President Bola Tinubu has expressed his commendation for the Bank of Industry (BOI) for achieving a record disbursement of N636 billion to businesses in 2025. This amount is significant as it represents the highest annual financing volume recorded by the BOI in its operational history. The President highlighted that this remarkable achievement is a testament to the success of his administration's economic reform agenda, which aims to enhance the operational capacity of development finance institutions in Nigeria.

In his statement released by his Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu emphasized that the N636 billion disbursed is indicative of the effectiveness of ongoing macroeconomic reforms. He noted that these reforms are designed not only to bolster development finance but also to facilitate access to capital for sectors that are productive and contribute to the economy. Tinubu's remarks underline the government's focus on strengthening financial institutions to drive economic growth in Nigeria.

This record disbursement further showcases the Biden administration’s continued efforts to stimulate the Nigerian economy by fostering an environment conducive to business development and investment. By unlocking significant capital resources, the government aims to support businesses, create jobs, and enhance overall economic stability in the region. This move is expected to have positive implications for various sectors across the country as they can now access more funding for growth and sustainability.