Bank of Industry,BOI disburse N25.3billion loans from Jan-March2014.


By Tunde Olowu
The Bank of Industry,BOI,has disclosed that it had approved loans totaling N25.3billion in the first quarter of this year covering January to March.
An Executive Director and acting Head of the bank, Mr Waheed Olagunju,who made this known weekend said the loans were given to 968 enterprises.
Olagunju explained that ninety eight per cent of the beneficiaries of the loans were micro, small and medium enterprises.
According to him the loans were given in line with the focus on Nigeria industrial revolution plan and national enterprise development programme that all the assisted firms could potentially be able to generate thousands of jobs both direct and indirect.

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