CENTRAL BANK OF NIGERIA INTERVENTION FUNDS/FINANCING
In line with the vision of President Muhammadu Buhari, the CBN has indeed created several lending programs and provided hundreds of billions to different sectors; smallholder farmers, industrial processors in several key agricultural produce, health sector, etc, though some of the intervention funds discussed here predates this administration of President Muhammadu Buhari.
A good question is how well these funds/schemes have been able to achieve their objectives. For instance, a 2018-CBN-evaluation report on Commercial Agricultural Credit Scheme (CACS) shows that from 2009 to 2016, only 191 firms benefited from this scheme with combined credit of N147.87 billion. Cooperative, 1; government owned company, 14; private limited liability companies, 151; public limited liability company, 8; Partnership, 3; Sole Proprietorship, 13 and others 1. Though there were marginal growths in production, sales, of the benefiting companies and subsequently GDP, what would have been a priority is the number of firms that benefited vis-à-vis the number of firms set or projected to benefit and the reasons for any variance (if any). Read more here – http://optionxpress.wordpress.com/2020/05/11/central-bank-of-nigeria-intervention-funds-financingidika-aja/
HOW TO MAKE MONEY THROUGH CASSAVA VALUE CHAIN|By Idika Aja, ACS –https://optionxpress.wordpress.com/2020/05/05/how-to-make-money-through-cassava-value-chainby-idika-aja-acs/
Money can solve all problems, as long as inflation isn’t a concern. https://optionxpress.wordpress.com/2020/05/05/money-can-solve-all-problems-as-long-as-inflation-isnt-a-concern/
As the lockdown starts to easy and economy starts to open, these investment outlets are recommended by experts. – Read more via this link: https://www.bloomberg.com/features/how-to-invest-a-million-dollars/
This is a challenging time for all of us and the current health environment is on top of our mind as much as yours. As we have mentioned previously, this is however the opportune time to connect businessses with the capital that they need and we are fully commited in helping fulfill your needs.
Here are the criteria some of our Impact Investors who have joined our platform recently and are looking to help provide the capital required for companies:
• European Debt Fund Looking across Sub Saharan Africa for companies engaged in essential services for COVID-19 ( Sectors Include : Manufacturing, Healthcare, Agriculture, Infrastructure, Education) (Revenue:US$5 Mn+)
• European Impact Fund investing across Sub Saharan Africa for companies engaged in affordable housing, water, energy, education and healthcare and in rural locations, innovative agriculture solutions. (Revenue:US$10 Mn+).
You can share blind teasers for relevant opportunities that fit the above criteria with me.