2018-03-26 | DFD/ CPO/ GEN/ ESF/ 01/ 009

Non-oil Export Stimulation Facility (NESF) Guidelines

The Central Bank of Nigeria introduced the Non-Oil Export Stimulation Facility to diversify the country's revenue and boost the non-oil export sector. The facility offers concessionary finance to eligible non-oil export-oriented enterprises to expand their operations and increase their contribution to economic development. The guidelines outline eligibility criteria, objectives, features, application procedures, and the roles and responsibilities of stakeholders, with the CBN providing loanable funds and managing the scheme, while Participating Financial Institutions disburse funds and monitor utilization.

Nigeria

Central Bank of Nigeria

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