Bank of Industry/CBN Intervention Funds/Loan 2021/2022 Apply here

Bank of Industry (BOI) and Central Bank of Nigeria (CBN) Intervention Fund/Loan Application Form Registration Link Portal is opened for interested Nigerians to apply online. Guidelines on how to apply for the ongoing BOI/CBN Loan and intervention funds/Loan will be discuss here.

This article contains about the 2021/2022 Bank of Industry/CBN Intervention Funds/Loan, how to apply online, requirements involves and Application types.

ReadHow to apply for COVID19 Funds 2021

BOI/CBN Intervention Fund is of two types, namely:

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

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

BOI/CBN Intervention objectives of the Fund are to:

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

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.

How to apply/register for Bank of Industry/CBN Intervention Funds/Loan

To get started for BOI/CBN Loan 2021, applicants are to visit  www.boi.ng/cbn-intervention-fund/

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BOI CBN Intervention Funds/Loan Link Portal

Vera

Blessed Vitus is the Founder and a Publisher at Efficiencyview.com. A seasoned online Publicist and a Geologist

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