Regulatory Alerts2021-11-05 | DFD/DIR/PUB/CIR/01/002Guidelines for the Implementation of 100 for 100 Policy on Production and Productivity (100 for 100 PPP)
The Central Bank of Nigeria (CBN) introduces the 100 for 100 Policy on Production and Productivity (PPP) to stimulate investments in the country's manufacturing sector. The initiative aims to boost production and productivity, reduce imports, and improve foreign exchange earnings. Every 100 days, the CBN will select 100 private sector companies with projects that have the potential to increase domestic production and meet the set selection criteria. The initiative will be implemented in collaboration with participating financial institutions and will focus on the impact on GDP, exports, job creation, and capacity utilization.
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credit
operational
advisory