In a major step toward boosting economic development, Kogi State and the Bank of Industry (BOI) have agreed to enhance their partnership. This decision followed a high-level meeting held in Abuja between Kogi State officials, including Dr. Sanni Abdullahi Ozomata, Technical Adviser to the Kogi State Governor on Multilateral and Donor-Funded Projects, Inda Aliyu Salam, Chief Economic Adviser, and Haj. Aishat Oyiza Omade, CEO of Kogi State Sanitation and Public Infrastructure Agency (KOSSIPA), and the Managing Director of BOI.
The Managing Director of BOI expressed gratitude for the Governor’s proactive measures in fostering economic growth and assured full cooperation. One key outcome of the meeting was Kogi State’s offer to donate a temporary office space along with a plot of land for the establishment of a permanent BOI office in the state. In response, the Managing Director committed to visiting Kogi State soon to officially open the new office and explore further collaborations.
In addition, the Managing Director promised that BOI would expedite the release of grants to small and medium enterprises (SMEs) in Kogi State within two weeks, a move that is expected to stimulate economic growth and generate employment opportunities across the state.
Both parties have agreed to finalize the date for the Managing Director’s visit, signaling the beginning of a stronger economic relationship between Kogi State and the Bank of Industry. The visit is seen as a strategic step to promote industrialization and financial empowerment in the state.