Nigerian Content Intervention Fund is open to worthy persons who needs funds to better their business.
Application is invited from Nigerians who is in dire need of fund to kick-start of expand their existing business. The application is fresh and currently ongoing for every persons that needs fund for business.
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Who Can Apply?
Application is designed for both male and female of Nigerian origin. Such applicants must be willing to start a business or expand their business.
Young and old graduate can apply for the fund to start up a business of their choice.
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Details About The Nigerian Content Intervention Fund
The Nigerian intervention (NCI) fund is a Nigerian content development and monitoring board (NCDMB) fund managed by bank of industry limited (BOI).
Objective of the Nigeria Content Fund
The fund is designed to achieve the following objectives;
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. To increse indigenous participation in the Oil and Gas industry, build local capacities and competencies
. To promote the grwoth and development of Nigerian content in activities connected with sectors of Nigerian oil and gas industry.
. To deepen the creation linkages to other sectors of national economy and boost industries contribution to the grwoth of National Gross Domestic Products.
. To address persistence funding challenges that have hindred capacity and growth of local services providers in oil and gas.
. To facilitate the growth of community based companies in the upstream oil and gas sectors
. To spur productivity and job creation in the oil and gas industry
. To attract investment capital into the sector and boost contribution of sectors to the Nigeria economic growth.
Nigerian Content Fund Facility Types
. Assest acquisition loan
. Manufacturing loan
. Contract financing loan
. Community contract financing scheme
. Loan refinancing
