The President, Major General Muhammadu Buhari (retd.), on Thursday, approved the renewal of the appointment of Patience Oniha as the Director General of the Debt Management Office for a second term of 5 years in accordance with Section IV (9-i) of the Debt Management Office (Establishment ETC) Act, 2003.
According to a statement signed by his Senior Special Assistant on Media and Publicity, Garba Shehu, the renewal takes effect from July 1, 2022.
The statement is titled ‘President Buhari re-appoints Patience Oniha as DG, DMO.’
According to Shehu, Oniha’s appointment for a second term was based on “the significant achievements recorded by the DMO in the last 5 years, under her leadership. Amongst the achievements are the introduction of Sukuk and Green Bonds to finance the development of infrastructure where there is a huge gap.
“Under her watch, as part of the initiatives to improve the sustainability of the public debt and opening up avenues for raising long term funds…