Mabs Concept Resources

02/05/2024

Comparing the removal of a fence for road expansion to the destruction of businesses worth billions of Naira is an unfair comparison made only by ignorant and brainless people.

22/04/2024

Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF

Nigeria records 2.54% GDP growth rate in Q3 2023

Nigeria is projected to slip to the fourth largest economy in Africa in 2024, behind South Africa, Egypt, and Algeria, according to IMF forecasts for April 2024.

Nigeria which has held the title of “Africa’s largest economy” since the GDP rebasing in 2013 is projected to have a total GDP of $253 billion in 2024, primarily due to the devaluation of the Naira.

According to IMF forecasts, South Africa will be Africa’s largest economy with a GDP of $373 billion, followed by Egypt with $348 billion, and Algeria with $267 billion.

25/01/2024

One of the top 5 banks in Nigeria is looking for young intelligent and market-driven individuals, who desire to start their career in banking. Such person(s) must be up and mobile, innovative and have the requisite passion to excel in banking.

Qualification: BSC, OND, NCE, HND etc

Age: Not more than 30yrs

Salary Structure: Attractive Fix Salary and commission.

LOCATION: Interested applicants must be staying around Aguda, Surulere, Orile & Mile 2 etc.

Interested persons send their CV to [email protected]

19/10/2023

Leadership has been our problem in Nigeria.

26/04/2022

It is the CEO’s 40th birthday
4 decades on earth, it can only be God.

03/04/2022

03/04/2022

Will they listen?

05/02/2022

Mabs Concept Resources

31/01/2022

HOW TO APPLY FOR THE CBN ‘100 for 100 PPP LOAN

The CBN launched the 100 for 100 Policy on Production and Productivity (PPP) targeted at private companies who have a project to fund and can apply for as much as N5 billion under the scheme.

What CBN Aim to achieve:

The Central Bank of Nigeria is prepared to select 100 private sector companies with projects that have the potential to significantly increase domestic production and productivity, reduce imports, increase non-oil exports, and overall improvements in the foreign exchange generating capacity of the Nigerian economy.

The loan maximum amount is N5 billion per obligor and any amount above N5 billion shall require the special approval of CBN’s Management.

More Details:

The interest rates on this intervention are 5.0% p.a. (all-inclusive) up to 28th February 2022, thereafter, interest on the facility shall revert to 9% p.a. (all-inclusive) effective from 1st March 2022.

CBN would monitor the progress of the company.

For more details about the loan, documentation, and process contact

Ike Anthony Abaelu
Mabs Concept Resources
07038091189, 09090200470
[email protected]

25/11/2021

The CBN “100 for 100 Policy for Production and Productivity” (100 for 100 PPP).

FG has been borrowing massively to fund the economy out of recession and reduce inflation but though I have doubts about the utilization of the fund but yet there is no other easy way out.

But to create jobs FG needs to aggressively fund the following sectors of the economy;

1. Manufacturing sector
2. Agriculture and agro-processing
3. Petro-chemicals and renewable energy
4. Healthcare and pharmaceuticals etc

This is to enable them to expand, increase the production outputs and efficiency level, create job opportunities, and enhance our export capacity; however, the value chain is enormous including solving the insecurity.

To achieve this, a few weeks ago CBN announced a new policy which in my own opinion I think would be the most effective to navigate the economic recovery and create jobs if holistically carried out for the next few years even beyond the tenure of this present Government;

“ the 100 for 100 Policy for Production and Productivity” (100 for 100 PPP)

It simply means;
The CBN will screen and finance eligible 100 companies every 100 days.

It's a Long-term loan for the acquisition of plant and machinery and Working capital, tenor between 3yrs and 10years, a Loan maximum of N5 billion per obligor, and up to a 2year moratorium.

And your favorite Loan and Business Consultant has been visiting companies in different parts of the country bring them onboard to key into this CBN program to make sure the target is met and the purpose is achieved.

If you fall in the above-listed sectors please call us today.

Ike Anthony Abaelu
(Loan & Business Consultant)
Mabs Concept Resources
07038091189, 09090200470
[email protected]

26/10/2021

FG Plans Five Million Solar-powered Households, 250,000 Jobs

The President, Major General Muhammadu Buhari (retd.), has said that his regime plans to create up to 250,000 jobs from its efforts to connect up to five million households to solar power.

Read more :
https://punchng.com/fg-plans-five-million-solar-powered-households-250000-jobs/?utm_term=Autofeed&utm_medium=Social&utm_source=Twitter =1635238662

Do you wish to participate in FGN SOLAR CONNECTION SCHEME, aimed to power 5million homes funded by CBN?

Do you Manufacture solar panels and components?

Do you Assemble solar components and Balance of System?

Do you Repair and specialize in the maintenance of solar home systems and mini-grid equipment?

Do you specialize in Distribution and after-sales support of solar home systems (SHS)?

Do you specialize in Mini-grid project development activities including site identification and assessment, design and planning, and customer acquisition?

How about Engineering, procurement, and/or construction of Mini-grids?

For more information Call Tony: 07038091189, 09090200470

15/10/2021

SOLAR POWER NAIJA PROJECT

Do you wish to participate in FGN SOLAR CONNECTION SCHEME, aimed to power 5million homes funded by CBN?

Do you Manufacture solar panels and components?

Do you Assemble solar components and Balance of System?

Do you Repair and specialize in the maintenance of solar home systems and mini-grid equipment?

Do you specialize in Distribution and after-sales support of solar home systems (SHS)?

Do you specialize in Mini-grid project development activities including site identification and assessment, design and planning, and customer acquisition?

How about Engineering, procurement, and/or construction of Mini-grids?