CBN 100 for 100 PPP Loan 2021/2022 Registration and Application Form: Apply Now – This is to inform the general public of the ongoing CBN 100 for 100 PPP Loan 2021/2022 to enable all interested and qualified persons to apply successfully using the application link portal in this article below
Contents
This initiative is designed to create the flow of finance and investments to enterprises with potential to kickstart a sustainable economic growth trajectory, accelerate structural transformation, promote diversification, and improve productivity. It is a support to private sector companies with the aim of reducing certain imports, increasing non-oil exports and to improve the FX-generating capacity of the economy.
The broad objective of the initiative is to reverse the nation’s over-reliance on imports, by creating an ecosystem that targets and supports projects with potential to transform and catalyze the productive base of the economy. The specific objectives include:
i. catalyse import substitution of targeted commodities;
ii. increase local production and productivity;
iii. Increase non-oil exports; and
iv. improve foreign exchange earning capacity of the economy
To apply online, visit the CBN 100 for 100 PPP application portal at https://100for100ppp.ng
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