BOI disbursed N9bn to SMEs in Kwara
The Managing Director of the Bank of Industry (BOI), Olukayode Pitan, has disclosed that the bank had so far disbursed over N9billion to support small businesses in Kwara State.
A release by the bank indicated that Pitan made the disclosure during a courtesy visit to the Kwara State Governor Abdulfatah Ahmed.
He also said he was in the state to solicit for partnership in respect of the N2billion matching fund to support the initiative for more businesses and youths’ engagement in gainful employment.
Pitan pointed out that industrialization was the surest way to achieve rapid economic growth and development, pledging to continue to support viable businesses to grow because of the multiplier effects.
The Governor solicited for an increased technical and financial partnership with the bank to sustain entrepreneurship development in the state.
He stated that the state has also established an Export Processing Zone (EPZ) for processing most of its agricultural commodities, saying that the bank’s technical and financial support was key to driving it.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Florence Saraki Joseph Daudu Shola Odetundun National Pilot CCEPE Ado Bayero NULGE Laolu Saraki Bashir Badawi SGBN Mohammed Jimoh Faworaja Segun Adeniyi Bahago KWACOBPA Olatomiwa Williams Atiku Kabir Shagaya Taofik Abdulkareem Babaita Amos Bajeh Salihu Jibril Garbi Hussein Oloyede Hikmah AbdulKareem Rebecca Bake Chief Imam Of Omu-Aran Olushola Saraki CCB Asa Adesoye College Niyi Osundare AbdulQowiy Olododo Orisa Bridge Kwara Teaching Service Commission Ilorin General Hospital Saad Omo\'ya Ilofa Ishola Abdullahi Sola Saraki Educational Foundation Geri-Alimi Split Diamond Interchange Ezekiel Yissa Benjamin Abdulfatai Ahmed GRA Otoge Tsaragi-Share Abdullahi Saadudeen Alikinla Amos Justus Sayo Yetunde Balogun Henry Makinwa Amuda Bembe Segun Ogunsola Mohammed Kamaludeen Rapheal Ashaolu Abubakar Lah Tescom.kwarastate.gov.ng Nnazua Plat Technologies Oko Erin Joana Nnazua Kolo Wahab Femi Agbaje Bola Shagaya Sa\'ad Alanamu Post Utme Amoyo Dar-Al-Handasah Consultants Shuaib Abdulkadir Azeez Salawu Garba Ayodele Wahab Ilorin Water Reticulation Yusuf A. Usman Yusuf Amuda Abubakar Gwanara Laboratory-to-Product Muideen Olaniyi Alalade Egbejila Kwara Liberation Group Galadima Ahmed Alhasssan Kwara State Television (KWTV)