We’re supporting Nigeria’s 12m artisans to build new skills – BoI
The Bank of Industry has reiterated it commitment to empowering Nigerian artisans and technicians, describing them as the backbone of inclusive economic growth and the future of the country’s industrial development. Managing Director of BOI, Dr. Olasupo Olusi, made the disclosure yesterday in Abuja while speaking at the Nigerian Artisans Leadership Summit 2025 with the […]
The Bank of Industry has reiterated it commitment to empowering Nigerian artisans and technicians, describing them as the backbone of inclusive economic growth and the future of the country’s industrial development.
Managing Director of BOI, Dr. Olasupo Olusi, made the disclosure yesterday in Abuja while speaking at the Nigerian Artisans Leadership Summit 2025 with the theme, “Unlocking the Inherent Potential of Nigerian Artisans and Technicians.”
He said “The Bank views Nigeria’s over 12 million artisans as key drivers of grassroots enterprise and national transformation,”
Represented by the Executive Director, Public Sector and Intervention Programmes, Ms Mabel Ndagi, the BOI boss said the theme goes to the heart of inclusive development.
According to BOI MD, the challenges faced by artisans such as limited access to affordable finance, lack of research and development, outdated equipment, inadequate training, poor business structures, and minimal export participation require urgent and structured intervention.
To address these systemic issues, he explained that the bank is anchoring its 2025–2027 Corporate Strategy on six thematic pillars.
“These include strengthening Micro, Small and Medium Enterprises, promoting youth empowerment and skills development, expanding opportunities within the digital economy, advancing climate resilience and sustainability initiatives, investing in critical infrastructure, and ensuring gender inclusion across all interventions.
“These focus areas are not just bureaucratic categories—they are lenses through which we are reimagining support for artisans and grassroots entrepreneurs,” Olusi further explained.