
Central Bank of Nigeria Releases N114bn Under 100-for-100 Policy
Prashant Trivedi
1 min
News
Description
The Central Bank of Nigeria has disbursed N114.17bn to beneficiaries under its 100-for-100 Policy on Production and Productivity since the commencement of the intervention. <br />The CBN Governor, Godwin Emefiele, stated that the funds were expended on 71 projects across healthcare, manufacturing and agriculture sectors. <br />He says under the 100 for 100 Policy on Production and Productivity, the Bank has disbursed the sum of N20.78 billion to nine projects in healthcare, manufacturing, and services. <br />The CBN fixed the maximum loan amount that a participant could get at N5bn.
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Central Bank of Nigeria Releases N114bn Under 100-for-100 Policy
Prashant Trivedi