President Bola Tinubu has commended the Bank of Industry (BOI) for disbursing a record ₦636 billion to businesses in 2025, describing the milestone as the highest annual financing volume in the institution’s history and a validation of his administration’s economic reform agenda.
In a press statement issued on Thursday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the President said the achievement demonstrates how ongoing macroeconomic reforms are strengthening development finance institutions and unlocking capital for productive sectors of the economy.
According to the statement, the ₦636 billion was disbursed to more than 7,000 enterprises nationwide.
Of the total sum, ₦202 billion went to agro-allied enterprises, ₦100 billion to critical national infrastructure, including broadband, power, aviation, and transportation, ₦79 billion to manufacturing, ₦77 billion to extractive industries, and ₦55 billion to services.
In addition, the Bank deployed ₦73 billion in managed and matching funds on behalf of state governments and institutional partners.
President Tinubu said the scale of disbursement reflects tangible progress in expanding Nigeria’s productive capacity.
“The ₦636 billion 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,” the President said.
