THE CONTRIBUTION OF BANK OF INDUSTRY (BOI) TO INDUSTRIAL DEVELOPMENT IN NIGERIA (1980-2012)

Abstract
Industrial financing organizations have undergone a structural transformation during the last three decades in most developing countries. In this process of transformation, industrial development banks have emerged as catalytic agent of industrial and economic growth. This work is aimed at examining the contribution of the Bank of Industry (BOI) to the industrial development of Nigeria. Industrialization is regarded by the government as a sine qua non for National effort to achieve the degree of self reliance and confidence which are required to maintain the stability necessary for social place at home and equally master the respectability which serves as an essential ingredient for meaningful involvement in international affairs and interactions.