Investor Presentaiton

However, given optimal structures and leveraging the improved business environment will attract additional private capital to drive development and improve Nigeria's competitiveness FirstBank Since 1894 Growing Business Financing in Nigerial The robust regulatory framework builds trust and signal confidence from the private sector attracting funding into the economy Collateral Registry Financial institutions need to maximize the potentials of the country's collateral registry to scale up the business finance for the plethora of MSMES Also, extend coverage of the credit bureau to include a larger segment of the bankable population through integrating nontraditional credit providers into the credit reporting system Public Private Partnerships Increased use of the government and private capital will increase the business financing resources particularly for critical sectors of the economy Government will: Streamline process for approval of PPP projects from average 2 years to 6 months Expand the infrastructure tax credit scheme to other critical infrastructure User-based funding This structure could be in form of tolling or consumption taxes used to finance development and maintenance of infrastructure For example: ☐ Petroleum surcharge goes to the "Highway Trust Fund" for road construction and transportation Imposition of 0.5% levy on the wholesale price of petroleum products to fund the Midstream Gas Infrastructure Sector Liberalization Full deregulation of a sector and the discipline of market competition will create enabling conditions for private capital allocation. The recently enacted Petroleum Industry Act 2021 will attract private capital into Nigeria's oil and gas sector Replicate success recorded in other sectors: ☐ Successful outcome in the Telecoms sector Successful outcome in the Ports sectors

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