President Bola Tinubu has hailed the Bank of Industry (BOI) for disbursing a record N636 billion to businesses in 2025, describing the figure as the highest annual financing volume in the institution’s history. The President said the milestone signals renewed confidence in Nigeria’s economic direction and the growing strength of its development finance architecture.
In a statement issued on Thursday by his Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu said the landmark disbursement reflects the positive impact of his administration’s macroeconomic reforms. According to him, efforts to stabilise the economy and improve the investment climate are beginning to translate into tangible support for enterprises across critical sectors.
“The N636 billion disbursed by the Bank of Industry in 2025 translates directly into productive activity, job creation and expanded opportunities for Nigerian entrepreneurs,” the President said. He noted that development finance institutions play a pivotal role in bridging funding gaps, particularly for small and medium-scale enterprises that drive innovation and employment.
Building on this, strengthening institutions like the BOI remains central to his administration’s economic agenda. He reiterated his commitment to policies that enhance access to affordable financing, stimulate industrial growth, and position Nigeria’s private sector as a key engine of sustainable economic expansion.