By Suleiman Abdulmumin
Kogi State Governor Ahmed Usman Ododo has commissioned the Lokoja office of the Bank of Industry (BOI), a significant step toward enhancing support for Micro, Small, and Medium Enterprises (MSMEs) in the state.
The commissioning ceremony, held at the Investment House in Lokoja, highlights the state government’s renewed focus on fostering inclusive economic growth and private-sector development. Governor Ododo emphasized that the new BOI office would provide critical financial support to entrepreneurs especially youth and women while promoting job creation and sustainable enterprise development.
The presence of the Bank of Industry in Lokoja is not just an investment; it is a bold statement that Kogi is ready, open for business, and on the rise, Governor Ododo stated. “This office is more than a structure, it is a launchpad for the aspirations of our entrepreneurs and a strong push toward our vision of a prosperous Kogi State.”
Governor Ododo described the development as a strategic intervention that aligns with his administration’s economic agenda and reaffirmed his commitment to empowering local businesses. He also expressed gratitude to President Bola Ahmed Tinubu for expanding the reach of BOI to underserved areas, including Kogi State.
“This is a historic moment one that will transform lives, ignite dreams, and empower businesses across our communities,” he said.
Also speaking at the event, the Managing Director and Chief Executive Officer of the Bank of Industry, Dr. Olasupo Olusi, reiterated the bank’s commitment to supporting economic growth in line with President Tinubu’s Renewed Hope Agenda. He noted that the Lokoja office would serve as a hub for financing and advisory services tailored to the needs of MSMEs in the region.
With the opening of the Lokoja BOI office, Kogi State entrepreneurs now have greater access to vital resources to expand their businesses, scale innovations, and contribute meaningfully to the state’s economy.