Central Bank of Nigeria Unveils 100 for 100 Policy

The Central Bank of Nigeria has unveiled selection criteria for private sector companies to participate in its new financial instrument tagged, “The 100 for 100 PPP – Policy on Production and Productivity.<br />The central bank explained that the selection criteria for participation would be premised on the business’ immediate contribution to economic growth, jobs creation, and social impact.<br />It pointed out that in selecting the companies, evidence-based, transparent and measurable criteria shall be deployed.<br />The central bank says the move was to ensure the operational framework for a robust and transparent process for identifying and selecting high-impact companies and projects under its 100 for 100 PPP.