November 18, 2017

Ondo, BOI disburse N980m to entrepreneurs

Ondo, BOI disburse N980m to entrepreneurs.. NAIJA INVEST

ABOUT N980 million, out of the N1 billion loan jointly sponsored by the Bank of Industry (BOI) and the Ondo State government, has been disbursed to about 80 indigenous small and medium scale entrepreneurs, the Zonal Manager of the financial institution, Kola Adewole, has disclosed. Adewole who stated this in Akure at a stakeholders meeting of beneficiaries of the ODSG-BoI Small and Medium Scale Enterprises Fund, said the remaining N50 million meant for micro businesses would be disbursed next week. While disclosing that the bank had approved about 150 projects of various firms in the state and that it would…