2023-05-11 | TED/FEM/PUB/FPC/001/002

Operating Guidelines for RT200 Non-Oil Export Proceeds Repatriation Rebate Scheme

The Central Bank of Nigeria has issued guidelines for the RT200 Non-Oil Export Proceeds Repatriation Rebate Scheme, offering a rebate of N25 for every USD$1 repatriated and sold on the Investors' & Exporters' Window for third-party use, and N15 for every USD$1 for own use. The scheme aims to encourage exporters of primary products to enhance their capacity and engage in value-added exports, with an effective implementation date of April 1, 2023.

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monetary
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funds
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