Mr Olusi said that the MSMEs brought life to the local economy in the state.
BOI has launched a special intervention programme, Project Guaranteed Loans for Women, valued at N10 billion, to support female entrepreneurs.
The Bank of Industry says it has disbursed N22.89 billion out of the N75 billion manufacturing sector intervention fund to 29 manufacturers.
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.
