\n
The Bank of Industry (BOI) says it secured $5 billion from various international financial institutions in the last five years to boost industrial development in Nigeria.<\/p>\n
Dr Olasupo Olusi, Managing Director of BOI, disclosed this recently at the AADFI-AFFIAP CEO Forum in Abuja.<\/p>\n
According to him, Nigeria is very active in resourcing climate-friendly funds to expand green finance in the country.<\/p>\n
He noted that BOI secured 100 million Euros from the French Development Agency (AFD) to expand green finance in Africa\u2019s most populous country, Nigeria.<\/p>\n
Olusi added that BOI is committed to contributing 27 per cent of renewable power generation to the continent by 2030.<\/p>\n
\u201cOur project portfolio reflects a significant investment in renewable energy projects as we seek to contribute to the continental ambition of 27% of renewable power generation by 2030.<\/p>\n
\u201cWe are very active in resourcing climate-friendly funds, including the recent credit line of 100 million Euros secured from the French Development Agency (AFD) to expand green finance in Nigeria.<\/p>\n
\u201cBOI has worked with our partners to raise over $5 billion from several international financial institutions in the last five years. We intend to leverage our extensive partnership to raise the resources required for building a climate-smart Nigeria,\u201d he stated.<\/p>\n
\u2018We secured $5bn in five years to finance Nigeria\u2019s industries\u2019 \u2013 BOI<\/p>\n<\/div>\n
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The Bank of Industry (BOI) says it secured $5 billion from various international financial institutions in the last five years…<\/p>\n","protected":false},"author":1,"featured_media":1446,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[2241,2907,8,2779,2910,519,2905,2906,2909,2911,180,1505,2908,1894],"class_list":["post-1445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-we","tag-5bn","tag-akwa-ibom","tag-bank","tag-boi","tag-business","tag-finance","tag-five","tag-industries","tag-industry","tag-news","tag-nigerias","tag-secured","tag-years"],"yoast_head":"\n
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