A top delegation of the Bank of Industry (BOI) last Thursday, September 4, 2025, paid a courtesy visit to the newly appointed Managing Director of the Rivers State Microfinance Agency, Onene Osila Obele-Oshoko at the agency’s headquarters in Port Harcourt.
Led by Mr Babatunde Ajala, Regional Manager South~ South (MSME Directorate), accompanied by Mr Pacqueens Irabor, Divisional Head (MSME), and Mr Christopher Omondiagbe, Head Rivers State BOI, the visit was to congratulate the MD on her appointment and renew the collaboration between both institutions.
The visit was to brief the MD/CEO on the existing collaboration between the Rivers state Government and the Bank of Industry (BOI), as it relates to the Four Billion Naira Matching Fund provided by the bank and Rivers State Government.
The BoI delegation during the visit held extensive discussions on existing and future collaborations between both institutions.
In her response the MD/CEO, Ms. Onene Osila Obele-Oshoko expressed gratitude to the delegation for the visit, noting that the engagement was fruitful and mutually beneficial to both institutions.
The MD/CEO expressed optimism for more mutual beneficial collaborations between RIMA and BOI, for the overall benefit of the people of Rivers State, especially those that genuinely desire to do business.
She noted that RIMA would strive to support those who genuinely wish to grow MSMEs, but lack the capital to push or finance their businesses, which will in turn create jobs and vibrancy in the economy of Rivers State.
It will be recalled that in 2024, the Rivers State Government released a four billion Naira matching fund with the Bank of Industry to support existing and new MSMEs to grow their businesses to drive economic growth and create jobs and wealth for the citizens.