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BOI Promises To Assist Local Entrepreneurs

The Managing Director of the Bank of Industry (BOI), Mr Rasheed Olaoluwa, has promised to help local entrepreneurs acquire technical innovation skills which is needed … Continue reading BOI Promises To Assist Local Entrepreneurs


Ogun state has tasked the government on small and medium scale enterprise SMEs

BOIThe Managing Director of the Bank of Industry (BOI), Mr Rasheed Olaoluwa, has promised to help local entrepreneurs acquire technical innovation skills which is needed for the development of the small and medium enterprise sector.

Mr Olaoluwa said that the bank would achieve this through collaboration with government agencies whose duties are focused on producing standard technological machines and devices.

These are locally manufactured tricycles, solar panels, boreholes and grinding machines constructed by officials of the National Agency for Science‎ and Engineering Infrastructure (NASENI).

The Executive Secretary of the National Agency for Science and Engineering Infrastructure, Mr Mohammed Haruna, appealed for more patronage of its products, which according to him is the way to assist the agency in achieving it’s mandate of providing services needed for the nation’s technology advancement.

The efforts to make Nigerian entrepreneurs innovative did not stop at the National Agency for Science and Engineering Infrastructure, as officials of the banking industry also met with officials of the National Office for Technology Acquisition in order to seek for areas of collaboration.

While this could be an indication that better time awaits owners of small businesses in Nigeria, many citizens would hope to see the agreements reached at the event put into action.