Bank of Industry, BoI has expressed its readiness to key into the Kaduna State Government’s five-year economic and investment development plan, adding that the effort will improve the business environment of the state.
The acting managing director of the bank, Mr. Waheed Olagunju while speaking on the sidelines of the event, noted that if effectively implemented, the investment plan was capable of improving the business climate of the state with a view to enhancing the capacity of entrepreneurs to meet the bank’s risk acceptance criteria and ability to access credit facilities.
He pointed out that the bank would play an active role in the realisation of the N800 billion investment portfolios the state seeks to galvanise from the private sector.
According to him, “If the blueprint is religiously followed through successfully in terms of implementation, they would have substantially de-risked the business environment in Kaduna. And by so doing they will ease the ability of entrepreneurs in Kaduna to meet the Bank of Industry’s risk acceptance criteria, thereby facilitating the access to its loans.”
Governor of Kaduna State, Mallam Nasir el-Rufai, while unveiling a five-year N1.5 trillion economic blueprint anchored on effective exploitation and utilization of the state’s abundant natural resources, explained that the state government hopes to partner with the private sector to provide N800 billion out of the investment plan.

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