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.
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.
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;
. 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