The Bank of Industry says it has disbursed N22.89 billion out of the N75 billion manufacturing sector intervention fund to 29 manufacturers.
The federal government has raised the amount small businesses could access on single digit loans to N5 million to ensure the country’s inclusive economic growth
Mr Olusi disclosed this on Thursday at the BoI’s 65th anniversary news conference in Lagos.
President Bola Tinubu has approved the appointment of a new board for the Bank of Industry.
NADDC director-general Joseph Osanipin said this Thursday at the Nigeria Automotive Industry Stakeholders Conference in Abuja.
FG has urged BOI and other DFIs in Nigeria to provide adequate funding for emerging sectors of the economy.
NYSC director-general Yusha’u Ahmed has called on corps members to adhere strictly to the scheme’s dress code and embrace regimented camp life.
On Tuesday, the Jigawa government and the Bank of Industry (BOI) signed an N6 billion partnership agreement to facilitate industrial development in the state.
Mr Sanni suggested that effective reduction in crop losses and waste would aid food security.
“We are creating an enabling environment for players and stakeholders in the media and information ecosystem to thrive.’’
