President Bola Tinubu has applauded the Bank of Industry (BOI) over disbursing N636 billion in 2025 as loans to businesses.
This was disclosed on Thursday in a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, adding that it was the highest yearly financing volume in the organization’s history.
The statement reads in part, “The N636bn disbursed by the Bank of Industry in 2025 translates directly into productive capacity across Nigeria.
“It financed agro-processing expansion, strengthened manufacturing output, supported infrastructure delivery, and empowered thousands of enterprises across our states.
“At a time of global financing constraints, Nigeria expanded access to long-term capital for its businesses. That is a direct outcome of reform, credibility, and institutional discipline.”
A breakdown of the figure indicated that agro-allied enterprises collected the largest share at N202bn; critical national infrastructure received N100bn, while N79bn was disbursed to the manufacturing industry.
Extractive industries received N77bn and N55bn for services. The bank also disbursed N73bn in managed and matching funds on behalf of state governments and institutional partners.
According to the bank, 7,000 enterprises benefited from the funds. Large businesses received N375bn, small and medium enterprises collected N178bn, nano enterprises received N51bn, and N32bn was disbursed to micro businesses.
