CBN Disburses N68bilion Under 100-for-100 Policy

The Central Bank of Nigeria, CBN, has disbursed N68.13billion to beneficiaries under its 100-for-100 Policy on Production and Productivity.

CBN Governor, Godwin Emefiele, disclosed this after the last Monetary Policy Committee meeting.

According to the guidelines for the implementation of the initiative, the Apex Bank fixed the maximum loan amount that a participant could get at N5billion.