Application for BOI/CBN Loan Intervention Fund Registration 2023 – This is to officially inform you of Bank of Industry (BOI) /CBN Intervention Fund 2023 for all to apply successfully. The registration application form portal for BOI/CBN Loan is open and available for all interested and qualified persons to apply successfully.
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It will be better for you to grab this opportunity now and apply for BOI/CBN Loan Intervention Fund 2023
The BOI/CBN Intervention Fund is divided into two;
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.
READ: New Applications for NMFB Loans AGSMEIS/TCF Household/SME Reopens – Apply here
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.
SEE ALSO: CBN Tertiary Institutions Entrepreneurship Scheme (TIES) for Graduates – Apply now
How to Apply for the BOI/CBN Intervention Fund Loan 2021/2022
To begin application for the BOI/CBN Loan 2023, applicants are to visit: https://apply.boi.ng/
For further enquiry, click HERE
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