The Bank of Industry (BoI) and the Sokoto
State Government have signed an agreement to float a N2
billion-matching fund for onward lending to small enterprises in the
state.
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Mr Waheed
Olagunju the Bank of Industry's
Executive
Director, Small and Medium Enterprise
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The acting Managing Director, BoI, Mr. Waheed Olagunju, said under the
partnership, both parties would be required to provide N1 billion each
for lending to entrepreneurs.
The financing deal, which was sealed on Wednesday night came as the bank earlier commissioned its Sokoto office.
