The Bank of Industry, BOI has disclosed that loans totaling N18 billion have been made available to the South-west zone of the country so as to boost small and medium scale businesses.
This was disclosed by the BOI Managing Director/Chief Excutive Officer, Rasheed Olaoluwa yesterday in Ibadan, at the inauguration of the West Regional and Oyo state offices of the BOI at Ibadan.
Olaoluwa, stated that the loan will cover areas including Ogun, Osun, Ondo and Ekiti states but Lagos would be taken care of specially in the bank’s industrialisation efforts at growing entrepreneurship ventures across the 36 states of the Federation.