Suppose you’re a small business owner in Nigeria looking for financial support to grow your business. In that case, the Federal Government’s N75 Billion MSME Intervention Program might be the lifeline you’ve been waiting for.
This programme is managed by the Bank of Industry (BOI). This initiative aims to empower micro, small, and medium-sized enterprises (MSMEs) nationwide.
Whether you’re involved in agriculture, retail, manufacturing, or services, this loan program is designed to support your growth, reduce production costs, create jobs, and ultimately boost Nigeria’s economy.
Here’s everything you need to know about how to register and apply in 2025.
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What Is the FGN MSME Intervention Program?
This is a federal government-backed funding program targeted at MSMEs in Nigeria. The main goal is to make affordable loans available to businesses that are actively contributing to the economy but face challenges accessing capital.
Key Objectives:
- Reduce production costs for businesses
- Create employment opportunities across sectors
- Boost agricultural output and food security
- Support household income and welfare
- Drive innovation and business expansion
- Strengthen GDP through local enterprise development
What Kind of Businesses Can Apply?
You’re eligible to apply if your business is:
- Registered with the Corporate Affairs Commission (CAC)
- Operating in Nigeria as a sole proprietorship, enterprise, or limited liability company
- Within the micro, small or medium scale category
- In any sector: agriculture, retail, services, tech, manufacturing, etc.
BOI Loan Application Form 2025 – Fields You’ll Need to Fill
To apply, visit the official portal: https://fgnboimsmeinterventionloan.boi.ng and complete the online registration form. Here’s what the form looks like and what you’ll need to provide:
1. Email Address
- Use a valid, active email you can access regularly.
- You’ll receive updates and confirmation messages here.
2. Business Registration Number
- Format:
RC1234567
orBN1234567
- Make sure it matches your CAC Certificate exactly – no spaces or hyphens.
3. Company Name
- Enter your business name exactly as it appears on your CAC document.
- Any mismatch can lead to rejection.
4. Business Type
- Choose from options such as Sole Proprietorship/Enterprise.
- This helps determine your eligibility and loan package.
5. Business Location
- You’ll be asked to select your operating location — ensure accuracy for verification purposes.
6. Phone Number
- Format: Nigerian mobile number (e.g., 08012345678).
- Double-check for typos — it will be used for contact and updates.
7. Consent Checkbox
- Before submitting, you must agree to the:
- Terms and Conditions
- Data Privacy Notice and Policy
Ticking this box confirms your agreement.
Step-by-Step Application Process
Here’s how the full loan application process works from registration to fund disbursement:
1. Submit Application
- Complete the online form and create your account.
- This gives you access to continue the loan application process.
2. Document Verification
- Upload required documents:
- CAC Certificate
- Valid ID (NIN, Passport, Driver’s License)
- Proof of address (utility bill or bank statement)
- Business plan or budget (if available)
3. Loan Review & Approval
- BOI’s team will evaluate your application.
- This includes business viability checks, CAC verification, and sometimes a call or visit.
4. Disbursement
- Once approved, funds will be paid into your bank account.
- You’ll receive an official notification about the disbursement and repayment schedule.
Contact Information for Support
Need help? You can contact the BOI support team directly:
Email: customercare[@]boi.ng
Phone: +234 700 225 6264, +234 700 055 1111
Address: Bank of Industry, 23 Marina Road, Lagos, Nigeria
Tips for a Successful Application
- Ensure your business is properly registered and the name matches across all documents.
- Provide accurate contact information (email and phone).
- Double-check your business registration number for formatting errors.
- Keep all documents scanned and ready in PDF or image format.
- Be ready to respond quickly if the BOI team contacts you for further details.
See a sample of what you will fill BOI Loan Application Form.pdf
Conclusion
The FGN BOI MSME Intervention Loan 2025 is a golden opportunity for small businesses to access government-backed capital without the heavy burden of traditional commercial loans. If your business has potential but lacks funding, this program is designed with you in mind.