The Bank of Industry has partnered with Katsina State Government to launch a N5 billion Micro, Small and Medium Enterprises (MSMEs) growth fund to enhance the economic landscape of the state.
Industrialtimesngr.com learned that Mr Usen Effiong, the Executive Director, of Corporate Services, signed the MoU for the Bank, while His Excellency, Governor Umar Radda Dikko signed on behalf of the Katsina State Government.
The N5bn is made up of an N1 billion managed fund and a N4 billion matching fund, where BOI and the Katsina State Government are contributing N2 billion each.