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Bank of Industry earmarks N22 billion for Women owned businesses 2018

Dayo Adetiloye Business Hub
Bank of Industry earmarks N22 billion for Women owned businesses 2018.
Bank of Industry earmarks N22 billion for Women owned businesses 2018.

Bank of Industry earmarks N22 billion for Women owned businesses 2018.

Are you a female entrepreneur and in need of funds for your business, kindly contact BOI Nigeria Gender Business Desk via a visit or email: genderbusiness@boi.ng or customercare@boi.ng 
Information is Power
The Bank of Industry (BOI) has announced that over N22 billion has been budgeted to drive women entrepreneurship in the country, even as it restated its commitment to women empowerment.

The Managing Director, BOI, Olukayode Pitan, explained that in 2017, a cumulative disbursement of about N20.5 billion was made to support women businesses in the country, maintaining that the N22 billion by way of disbursement this year, would represent a record breaking achievement of what the bank has done in the past 12 years.

The BoI boss represented by the Executive Director, SMEs, Waheed Olagunju, during an event to commemorate the international women’s day, said, “We are looking at ways to support businesses promoted by women, businesses owned by women, businesses led by women in terms of management or businesses that generate huge employment for women.

Source:  Guardian.ng

Bank of Industry Limited (abbreviated as ‘BOI’) is the oldest and largest Development Finance Institution (DFI) currently operating in Nigeria. It is owned by the Ministry of Finance Incorporated (MOFI) Nigeria (94.80%), the Central Bank of Nigeria (CBN) (5.19%) and private shareholders (0.01%). The bank has 11 members on its board and it is chaired by Aliyu Abdulrahman Dikko.

The bank is a parastatal under the Federal Ministry of Industry, Trade and Investment tasked with providing financial assistance for the establishment of large, medium and small projects as well as the expansion, diversification and modernisation of existing enterprises; and rehabilitation of existing ones. In line with the Nigeria Industrial Revolution Plan and Economic Recovery and Growth Plan (ERGP) released by the Government of Nigeria, the bank focuses on financing industrial projects in key sectors of the economy such as: Agro and Food Processing, Light Manufacturing, Gas and Petrochemicals, Engineering and Technology, Solid Minerals and Creative Industries (arts and entertainment). BOI also focuses on promoting youth entrepreneurship, women-owned businesses and renewable energy projects.

Source: https://en.wikipedia.org/wiki/The_Bank_of_Industry

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Dayo Adetiloye Business Hub
Dayo Adetiloye Business Hub is a grassroot business development service provider with a 6 year of track record of excellent service delivery for local and international clients.

As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).

Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.

Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.

We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.

Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community

Mission Statement:
- Provide bespoke management and business planning consultancy
- To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
- To inspire, empower and champion entrepreneurship in the global online community.

Business Goals and Objective

- Engender national prosperity by contributing to the creation of at least 100 new businesses every year
- Become a go-to brand for outstanding business development services for MSMEs
- Strategic partnership with local and international organization to empower start-ups
- Continuous innovation to serve our clients better

Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness
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2 Comments

  1. Sanni Omotayo

    Am so glad to discover this platform of empowerment. Am willing to be a part of this wonderful opportunity

    January 6, 2019
  2. Damawa Keziah

    It’s really refresh to know that there is a platform like this focused at empowering the society especially the Nigerian woman. I look forward to being part of this

    May 22, 2021

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