• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, August 7, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

`100 for 100 Policy’: Manufacturers seek more stakeholders’ engagement

Manufacturers

The Matters Press by The Matters Press
February 3, 2022
Reading Time: 2 mins read
0
PENCOM launches radio programme

Manufacturers in Edo and Delta have urged the Central Bank of Nigeria (CBN) to create more awareness about its “.100 for 100 Policy’’ on Production and Productivity (PPP).

RELATED POSTS

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

National Single Window initiative, a major step for efficient cross-border trade – TMSG

‎Group celebrates 45% increase in federal revenue in just one month

Dr Okwara Udensi, the Chairman, the Manufacturers Association of Nigeria (MAN), Edo/Delta chapter, made the appeal in Benin on Thursday.

Udensi said “we don’t know what the 100 for100 policy is all about, we just saw on the newspapers that about 28 companies have benefited from the policy.

“The awareness about the programme is not there, government should bring such policies closer to the relevant stakeholders through seminars and enlightenment programmes.

“For instance, the CBN can organise seminars on the 100 for 100 policy at its different state offices and invite the manufacturers association to attend.

“We can then pass the information down to our members, putting information on the media is not enough to get stakeholders participation.’’

He said that more stakeholders’ engagement about the policy would make potential beneficiaries get understanding on how to access the funding.

“It could be a good policy, but then, we don’t know what it is all about. We know it was inaugurated some time ago, but we don’t know beyond that,’’ he said.

CBN inaugurated the “100 for 100 PPP’’ initiative in November 2021, to provide funding for private companies with potential to significantly improve the country’s Gross Domestic Products (GDP), reduce imports as well as increase non-oil-export.

The Apex bank would provide funding at a single digit interest rate for 100 targeted private sector companies with projects in 100 days, beginning from Nov. 1, 2021.

The first cycle of beneficiaries comprising 28 companies were given N23.20 billion on Feb. 1, which marked the end of the 100 days to enable them fund their projects.

The bank noted that the 28 companies, out of the 243 applications submitted on its portal, clearly articulated their proposals and their projects were selected for funding.

Tags: Pensioners
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

August 7, 2025
Importers face delays, higher costs on Red Sea woes
Economy/Technology

National Single Window initiative, a major step for efficient cross-border trade – TMSG

August 4, 2025
Chatham House stance on Nigeria’s economy, a non-biased assessment of  reforms
Economy/Technology

‎Group celebrates 45% increase in federal revenue in just one month

July 28, 2025
POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Alleged Wasteful Turn Around Maintenance (TAM) of Refineries: Setting the records straight

July 25, 2025
Dangote Fertilizer in gas supply deal
Economy/Technology

IMPI seeks forensic audit of refineries from 2000 to 2023 ‎ ‎

July 25, 2025
Nigeria’s Dangote refinery will cut Africa’s petrol import by 36%
Economy/Technology

‎ADC erred, APC administrations never spent $18bn on refineries-IMPI ‎

July 25, 2025
Next Post
CIIN seeks NCRIB’s collaboration for compulsory insurance law enforcement

CIIN seeks NCRIB’s collaboration for compulsory insurance law enforcement

Consumer commission, CBN, EFCC investigate violations in money lending

Rivers state to access N15bn CBN Infrastructure fund

Recommended Stories

NDIC gives hope to customers of Fortis Bank

NDIC to pay N16.18bn liquidation dividends of 20 failed banks

December 8, 2023
Value of China’s export to US dips

Value of China’s export to US dips

November 6, 2018
At Saudi summit, Nigeria demands two state solution in  Israel, Palestine crisis

At Saudi summit, Nigeria demands two state solution in Israel, Palestine crisis

November 11, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • ‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎
  • National Single Window initiative, a major step for efficient cross-border trade – TMSG
  • ‎Group celebrates 45% increase in federal revenue in just one month

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us