|
Advertisement Space

BOI, Plateau State launch ₦4 billion single-digit MSMEs fund

By Uloko Ibe  •  Mar 13, 2026, 1:06 pm

LAGOS, NIGERIA (NPA) — March 13, 2026 — The Bank of Industry (BOI) has partnered with the Plateau State Government to establish a ₦4 billion matching fund aimed at expanding affordable, long-term financing for Micro, Small, and Medium Enterprises (MSMEs) across the state.

According to BOI, entrepreneurs in all 17 local government areas will be able to access the BOI–PLSG Matching Fund for equipment acquisition and working capital at single-digit interest rates. The initiative is designed to strengthen local value chains, support enterprise growth, and create jobs throughout Plateau State.

BOI, Nigeria’s leading development finance institution, focuses on industrial growth by providing loans and advisory services to MSMEs and larger businesses, with priority sectors including manufacturing, agriculture, technology, and the creative industries.

Avatar photo

About Uloko Ibe

Uloko Ibe writes with a keen eye for the ways politics and economics ripple through everyday lives, weaving stories that illuminate the struggles and triumphs of ordinary people. His investigative work seeks out hidden truths and brings them into the light, while his fiction explores the quiet depths of human experience. When not immersed in words, Uloko finds solace in the company of nature—savoring its rhythms, listening to its silences, and carrying on conversations that inspire his next page.

Community Discussion

Leave a Reply

Your email address will not be published. Required fields are marked *

Newpost Africa Footer