The Bank of Industry says it secured $5 billion from various international financial institutions in the last five years to boost industrial development in Nigeria. Dr Olasupo Olusi, Managing Director of BOI, disclosed this recently at the AADFI-AFFIAP CEO Forum in Abuja. According to him, Nigeria is very active in resourcing climate-friendly funds to expand green finance in the country.
Olusi added that BOI is committed to contributing 27 per cent of renewable power generation to the continent by 2030. 'Our project portfolio reflects a significant investment in renewable energy projects as we seek to contribute to the continental ambition of 27% of renewable power generation by 2030.
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