project. The following World Bank performance standards would be
triggered by this assessment:

Performance Standard 1 – Assessment and management of environmental and social risks and
impacts;

Performance Standard 2 – Labour and working conditions

Performance Standard 3 – Resource efficiency and pollution prevention;

Performance Standard 4 – Community health, safety and security;

Performance Standard 5 – Land acquisition and voluntary resettlement;

Performance Standard 7 – Indigenous peoples; and

Performance Standard 8 – cultural heritage.

12
Use of Proceeds

Programme Name: Energising Education Programme

Programme Description

Energising Education (“EE”) is a rural electrification initiative to

develop off-grid independent power plant (“IPP”) projects for the
generation and provision of adequate power supply to thirty seven
(37) federal universities and seven (7) university teaching hospitals
across the country. The projects will strengthen the distribution
system within the universities and provide street lighting for campus
security; and a training centre at each federal university, focused on
renewable energy training.

Project Name: Pilot: Energising Energy

Programme

Project Description

Phase 1 Project: Seven (7) or possibly ten (10)) universities out of the
37 federal universities will be developed in 2017. The estimated cost
of the project is N20 billion.
The allocation under the 2017 National Budget for the EE
Programme will cover the Phase 1 Projects only. The allocation in the
FY17 Budget for the program is N8.55 billion.

Lead MDA: Federal Ministry of Power, Works and Housing

Partner MDAs: Federal Ministry of Finance, Federal Ministry of Environment and Federal
Ministry of Education

2017 Budget Code: FMOWP86285961

Theme: Mitigation

Type: Renewable Energy

Economic Profile – (Economic Rate of Return: 14.08%; Jobs Created: 5,714; Population Impacted:
190,473)

For the entire programme, it is estimated that 1.11 million individuals across the universities and 7 teaching
hospitals as well as 40,000 households. This programme is also expected to create several job opportunities,
with job distribution coming from initial construction, operation and maintenance activities. The
construction phase, which will be the first year of the project, is expected to create 5,714 jobs. After that,
1,904 jobs are expected to be created in the operation and maintenance period.

Environmental Profile – (CO2/Year: 46,427)

Energy demand assessments were carried out in a total of 59 institutions comprising forty (40) university
main campuses, nine (9) University City campuses and ten (10) university teaching hospitals, as part of the
EE programme. The 59 institutions between them had a total of 1,105 diesel generators. The ultimate

13
Use of Proceeds

objective of this project is the ultimate displacement of these generators, thereby significantly reducing the
amount of CO2 emissions. Furthermore, the attendant issue of diesel purchase and storage is reduced as
some of the diesel storage facilities do not meet required standards and waste fuel disposal is often carried
out in environmentally unfriendly ways. Of the 37 solar IPPs to be built under the Programme, 28 will
utilize solar technology. A minimum of 90 per cent. of the Phase 1 projects will utilise solar technology,
which is a sustainable, clean and efficient means of power generation. The optimum utilisation of this
technology mitigates carbon emissions and thus climate change.

Safeguard Profile – (Gender Impact: 380; Youth Impact: 190)

Both women and young adults will benefits under this Programme, being either students or staff of the
universities, doctors/nurses, or patients of the university teaching hospitals. The Programme also includes
the installation and operation of a training centre for final year electrical engineering students, who will
gain hands on practical experience in the operation and maintenance of the university IPPs. Both women
and young adults will benefit under this Programme, being either students or staff of the universities,
doctors/nurses or patients of the university teaching hospital. The Programme also includes the installation
and operation of a training centre for final year electrical engineering students, who will gain hands on
practical experience in the operation and maintenance of the university IPPs.

14
Use of Proceeds

Programme Name: Afforestation Programme

Programme Description

Afforestation is the establishment of a forest or stand of trees in an

area where there was no previous tree cover. Reforestation is the
establishment of forest cover either naturally (by natural seeding,
coppice or root suckers) or artificially (by direct seeding or planting).
Forestation is the establishment of forest growth on areas that either
had forest or lacked it. Many governments and non-governmental
organisations directly engage in afforestation programmes to create
forests, increase carbon capture and carbon sequestration and help
to anthropogenically improve biodiversity.

Project Name: MoE Afforestation Programme

Project Description

The Afforestation programme of the Federal Ministry of

Environment is expected to meet certain criteria such as strategic
approach, coverage and impact of the programme, contribution to
ecosystem and expansion/exit options. The strategic approach
adopted in involves actively engaging members of the communities
in the planting, maintenance, protection of forest land and
sustainability of the projects over time. The estimated cost of the
project is N1.99 billion, which has been fully captured in the FY-17
National Budget.

Lead MDA: Federal Ministry of Environment

Partner MDAs: Federal Ministry of Finance

2017 Budget Code: FRIOI58466661; NAFGG54305923; FMOEC80664332; and FMOEC1790850

Theme: Adaption

Type: Sustainable Forest Management

Economic Profile – (Economic Rate of Return: 4.44%; Jobs Created: 3,990; Population Impacted:
3,770,400)

The Afforestation Programme besides aiming to achieve economic and climate benefits, seeks to positively
impact an estimated 3.77 million citizens in communities across 26 states where the four departments of
the MoE will implement their projects. The positive impact will include, but not limited to provision of
shelter, provision of food, skill development in agriculture, processing of raw materials as well as the
empowerment of women and youth within the communities.

Environmental Profile – (CO2/Year: 12,969)

15
Use of Proceeds

Afforestation projects have significant and widespread benefits on the environment as they involve the
planting of trees. At the source of every ecosystem are trees which serve as homes, places of protection for
many animal species and even humans. Through photosynthesis, trees play a prominent role in the fight
against the greenhouse effect causing negative climate change around the world. The afforestation
programme aims to reverse the effects of desertification and soil erosion in Nigeria, which have turned
farmlands into dry wastelands over the years.

Safeguard Profile – (Gender Impact: 1,700; Youth Impact: 540)

Community engagement in the workforce will result in employment and wealth creation. Wealth
generated through labour engagements and skills acquisition would directly impact the quality of life of
the indigenous people. Female empowerment is important as most rural women are engaged in
agriculture. Community engagement in land acquisition, relocation, planting and maintenance will ensure
sustainability.

Putting the Principles into Practice

EEP REMU Afforestation

Refinancing (0%)
Use of Proceeds-
Allocation (%)
79.5% 1.4% 18.5% New Projects (100%)

Inter-Ministerial Director DCC

Assessment DG Debt Management
Committee on
Process for Office
Climate Change Due Nominate
Project Development Partners
Green Bond Diligence Projects
Evaluation and Capital Market Operators
Selection Program Technical Screening
Advice Team Green Bond Advisory Group

Bond ISIN Asset/Project Details

Management of Amount Disbursed Project Budget ID

Proceeds
Dedicated Unique tagging
Register

GHG Emissions
Renewables
Avoided
Reporting
Afforestation Economic Impact

16
6. Extract from External Review TBU

Climate Bonds Standard Board has conducted and Issued a Certificate for the FGN Green Bond

Public
Extract from External Review

18
Extract from External Review

19
Extract from External Review

20
7. Other General Information

Trading/Quotation Information

The Notes will be quoted and traded on The Nigerian Stock Exchange and the FMDQ OTC Securities
Exchange.

Authorizations

The Issuer has obtained all necessary consents, approvals and authorizations in connection with the issue
and performance of its obligations under the Notes prior to the date of this Prospectus. The issue of the
Notes has been authorized and cleared by the National Assembly, the Federal Executive Council, and the
Federal Ministry of Finance as part of the Borrowing to finance the 2017 Appropriation Act.

Public
Subscription Form
To:
Director-General,
Debt Management Office, Abuja.

DEBT MANAGEMENT OFFICE

NIGERIA

SUBSCRIPTION FORM FOR THE FEDERAL GOVERNMENT OF NIGERIA GREEN BOND

Applications must be made in accordance with the instructions set out on the back of this application form. Care must be taken to follow these instructions as
applications that do not comply with the instructions may be rejected. If you are in any doubt, please consult your Financial or Legal Adviser for guidance.

In response to the advertisement in both print and electronic media, I/We hereby offer my/our subscription for FGN Green Bond

A Guide to Application Date: E-allotment Details

D D M M Y Y Y Y Applicant S4 or CSCS A/C No.

Minimum Value: N 10,000,000.00 Value of Green Bonds Applied For N

Multiples therefore: N 1,000,000.00

B Amount in Words:

1. Individual Applicants (to be completed in block letters) 2. Joint Applicants (to be completed in block letters)
Fill Name (Surname first)…………….…………………………………… Full name (Surname first)………………………………………….……
(State titles if any e.g. Mr., Mrs., Miss.) (State titles if any e.g. Mr., Mrs., Miss.)
Occupation:……………………………….… Phone No…………..……… Occupation:………………………………Phone No…….…………...…
Next of Kin…….…………………………………………………….……… Next of Kin………………………...……………………………………...
Contact Address……………………………………………………………. Contact Address…………………………...……………………………..
Full Postal Address………………………………………………………… Full Postal Address…………………………………...……………….…
E-mail Address……………………………………...……………………… E-mail Address………………………………………………...…….…...
Name of Bank/Branch…………………………………………………….. Name of Bank/Branch……………………………….……………….….
Bank Account No………………………………BVN……………….……. Bank Account No…………………………...BVN………………....……
(For interest payment purpose) (For interest payment purpose)
Usual Signature…………………………………..Date…..……….………. Usual Signature……………...……..……Date………………..………..
Residency classification of Applicant (tick the appropriate box) Residency classification of Applicant (tick the appropriate box)
Resident Non-Resident Resident Non-Resident
(Residency classification of Applicant must be indicated) (Residency classification of Applicant must be indicated)

3. Corporate Applicants (to be completed in block letters) C Thumb print of illiterate applicant
Company’s Name……………….………………………………………….
Type of Business…………………………………………………………….
Contact Address………………………..……………..…………………….
Witness:
Full Postal Address......…………………………………………….……….
I………………………………………………………………..have given
E-mail Address……………………..……………………………………….
detailed explanation to this applicant in the language understood by
Contact Person………………………........... Telephone No.……..……… him and consequently the applicant has a clear understanding of the
Signature…………..……………..…Signature…………………………… transaction he/she has entered into.
Name of Bank/Branch.…………………………………………...………..
Bank Account No…………………………...….BVN…………….………. Signature…………………………………………………
(For interest payment purpose)

D Authorized Dealer
E Investor Category of Applicant
NAME OF FINANCIAL ADVISER:
(tick the appropriate box)
……………………………………………………………………………….
Individual Bank Corporate
Co-operative Society Foreign Investor FINANCIAL ADVISER CODE: ……………………….………………..
Government Agencies Staff Scheme
Non-Bank Financial Institution Others F OFFICIAL USE
Stamp of Financial Adviser ONLY
Amount Applied for N
Please affix company seal and RC Number
Amount Allotted N
 INSTRUCTIONS FOR COMPLETING THE APPLICATION FORM

1. Applications must be made only on the official form as prescribed by the Debt
Management Office.

2. Applications must be for a minimum of N10,000,000.00 and thereafter, in multiples of

N1,000,000.00. The value of the Green Bonds applied for should be entered in the
appropriate box.

3. The Application Form, when completed, should be lodged with the Financial Adviser.

4. The Financial Adviser will provide Allotment details to successful applicants who shall
be required to pay for Allotments latest by the Settlement Date to the Bank Account
indicated by the Financial Adviser. Payment may be in any form acceptable to the
Financial Adviser.

5. Applicants should note that No Charges or Fees would be paid by investors.

6. For the purpose of this application, residency classification refers to the country where
the Applicant(s) permanently resides as at the time of filling the Application Form,
Applicant(s) must indicate his/their residency classification in the appropriate box
provided.

7. For joint applications, information on the Applicants should be provided in the

appropriate boxes. However, all correspondence will be addressed to the first named
Applicant.

8. An application form from a group of individuals should be made in the names of those
individuals with no mention of the names of the group.

9. An application by a firm, which is not registered under the Companies and Allied
Matters Act, should be made either in the name of the proprietor or in the names of the
individual partners. In neither case should the name of the firm be mentioned.

10. An application from a corporation must bear the corporate body’s seal and be signed in
accordance with the company’s signature mandate by duly authorized officials. A
corporate stamp may be used where the corporate seal is not available.

11. An application from a pension or provident fund must be in line with the guidelines of
the National Pension Commission with regard to the custody of the pension assets.

12. An application by an illiterate person should bear his right thumb print on the
Subscription Form and be witnessed by an official of the Financial Adviser at which the
application is lodged, who must first have explained the meaning and effect of the
application to the illiterate person in his own language. The witness should indicate his
name and signature in the appropriate box.
13. The applicant should not print his signature. If he is unable to sign in the normal manner
he should be treated for the purpose of this offer as an illiterate and his right thumb
should be clearly impressed on the Subscription Form.