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Dutch Auction

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Auction No28 held on 4/16/2008
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 8,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks4
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Auction No27 held on 4/14/2008
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 9,500,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks5
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Auction No26 held on 4/9/2008
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 9,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks5
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Auction No25 held on 4/7/2008
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 10,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks5
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Auction No24 held on 4/2/2008
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 9,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks5
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Auction No23 held on 3/31/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 13,900,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks13
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Auction No22 held on 3/26/2008
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 4,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks2
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Auction No21 held on 3/17/2008
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 10,800,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks5
LinkDownloading of auction details in no longer permitted

Auction No20 held on 3/12/2008
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 8,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks4
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Auction No19 held on 3/10/2008
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 12,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks6
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Facts : 1/1/1900
Operation Feed the Nation (O.F.N.):Operation Feed the Nation was introduced by the federal military government headed by General Olusegun Obasanjo in 1979.It had the specific focus of increasing food production on the premise that availability of cheap food would ensure a higher nutrition level and invariably lead to national growth and development.OFN lasted till the civilian government of Alhaji Shehu Shagari in 1979.
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