2021 BOI/CBN Intervention Fund Scheme – Apply here

BOI/CBN Loan and Intervention Fund: This is to inform the general public that the Bank of Industry (BOI) in collaboration with the Central Bank of Nigeria (CBN) is given out Intervention Fund/Loan to MSMEs in Nigeria, see more details below.

The application process is ongoing, as you read down; I will show you guidelines and procedures on how to apply successfully.

The BOI/CBN Intervention Fund is divided into two parts, which are:

  1. N235 Billion CBN Intervention Fund for Manufacturing Re-Financing and Restructuring Facilities of Banks’ Loans.

These Guidelines relate to the N235 billion intervention fund for re-financing and restructuring of banks’ loans to the manufacturing sector (The Fund).

The objectives of the Fund are to:

  •  Fast-track the development of the manufacturing sector of the Nigerian economy by improving access to credit to manufacturers.
  •  Improve the financial position of the Deposit Money Banks (DMBs).
  •  Increase output, generate employment, diversify the revenue base, increase foreign exchange earnings and provide inputs for the industrial sector on a sustainable basis.
  1. N300 Billion CBN Power and Airline Intervention Fund (PAIF)

 The objectives of the Fund are to:

  • Fast-track the development of electric power projects, especially in the identified industrial clusters in the country;
  • Fast-track the development of the aviation sector of the Nigerian economy by improving the terms of credit to Airlines;
  • Improve power supply, generate employment, and enhance the living standard of the citizens through consistent power supply;
  • Provide leverage for additional private sector investments in the power and aviation sectors.

Read – AGSMEIS Loan Application Scheme Registration Portal 2021 – nirsalmfb.caderp.com

How to Apply for the 2021BOI/CBN Intervention Fund

To start application for the 2021BOI/CBN intervention Fund/Loan, applicants are to visit  www.boi.ng/cbn-intervention-fund/ or Click Here to apply

To get more enquires about N235 Billion CBN Intervention Fund for Manufacturing Re-Financing and Restructuring Facilities of Banks’ Loans, Click Here

To get more enquires about N300 Billion CBN Power and Airline Intervention Fund (PAIF), Click Here

To contact Bank of Industry (BOI) for further information, Click Here

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Author: Noblinks

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