BOI commissions Kogi state office, to enable enabling MSMEs, cooperatives, women, youth-led businesses

Managing Director Bank of Industry Dr. Olasupo Olusi has said that presence of the bank in states across the country is aimed at enabling MSMEs, cooperatives, women- and youth-led businesses, and industrial ventures in the state to grow, create jobs, and contribute meaningfully to inclusive economic development. Speaking at the launch of Kogi branch of the development bank Olusi said “It is an honor to be here today in Kogi, the Confluence State—where the rivers Niger and Benue meet, and where history, resources, and resilience converge. Today’s commissioning of the Bank of Industry’s new state office in Kogi is more than the unveiling of a building. It is a clear reaffirmation of our commitment to bringing development finance closer to the people and businesses that power Nigeria’s growth. With this launch, Kogi becomes the latest addition to our growing nationwide network of BOI offices, in line with our goal to ensure every state in Nigeria has direct access to our services. This presence will enable MSMEs, cooperatives, women- and youth-led businesses, and industrial ventures in the state to grow, create jobs, and contribute meaningfully to inclusive economic development.
“This commissioning is a key step in delivering on our corporate strategy at the Bank of Industry, which focuses on deepening support for MSMEs, expanding access to affordable financing, promoting youth and women entrepreneurship, and strengthening impact in key sectors such as agriculture, solid minerals, manufacturing, the creative economy, and the circular economy. With this dedicated office, Kogi State is now better positioned to tap into these strategic pillars. We see this not just as an expansion of infrastructure, but as the beginning of a stronger partnership, one that matches BOI’s resources and technical capacity with the state’s entrepreneurial energy and rich endowments to drive sustainable development. Your Excellency, I commend your administration’s commitment to inclusive growth and enterprise development. This office is a gateway for every entrepreneur in Kogi to access financing, tailored business support, and tools to turn promising ideas into thriving enterprises.
“Through facilities like the ₦200 billion MSME Intervention Fund and other targeted programs BOI will continue to support businesses that create jobs, stimulate innovation, and add real value to our economy. I invite entrepreneurs across Kogi State to fully leverage this opportunity. Distinguished guests, ladies and gentlemen, with this commissioning, we open not just a new office—but a new chapter of collaboration, innovation, and inclusive growth. Thank you for your presence today, and may this office serve as a lasting catalyst for prosperity across Kogi State.”