BoI provides N678bn loans to 2m enterprises in 4 years


IN the last four years, the Bank of Industry, BoI, has provided financial assistance amounting to N678 billion to more than two million enterprises in the country. Aliyu Dikko, chairman, BoI, said the bank had also ensured the creation of jobs across the country, using the federal government Trader Money Scheme targeted at micro businesses.

Dikko said this at a roundtable organised by the bank to interact with other stakeholders. The roundtable tagged “Investing in Communities Affected by Conflict and Crisis’’ was to chart a way forward toward ensuring a sustainable economy. The stakeholders included telecommunication and financial operators.

According to him, the bank is working with emergency coordination centre, especially in the northeast region to address the challenges of the people. He thanked stakeholders in the sector for their commitment toward ensuring an economically viable Nigeria.

Some stakeholders at the event lamented the level of destruction in the North East, following acts of insurgency in the recent past. According to them, the key to revitalising the region is boosting its economy and ensuring that its people have access to credit facilities.

The stakeholders had earlier mentioned insecurity, electricity and bad road network in parts of the country as some of the challenges being faced by people of the northeast.

– Aug. 30, 2019 @ 16:55 GMT |

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