BOI lifts 2m million business owners with N678bn in four years – Official

The Bank of Industry says it has provided financial assistance amounting to N678bn to more than two million enterprises in the country in the last four years.

The chairman, Aliyu Dikko, said this last week at a roundtable organised by the bank to interact with stakeholders.

‘Investing in Communities Affected by Conflict and Crisis’ was the theme of the roundtable aimed at chartinga way forward for a sustainable economy.

Mr Dikko said the bank had also ensured the creation of jobs across the country, using the Federal Government TraderMoni Scheme targeted at micro businesses.

According to him, the bank is working with the Emergency Coordination Centre, especially in the North East region, to address the challenges facing the people.

He thanked stakeholders in the sector for their commitment towards ensuring an economically viable Nigeria.

Some stakeholders, including telecommunication and financial operators, at the event lamented the level of destruction in the North East due to insurgency and terrorism.

They pointed out that key to revitalising the region was boosting its economy and giving its people access to credit facilities.

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