By Danjuma Amodu | March 13, 2026
The Bank of Industry (BOI) has partnered with the Plateau State Government to launch a ₦4 billion matching fund aimed at boosting access to affordable financing for Micro, Small, and Medium Enterprises (MSMEs) in the state. This initiative builds on BOI’s efforts to promote economic development and job creation in Nigeria.
The BOI-PLSG Matching Fund will provide MSMEs across all 17 local government areas with funding for equipment acquisition and working capital at single-digit interest rates. The initiative seeks to drive enterprise growth, strengthen local value chains, and create jobs in Plateau State, aligning with the government’s economic development priorities.
Representatives from both BOI and the Plateau State Government will attend the official launch, highlighting the partnership’s commitment to supporting local businesses and stimulating economic growth.
The Bank of Industry (BOI) has a history of partnering with state governments to support MSMEs in Nigeria. This partnership with Plateau State Government is part of BOI’s efforts to promote economic development and job creation in the country.
Plateau State, with its rich agricultural resources and growing economy, is a key location for MSME growth. The ₦4 billion fund is expected to benefit numerous businesses, enhancing local production and contributing to the state’s economic development.
