CBN sets criteria for selection of companies in 100 for 100 PPP


THE Central Bank of Nigeria (CBN) has announced criteria for the selection of private sector companies’ participation under the 100 for 100 Policy on Production and Productivity (PPP). 

According to the apex bank, the selection for participation under the CBN’s PPP shall be based on the immediate contribution to the economic growth, jobs creation and social impact. 

The CBN noted that in selecting the companies and projects therefore, key areas such as production efficiency, scalability, historical financial performance (three years audited report of the company), viability of the business, credit-worthiness of directors, contribution to GDP potential, share of domestic market,…

Source: Nigerian Tribune