𝗧𝗶𝗻𝘂𝗯𝘂 𝗵𝗮𝗶𝗹𝘀 𝗕𝗢𝗜 𝗼𝘃𝗲𝗿 𝗡636𝗯𝗻 𝗱𝗶𝘀𝗯𝘂𝗿𝘀𝗲𝗺𝗲𝗻𝘁 𝘁𝗼 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀

President Bola Tinubu has commended the Bank of Industry for disbursing N636bn to businesses in 2025, describing the figure as the highest annual financing volume in the institution’s history.

The President, in a statement issued on Thursday by his Special Adviser on Information and Strategy, Bayo Onanuga, said the milestone validated his administration’s economic reform agenda.

According to him, the record disbursement demonstrated that ongoing macroeconomic reforms were strengthening development finance institutions and unlocking capital for productive sectors.

Tinubu said, “The N636bn disbursed by the Bank of Industry in 2025 translates directly into prod
Tinubu hails BOI over N636bn disbursement to businesses.

President Bola Tinubu has commended the Bank of Industry (BOI) for disbursing N636bn to businesses in 2025, describing the figure as the highest annual financing volume in the institution’s history.

The President, in a statement issued on Thursday by his Special Adviser on Information and Strategy, Bayo Onanuga, said the milestone validated his administration’s economic reform agenda.

According to him, the record disbursement demonstrated that ongoing macroeconomic reforms were strengthening development finance institutions and unlocking capital for productive sectors.

Tinubu said, “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 financing showed that agro-allied enterprises received the largest share at N202bn.

Critical national infrastructure, including broadband, power, aviation, and transportation, accounted for N100bn, while manufacturing received N79bn. Extractive industries got N77bn and services N55bn. The bank also deployed N73bn in managed and matching funds on behalf of state governments and institutional partners.

The funds reached more than 7,000 enterprises nationwide. By business size, large enterprises accounted for N375bn, small and medium enterprises received N178bn, nano enterprises got N51bn, and micro businesses accessed N32bn.