NEXIM Bank dispenses N22bn, aids 2,039 jobs

The Nigerian Export-Import Bank said it has dispensed about N22 billion and created around 2,039 direct jobs in one year.

The N22 billion disbursed also led to the creation of several indirect jobs and foreign exchange earnings of about $267 million annually.

The beneficiaries of the disbursed fund were mostly exporters of agricultural commodities and value-added products such as cocoa, cashew, sesame seed, gum Arabic and leather products.

The bank also said it was providing investment guarantees to aid private sector investments and partnerships in internationally acceptable laboratories and assaying facilities/related infrastructure.