President Tinubu's Reforms
Jobs, Enterprise & Opportunity
Expanding economic opportunity for youth and small businesses — moving Nigeria from consumption-led growth to production-driven prosperity.
What Has Been Done
Record business financing through the Bank of Industry. The Bank of Industry disbursed ₦636 billion in 2025 — its highest annual figure ever — to over 7,000 enterprises, including 570 startups. The fund supported 1.6 million jobs and included dedicated facilities for women-owned businesses, youth entrepreneurs, and nano enterprises.
MSME support deepened. A ₦200 billion MSME and Manufacturing Intervention Fund, a ₦75 billion single-digit loan scheme, and a ₦198 billion de-risking fund are providing affordable financing to small businesses across the country. Over 827,000 SMEs were served through 10 operational MSME hubs in 2024.
Three Million Technical Talent programme scaling. The 3MTT digital skills initiative — the world's largest tech talent accelerator — has enrolled 1.8 million Nigerians, with 300,000 fellows in active training and over 15,000 graduates already placed in employment.
Tax incentives rewarding job creation. The 2026 Tax Reform provides a 50% deduction for businesses that hire new employees and a further 50% deduction for those that raise wages for their lowest-paid staff.
A thriving innovation economy. Nigeria's digital economy accounts for 17% of GDP and is growing. The country hosts five of Africa's seven tech unicorns. Foreign tech investment into Lagos alone exceeded $6 billion between 2019 and 2024.
Scale at a Glance
Jobs created & retained via BOI in 2025 alone
BOI disbursed to businesses in 2025 — all-time record
Nigerians applied for 3MTT digital skills programme
SMEs served through MSME hubs in 2024
Jobs created through MSME development initiatives
GDP growth recorded September 2025 — above all projections
Bank of Industry — Record Disbursements 2025
Bank of Industry: ₦636 Billion Disbursed in 2025 — Highest in BOI History
Under the Federal Government\'s ₦200B MSME intervention, BOI recorded over 95% performance as disbursing institution — supporting 7,000+ enterprises and 570 startups.
Agro-Allied
Largest sector allocation. 47,508 smallholder farmers linked to formal processing value chains. Tomato processing upgraded 3x.
Manufacturing
Strengthening domestic production and value addition across consumer goods and industrial sectors.
Infrastructure
Broadband, power, aviation, and transportation projects financed to remove productive bottlenecks.
Services
Includes fintech, digital services, and the creative economy. Youth-led digital enterprises a priority.
International Facility
€2B syndicated in 2024 + €210M mobilised in 2025 from international partners to strengthen BOI's lending capacity.
Rural RAPID
880 rural enterprises accessed financing under the Rural Area Programme on Investment for Development across Nigeria.
3MTT — Digital Economy & Tech Talent Programme
Target technical talents to be trained
Nigerians who applied (NIN/BVN verified)
Fellows currently in Phase 2 training
Graduates who have secured job placements
Telecom towers to connect 23M unserved Nigerians
ICT's share of Nigeria's GDP (2024)
“We have created pathways for young Nigerians to access grants, loans and equity investments of up to $100,000 to scale their enterprises, innovate and build sustainable livelihoods.”
