The Bank of Industry has set a target of creating and sustaining three million jobs and increasing its annual lending to N1.85 trillion by 2027, as part of efforts to expand business financing and strengthen Nigeria’s productive sectors.
As reported by Nairametrics, the Managing Director of BOI, Olasupo Olusi, disclosed this on Thursday, October 22, 2026, during an engagement with media executives in Lagos, where he outlined the bank’s 2025–2027 corporate strategy.
Olusi said the strategy was designed to double the bank’s loan portfolio, disbursements and development impact, with priority given to manufacturing, agriculture, local healthcare, climate-friendly businesses and technology-driven enterprises.
He explained that the strategy was structured around six thematic areas, with 2025 serving as the foundation year, 2026 focusing on execution and expansion, and 2027 dedicated to consolidating results.
According to him, BOI would concentrate its financing on sectors capable of boosting local production, reducing import dependence and
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