ABSTRACT:- The study investigated the role of Bank of Industry (BOI) on small scale entrepreneurial development in Ekiti State, Nigeria with a view to establish the extent to which the bank has contributed to the financing of small scale business in Nigeria; identify the problems confronting small scale entrepreneurs in the procurement of finance from the bank of industry in Nigeria; evaluate measures initiated by the bank to boost Small scale entrepreneurial development in Nigeria. The study was born out of the need to ascertain whether Bank of Industry played a significant role in financing small scale entrepreneurial development in Nigeria. Data on contribution of Bank of Industry, problem of SMEs and measures initiated by the bank were sourced primarily through questionnaire. The study was achieved through t-test of regression statistics. The study found that contribution of Bank of Industry in financing small scale business affect the problem confronting SMEs, the study also found that measures initiated by BOI affect the contribution of bank of industry in financing small and medium scale enterprises in Nigeria. The study therefore inferred that bank of industry played a significant role in financing SMEs entrepreneurial development in Nigeria. Recommendations were made that the bank should avoid political will that may affect the user of funds for productive investment activities; the bank of industry should ensure proper monitoring and supervision of projects or businesses such as funds that are diverted to other means/sources.

KEYWORD: Bank of industry, Small scale entrepreneurial development, Nigeria