₦airaland Forum

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has opened applications for a $150 million offshore financing facility designed to support the expansion of Nigerian businesses across strategic sectors of the economy.

The facility, developed in partnership with ODDO BHF SE, a German banking group, provides eligible businesses with access to long-term financing at single-digit interest rates to fund business growth, industrial expansion and technology acquisition.

Applications are now being accepted through the dedicated online portal unveiled during the Infrastructure Conference (INFRACON) 2026 in Abuja.

About the Financing Facility

The initiative aims to improve access to international capital for Nigerian businesses by providing long-term funding for expansion projects.

According to NACCIMA, the financing package offers:

- A minimum funding amount of $10 million.
- Single-digit interest rates.
- A minimum repayment tenor of 7.5 years.
- Access to long-term international financing for business expansion.

Eligible Sectors

The facility is open to businesses operating in the following sectors:

- Manufacturing.
- Agro-allied processing.
- Energy.
- Logistics.
- Mineral beneficiation.
- Transportation.
- Information and Communication Technology (ICT).

NACCIMA stated that 20 percent of the total fund has been reserved specifically for projects within Nigeria's digital economy.

Funding Conditions

Beneficiaries will be required to:

- Commit between 35 percent and 50 percent of the financing to the purchase of eligible machinery, equipment, technology and related services from Europe.
- Invest the remaining balance in Nigeria or other approved markets in line with the financing agreement.

The programme is designed to support the acquisition of modern industrial equipment and technology that can improve productivity and competitiveness.

Eligibility Requirements

To qualify for the financing facility, applicants must:

- Demonstrate financial viability.
- Provide at least three years of audited financial statements.
- Show compliance with Environmental, Social and Governance (ESG) standards.
- Be verified financial members of a recognised organised private sector association.

Eligible associations include:

- Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).
- Manufacturers Association of Nigeria (MAN).
- Nigerian Association of Small and Medium Enterprises (NASME).
- Nigerian Association of Small Scale Industrialists (NASSI).

How to Apply

Interested and eligible businesses should:

1. Visit the official NACCIMA financing application portal.
2. Complete the online application form.
3. Submit all required financial and supporting documents.
4. Provide evidence of membership in an eligible organised private sector association.
5. Upload audited financial statements and ESG compliance documentation for assessment.

Applications will undergo a review process to determine eligibility before financing approval.

Key Features of the Facility

- Total Fund Size: $150 million.
- Minimum Financing: $10 million.
- Interest Rate: Single-digit.
- Minimum Repayment Period: 7.5 years.
- Target Beneficiaries: Eligible Nigerian businesses seeking expansion capital.

Purpose of the Programme

According to NACCIMA, the initiative seeks to:

- Improve access to long-term international financing.
- Support industrial expansion.
- Increase the competitiveness of Nigerian businesses.
- Promote technology acquisition and modernisation.
- Strengthen sustainable business growth through ESG-compliant investments.

Businesses with expansion plans that meet the programme's eligibility requirements are encouraged to submit their applications through the official portal as early as possible.

https://verynigerian.com/naccima-opens-applications-for-150-million-business-expansion-financing-facility-how-to-apply/

Watch how APC will use fictitious names to fill the list and collect same money and divert it for election purposes. Criminal government

Are you to give us in dollars or what ? As you work for good governance, pls take a snap at our exchange rate.....

Another looting strategy to syphon public funds. They keep posting billions of dollars in government operations and administration, but rather than the masses experiencing relief, they suffer pain and death.

I just pray that God helps and fights for the hopeless, the poor, and the oppressed against the few who have lorded themselves over the resources that belong to everyone.

If the solution is that this country breaks, let it happen in the quickest time.

The other day, I saw politicians sharing two sachets of Indomie, and I cried so hard…

This is what you get when you have certificate forgers at the helm of affairs — all with fraudulent backgrounds who, while growing up, never at any time had the motivation to act civilly and responsibly. Leaders with the shameful principle of: “all is fair in politics.”

Leaders who won’t flinch for a second before sacrificing the lives of those they promised to protect for a morsel of food.

If you do not fix the economy you destroyed in 1.5 years no amout of dollars you channel into it will yield anything.

Fix the goddam economy.

This is good for members of the various association but I need an explanation.
$150m is the total fund available, while the minimum amount anyone can apply for is $10m, so the maximum number of possible beneficiary is just 15companies if they all applied for 10m
Make some explain abeg

How do you expect someone to take the loan with all the restrictive conditions.

shortgun:
How do you expect someone who already has 40% of $10 million dollars to take that loan with all the restrictions?

There is no 40% equity contribution stated na.
Where did you get that from.
You've modified your comment.
No free money anywhere, even govt job comes with conditions, not to mention private bodies.
10m no be small money, even for naira

Legitbeauru:
Another looting strategy to syphon public fund. They keep posting billons of dollars in government operations and administration, but rather than the masses experiencing relief, they suffer pain and death.

I just pray that God helps and fight for the hopeless, the poor and the oppressed against the few who have Lord themselves over the resources that belongs to everyone.

If the solution would be that this country breaks, let it happen in the quickest time.

The other day I saw the politicians sharing 2 sachet of indomie and I cried so hard…

This is what you get when you have certificate forgers in the helm of affairs. All with fraudulent backgrounds who never at anytime while growing up had the motivation to act civilly and responsibly. Leaders with shameful principle of: “all is fair in politics”.

Leaders who wont flinch a second before sacrificing the lives of those he promised to protect for a morsel of food.

Be calming down, it's a private body like NMA, NBA etc, it's like Bankers Association coming together to give out loan

I was at the bank of industry not too long ago to access seed capital loan.
Omo, lending houses no dey provide venture capital again, only for expansion of existing businesses.

When I see people raving about Tinubu's economy, I see people who are either bereft of gumption or people who are simply wicked and selfish to the highest possible degree.

OlujobaSamuel:
Be calming down, it's a private body like NMA, NBA etc, it's like Bankers Association coming together to give out loan

I didn’t even bother to check for further details because I know that whether it’s private or public, it’s all the same. We are used to the pattern. They use private organisations to front their fraudulent activities.

Their cronies are scattered across all our institutions to facilitate their corrupt practices… it’s still the same.

I can bet my life on it that 99% of those who get the loan may not meet 1% of the requirements. We are used to the system. They’ve just changed the format this time.

OlujobaSamuel:
This is good for members of the various association but I need an explanation.
$150m is the total fund available, while the minimum amount anyone can apply for is $10m, so the maximum number of possible beneficiary is just 15companies if they all applied for 10m
Make some explain abeg

Baba $10m na minimum.
In other words just three companies can apply for $50m and clear up the pool.

Something is very fishy about this whole racket.

Will it get to people, truly as intended?
In all Honesty?
Even if it's 70% of it?

Answer very honestly.

ebuk4real:
Watch how APC will use fictitious names to fill the list and collect same money and divert it for election purposes. Criminal government

Don't derail this Beautiful Program ,if you don't have anything tangible to Offer NIGERIANS,for this is Not -About A Political Issues but Serious Matters of the Economy and A Productive Economy - For that Matter 🤔.
No wander - the Topic remains Dry - as many Nigerians Are just Too Gaulible On Political Affairs than On the Economy- For Nothing sake !

Tenses:
If you do not fix the economy you destroyed in 1.5 years no amout of dollars you channel into it will yield anything.

Fix the goddam economy.

How do you recommend that the fixing should be done?

They are even asking for 1,000 000 non refundable to be able to submit your application

Applicants should verify the official portal, eligibility, closing date and whether any fee is requested before submitting documents. A strong application should show the problem, customer evidence, a realistic budget, milestones, and measurable jobs or revenue.