BOI's Olasupo Olusi Drives Economic Growth with ₦1.3 Trillion Loans

Olasupo Olusi, as the Managing Director of the Bank of Industry (BOI), has overseen a substantial increase in loan disbursements, reaching approximately ₦1.3 trillion, which has catalyzed enterprise growth across various sectors including manufacturing, agriculture, and healthcare. Under his leadership, BOI's assets have grown to around ₦7 trillion, and the institution has successfully mobilized nearly €2 billion in international funding from development finance institutions.

The recently launched Annual Impact Report indicates that BOI supported the creation of about 1.6 million jobs in 2025 and contributed an estimated two percent to Nigeria's manufacturing GDP through its financing activities. Additionally, BOI has enhanced governance standards and secured international certifications, boosting investor confidence.

These achievements reflect disciplined institutional management and underscore BOI's critical role in supporting industrialization, enterprise development, and inclusive economic growth.