economy. your excellencies, distinguished ladies and gentlemen, permit me at this juncture to mention other intervention programmes and schemes of the central bank of nigeria targeted at catalysing production and productivity in the real sector of our economy. these interventions include the n1. 0 trillion real sector facility ( rsf ), real sector support facility ( rssf ), anchor borrowers'programme ( abp ), commercial agriculture credit scheme ( cacs ), non - oil export stimulation facility ( nesf ), and textile sector intervention facility ( tsif ). specifically, these programmes and schemes have continued to receive resounding commendations, as they have proven to be effective in expanding credit and stimulating investments in the real sector. for instance, under the n1. 0 trillion real sector facility, the bank has released a total of n1. 40 trillion to 331 real sector projects in agriculture, manufacturing, mining, and services sectors. under its real sector support facility ( rssf ), the cbn has disbursed n166. 21 billion to 25 projects. in the agricultural sector, the bank's anchor borrowers'programme ( abp ) has disbursed n927. 94 billion to over 4. 5 million smallholder farmers for the cultivation of 21 commodities across the country. also, the bank has financed 666 large - scale agricultural projects with the potential of creating an estimated 70, 070 direct and indirect jobs under its commercial agriculture credit scheme ( cacs ). 2 / 4 bis - central bankers'speeches your excellencies, distinguished ladies and gentlemen, with the significant opportunities in the real sector, there remains sufficient room for additional investments in the various sub - sectors and i would like to urge potential investors to take advantage of the various cbn intervention programmes and schemes, as well as other financing options out there, to invest in key sectors of our economy given the potential gains that could be generated from them. let me assure all current and prospective operators in the industrial sector that the central bank of nigeria stands ready to continue to provide the needed support, financial and otherwise, to fast - track the development of our industrial sector. for those seeking to invest in new greenfield or existing brownfield projects, the bank will continue to provide all the needed support, both in naira and dollars specifically for the importation of plants and equipment to actualize these investments. it is pertinent to point out that the foreign exchange support will be solely for the

godwin i emefiele : official launching of the 100 for 100 policy for production and productivity opening remarks by mr godwin i emefiele, governor of the central bank of nigeria, at the official launching of the 100 for 100 policy for production and productivity ( ppp ), lagos, 31 january 2022. * * * good afternoon, distinguished ladies and gentlemen. i am pleased to welcome you to the official launch of the 100 for 100 policy for production and productivity ( ppp ), an intervention of the central bank of nigeria designed to stimulate investments in nigeria's priority sectors with the core objective of boosting production and productivity, which will aid our efforts to stimulate greater growth of our economy and create employment opportunities. under this initiative, every hundred days, manufacturers in critical sectors that seek to engage in greenfield projects or in expanding their existing facilities will have access to cheaper forms of credit at single digit rates, as well as foreign exchange to procure plants and machineries. this programme has the potential to significantly accelerate manufacturing output, promote further diversification of our economy and enable faster growth of our non - oil exports. more specifically, the ppp will help to reduce our overreliance on imports, and stimulate productivity in agriculture, healthcare, manufacturing, extractive industries, logistics services, trade - related infrastructure, and renewable energy. this launch also fulfills the commitment we made during the unveiling of the first central bank digital currency ( cbdc ), the enaira, by his excellency, president muhammadu buhari gcfr, on the 25th of october, 2021, when we announced that the cbn will introduce a 100 for 100 – policy on production and productivity ( ppp ), under which eligible companies in priority sectors will be screened and 100 companies will be selected to receive funding from the cbn every 100 days, beginning from 1st november 2021. the selection of subsequent beneficiaries will be rolled over every 100 days with new sets of 100 companies and details of these companies will be published in the major national dailies. today's launch of the 100 for 100 policy for production and productivity ( ppp ) initiative and cheque presentation to selected companies, is a culmination of our engagements with critical stakeholders in the manufacturing sector and financial institutions, as we have here today pioneer beneficiaries of the initiative and the participating financial institutions. your excellencies, distinguished ladies and gentlemen, over the past seven ( 7 ) years,