President Bola Ahmed Tinubu has commended the Bank of Industry (BOI) for achieving N636 billion in loan disbursement to businesses in 2025, the highest annual financing volume in the institution’s history.
The President described the milestone as concrete evidence that ongoing macroeconomic reforms are strengthening development finance institutions and unlocking capital for productive sectors of the economy.
Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed this in a statement on Thursday.
The N636 billion was disbursed to more than 7,000 enterprises nationwide. A breakdown of the financing shows that N202 billion was allocated to agro-allied enterprises, N100 billion to critical national infrastructure, including broadband, power, aviation, and transportation, N79 billion to manufacturing, N77 billion to extractive industries, and N55 billion to services, the statement said.
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