Located in Benin City, Edo State and incorporated in 2014, this enterprise had a good record of delivering quality dental services and care to consumers but had challenges in meeting increasing customers’ demands. It was unable to perform advanced dental treatment due to inadequate equipment. The enterprise approached BOI for financial support which was disbursed in 2021 toward the procurement of additional equipment. Since then, the business has expanded its customer base by opening a new branch in G.R.A, Benin City with ample space and special units for its VIP customers. The enterprise created more jobs and has been able to obtain accreditation for its dental facility from the National Health Insurance Scheme (NHIS) with over 13 HMOs currently using its clinic as a referral facility for their clients.
COBEF International Limited (Rivers)
The company is an indigenous company located in Rivers State that manufactures and distributes plastics products such as Poly Vinyl Chloride (PVC) pipes. The financial support from the Bank of Industry has enabled the company to expand its product lines to include water storage tanks, suction hoses, pressure pipes, conduit pipes and HDPE (High-Density Polyethylene) pipes. This led to the creation of fifty-five (55) additional jobs consisting of forty (40) direct and fifteen (15) indirect jobs. The company currently executes piping projects for public and private customers, which require the use of a large number of PVC pipes, storage tanks and HDPE cable insulators.
Babban Gona Programme
Babban Gona was established to create jobs for young Nigerians in the agriculture sector. Focusing on maize and rice farming, the company provides farmer cooperatives with financing, training, agricultural inputs and support. In 2021, the company was able to procure inputs for over 22,000 farmers who were responsible for harvesting over 70,000MT of maize.
State Enterprise and Empowerment Programme (SEEP)
SEEP is a social intervention program designed to provide affordable credit for micro-enterprises that are unable to grow their businesses due to a lack of capital. The programme aims to support 40,000 qualified micro-enterprises per state. The Osun State Government partnered with BOI to train and provide seed loans worth N47.2 million to 827 MSMEs.
MSME (Micro Small and Medium Enterprise) Survival Fund
The MSME Survival Fund is an N75 Billion Fund, launched in September 2020. It is part of the N2.3 Trillion stimulus package (The Nigerian Economic Sustainability Plan (NESP)). The bank has disbursed a one-time N30,000 grant to 293,333 artisans across 36 states and FCT worth N8.8 billion.
Smallholder Farmers Lending Product & MSME Distributor Finance Programme
The bank’s 2021 disbursement includes N2.99billion to 22,120 farmers through our Smallholder Farmers lending product; and N1 billion to 4,000 micro-retailers through our MSME Distributor Finance Programme. Through these interventions, an estimated 950,640 direct and indirect jobs were created in 2021.
Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES)
The NG-CARES program is a $750 million state-driven initiative backed by the World Bank, specifically for the elevation of businesses affected by COVID-19. Twenty-nine states have collaborated with the Bank of Industry to use its infrastructure in executing the program in their states.
Dalhim Fish farms (Borno)
This enterprise is into fish, poultry farming, fish feed formulation and production, procurement and sales of foreign ornamental birds. It also has a hatchery section to hatch eggs from ornamental Birds, Fish, and foreign chickens which are raised and sold to customers across the Country. Fingerlings are grown from juvenile to table size using concrete […]
Khemsafe Computers and Communication Ltd (Kaduna)
It is an indigenous company which was incorporated in June 1993 and has been licensed as a CBT (Computer Based Training) Centre for training and online testing centre by various bodies such as JAMB and other corporate organizations. The company provides a core curriculum designed to train individuals from basic computer skills to professional certification […]
Health Products & Farms Limited (Lagos)
The enterprise operates in the bakers’ and sweet confectionaries segment of Nigeria’s manufacturing sector. The company which engages over 300 workers daily, is sited within AmuwoOdofin Industrial Layout, Lagos. It operates state-of-the-art industrial facilities in four factories producing Beef Rolls in two sizes (Baba Beef Roll and FreshBake), lollipops and candies (in different variants under […]