By Progress Godfrey
ABUJA – The Bank of Industry (BOI) says it disbursed N644.9 billion to 14 industrial sectors across Nigeria in 2025, generating a development impact of 1.68 million direct and indirect jobs.
The interventions, contained in its 2025 Annual Development Impact Report unveiled in Abuja on Thursday, targeted nano, micro, small, medium and large enterprises to strengthen national productivity. More than 30 per cent of the funding went to Nano and Micro, Small and Medium Enterprises (MSMEs), while youth and gender-focused businesses received over 20 per cent of the total disbursements.
The 14 sectors, according to the report, included Agro-Processing, food processing, engineering & technology, beverages, pharmaceuticals, transport & logistics and power & utilities. Others included hospitality & tourism, creative & digital, oil & gas, climate Finance & sustainability, mining & metals, chemicals & industrial minerals and healthcare.
Managing Director and Chief Executive Officer of BOI, Dr. Olasupo Olusi, stated that the year marked a deliberate shift from tracking disbursement volumes to measuring actual developmental outcomes.
