CPPE urges CBN to rethink development finance, says real sector faces N50tn funding gap

The organisation CPPE said the financing constraints stem from structural market failures rather than a shortage of liquidity, citing high lending rates, short loan tenors, stringent collateral requirements, limited risk appetite among lenders, and inadequate patient capital.

By Yinka Kolawole The Centre for the Promotion of Private Enterprise (CPPE) has called for a comprehensive overhaul of Nigeria’s development finance architecture to address an estimated N50 trillion financing gap constraining the country’s productive sectors. In a policy brief issued on Sunday, the Chief Executive Offi