Global Trade Alert
Global Trade Alert

Nigeria: The Nigerian Content Development and Monitoring Board establishes the Nigerian Content Intervention Fund

Announcement

26 Jul 2016

The Nigerian Content Development and Monitoring Board on 26 July 2016, for the first time, established the Nigerian Content Intervention Fund in collaboration with the state-owned Bank of Industry.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Jul 2016

Revocation date:

No revocation date

Updated: 26 Jul 2016
State loan In force
On 26 July 2016, the Nigerian Content Development and Monitoring Board together with the Bank of Industry established the Nigerian Content Intervention Fund. The Fund's budget is USD 100 million and t...
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Updated: 26 Jul 2016
Local content incentive In force
The Nigerian Content Development and Monitoring Board signed a Memorandum of Understanding (MoU) with the Bank of Industry. The MoU was signed with the purpose of establishing the Nigerian Content Int...
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