Mr abubakar, didnt specify the exact amount to be disbursed in the first phase of the program, but he said those whose's applications where successful would start receiving their approved fund accordingly on thursday.
He said ''we are hopeful that towards coming thursday or friday. the disbursement of the fund would commence''
the credit facilities is a stimulus package created by CBN to support households, micro, small and medium enterprise affected by the COVID-19 pandemic.
Based on the guidelines provided by the CBN, those that can benefit from the fund are household with verifiable evidence of livelihood adversely impacted by COVID-19.
Activities under the scheme include agricultural value chain, hospitality, food services, health, pharmaceutical supplies and airline services providers and other income generating activities.
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