Jigawa signs N6b MoU with BOI to boost SMEs

Governor Umar Namadi of Jigawa State has signed a N6 billion Memorandum of Understanding (MoU) with the Bank of Industry (BoI) to boost Small and Medium Enterprises in the state.

The governor also pledged to execute the MoU following its terms and conditions, ensuring sufficient funding for small and medium enterprises to expand their operations. He reiterated the state government’s commitment to work with BOI on this journey.

“With this MOU, we are now committed to joining hands with the BOI to facilitate access to soft loans for our small, medium, and even large-scale businesses in the state.”

We are delighted today to have a BOI branch in our state, and all relevant state government agencies are fully engaged to enlighten Jigawa citizens and support them in accessing the opportunities provided by the bank.”

The event also coincided with the formal commissioning of the BOI branch office in Jigawa State with Governor Namadi performing the ceremony.

Top state government officials and senior management members from the bank’s headquarters attended the commissioning.

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