{
  "id": 15826253,
  "title": "States urged to leverage bonds for infrastructure projects",
  "url": "https://urgent.news/2026/10/21/states-urged-to-leverage-bonds-for-infrastructure-projects",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-21T00:33:27.000Z",
  "source": {
    "name": "Punch Nigeria",
    "slug": "punch-nigeria",
    "url": "https://punchng.com/states-urged-to-leverage-bonds-for-infrastructure-projects/"
  },
  "original_language": "en",
  "account": "The Federal Government has called on state governments across Nigeria to responsibly utilize capital market bonds to finance long-term infrastructure projects, with Vice President Kashim Shettima emphasizing the importance of structured bonds for sustainable development. At the National Capital Market Conference 2026 in Abuja, Shettima unveiled the Nigerian Capital Market Master Plan 2.0, which aims to expand the market to N750tn by 2036. The 10-year roadmap, developed by the Securities and Exchange Commission, seeks to deepen market participation, broaden investment products, and strengthen market integrity. Shettima highlighted that the reforms implemented by the Tinubu administration, such as removing petrol subsidies and tax reforms, have contributed to increased investor confidence and market growth. He stressed that the master plan would place the capital market at the forefront of infrastructure financing, enabling governments to fund long-term projects domestically rather than relying on foreign borrowing. The plan also aims to encourage retail participation through technology, investor education, and support for businesses in various sectors. As part of efforts to expand market access, the SEC announced plans to launch the National Savings Scheme, which will provide Nigerians with a formal avenue to save and invest in productive ventures.",
  "summary": "The Federal Government has urged state governments to leverage capital market bonds to fund long-term infrastructure projects for sustainable development. Read More: https://punchng.com/states-urged-to-leverage-bonds-for-infrastructure-projects/",
  "key_points": [
    "Nigerian Capital Market Master Plan 2.0 targets N750tn market size by 2036.",
    "Tinubu administration's reforms boost investor confidence and market growth."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch",
        "title": "States urged to leverage bonds for infrastructure projects",
        "url": "https://urgent.news/2026/10/21/states-urged-to-leverage-bonds-for-infrastructure-projects-15829629",
        "published": "2026-10-21T00:33:27.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}