CBN unveils framework to empower 100 companies - Punch Newspapers

The Central Bank of Nigeria has commenced the 100 for 100 Policy on Production and Productivity with the unveiling of an operational framework to guide interested companies in participating in the initiative.

“These are projects that must catalyse sustainable employment-led economic growth through increased domestic production and productivity in the near term,” the framework read in part. Emefiele said the initiative was based on the conviction that with the right support, the country would begin to see “a significant, measurable and verifiable increase in local production and productivity, reduction in certain imports, increase in non-oil exports, and improvements in the foreign exchange-generating capacity of the economy.”

It added that the criteria to be used in the selection process would be evidence-based, transparent and measurable.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CBN Releases Criteria For Companies' Participation In 100 For 100 PPPThe Central Bank of Nigeria (CBN) has unveiled detailed criteria for private sector companies’ participation under the 100 for 100 Policy on Production
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Akwaaba African travel market to honour top 100 hotels in Nigeria | The Guardian Nigeria News - Nigeria and World NewsAll over the world, hospitality and tour operations were the biggest victims of COVID-19 pandemic lockdown, and Nigeria had its share of the hit, which shut down the economy.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

CBN Releases Criteria For Companies' Participation In 100 For 100 PPPThe Central Bank of Nigeria (CBN) has unveiled detailed criteria for private sector companies’ participation under the 100 for 100 Policy on Production
Source: LeadershipNGA - 🏆 4. / 77 Read more »

NEPC empowers 60 Osun SMEs for export business - Punch NewspapersThe most widely read newspaper in Nigeria
Source: MobilePunch - 🏆 8. / 63 Read more »