BoI restates commitment to deepen finance to real sector | The Guardian Nigeria Newspaper

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Managing Director, Bank of Industry (BoI), Mr. Olukayode Pitan

The Bank of Industry (BoI) has reaffirmed its commitment to increase developmental financing to the real sector toward enhancing capacities to drive optimal economic growth.Mr Olukayode Pitan, Managing Director of BoI made the pledge during the facility tour of Proforce Ltd., on Saturday at Ode-Remo, Ogun State.

Pitan said that the bank would continue to support companies that were investing in backward integration, evolving innovative products, providing employment to Nigerians and supporting government’s diversification agenda.

He said that the tour of the company showed that a Nigerian company had succeeded in developing domestic capacity for the production of armoured vehicles by acquiring modern technology from all over the world.

Pitan said that BoI would support Proforce Ltd with more funds to aid its production and expansion drive, to deepen its operations.

On his part, Mr Adetokunbo Ogundeyin,…



Source: Guardian Newspaper