SMEs: Kwara to access N750m from BoI

Date: 2012-06-01

The Kwara State Government has said that it plans to access N750m loan from the Bank of Industry to  boost Small and Medium Enterprises in the state.

The state Commissioner for Commerce and Co-operatives, Alhaji Saka Onimago, stated this in Ilorin on Wednesday during a ministerial media briefing on the one year anniversary of the administration of the Governor, Alhaji Abdulfatah Ahmed.

He said Ahmed had authorised the ministry to source for the facility because of the administration’s perception of SMEs subsector as one of the bedrocks of socio-economic advancement.

According to him, the facility will help to revamp moribund industries in the state. Onimago said 147 co-operative societies had benefited from the N250m loan scheme of the government, adding that micro-finance banks were accredited to disburse the loan.

He also said the government was developing a free trade zone,  as well as plans to go into the export of shear butter being produced in the state.

The Commissioner for Agriculture, Alhaji Mohammed Kpan, said the government had worked out plans to effectively prevent clashes between Fulani herdsmen and farmers in the state.

According to him, the government plans to develop six grazing reserves in the state; two grazing reserves for each of the three senatorial zones.

He added that the government had developed strategies to further boost the production and marketing of cassava, maize, rice and sorghum.

According to him, the government has entered into partnership with some foreign expatriates to further boost commercial agriculture and provide job opportunities for the people of the state.

The Special Assistant to the Governor on Youths Empowerment, Alhaji Saka Babatunde, said the government had employed 2,000 youths under the state’s Bridge Employment Scheme, adding that the government had spent over N140m on the scheme - spending over  N20m each month for seven months.

Source

 


Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Edret Sabi Abel     Shuaib Olarongbe     Adam Abdullahi Al-Ilory     Abdullahi Adisa Akodudu     Oko-Olowo     Samuel Adedoyin     Ibrahim Abiodun     SGBN     Mustapha Olanipekun     Sheikh Ariyibi     James Kolo     Ndama Al-hassan     Sulu Gambari     Waheed Ibrahim     Muhammad Sirajo Aliyu     Toun Okewale-Sonaiya     Obayomi Azeez     Abdulganiyu Salahudeen     Abdulrahman Abdullahi Kayode     Ilorin Airport     Minister     Adamu B. Yaqubu     Kulende     Vasolar Consortium     UNILORIN Alumni     Abdulkadir Orire     Yaman     Boko Haram     Eghe Igbinehi     Isiaq Khadeejah     Mahmud Babatunde Baker     Ijagbo     Fatimoh Lawal     Jimoh Olusola Imam     Okin Malt     Gbemi Saraki     Kunbi Titiloye     Saka Abimbola Isau     Amina El-Imam     Ganmo     Mustapha AbdulGaniyu     Abdulkadri Ahmad Alaiye     Suleiman Yahya Alapansapa     Adaramaja     Junior Secondary School Certificate Examinations     AbdulRahman Saad     Chief Imam Of Offa     Inside Kwara     Yakubu Gobir     Bola Magaji     Fatimat Saliu     Lithium     Ibrahim Oloriegbe     NYSC     Quarry Royal Valley     General Hospital, Ilorin     Yusuf Abubakar     Taofik Mustapha     ENetSuD     Madawaki Of Ilorin     Saidu Yaro Musa     Bello Taoheed Abubakar     Talaka Parapo     Isaac Aderemi Kolawole     Raliat AbdulRazaq     ER-KANG Mining     Idris Garba     Ajibola Saliu Ajia     Jimoh Akani     Babatunde Ajeigbe     Abubakar Kawu Baraje     Abdulrazaq Sanni     Saliu Mustapha     Oja-Oba     Kwara Consultative Forum     Atiku     Kwabes    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ibrahim Gambari     Tunji Olawuyi     Sardauna     Women For Change And Development Initiative     PharmAccess Foundation     Emir Of Lafiagi     Prince Bola Ajibola     Kwara State Polytechnic     Henry Olaosebikan     Javed Khan     Offa Grammer School     Shonga     Tsado Manman     Gbemi Saraki     Ahmed Saidu Rufai     Elections     Ganmo     Otunba Taiwo Joseph     Dankaka     Deji Ajani     AbdulQowiy Olododo     Haliru Dantoro     Timothy Olatunde Fadipe     General Hospital, Ilorin     Pakata     Isiaka Abdulrazak     Salihu S. Yaru     Quareeb Islamic Association     Crystal Corner Shops     Ilorin West     John Dara     Saliu Shola Taofeek     Mashood Abdulrafiu Agboola     Yakub Ali-Agan     Abdulrosheed Okiki     Olawuyi     Abubakar Baba Sulaiman     Yunus Oniboki     Ilorin Talaka Parapo     Oba Abu     Saheed Popoola     Seed Technologies     Mope Dasuki Belgore     Mumini Ishola Hanafi     Aminat Ahmed     David Oyepinola Adedumoye     Salmon Babatunde Salmon     Ibrahim Abdulqadir Abikan     Nigeria Computer Society     Oladipo Akanmu Tolani     Kaosarah Adeyi     Yoruba     Ibrahim Taiwo Road     Isiaka Rafiu Mope     Sadiq Buhari     Hamza Usman     Hydro-electric Power Producing Areas Development Commission     Bursary     Bayo Ojo     Baruten     Ayo Opadokun     Saadu Yusuf     Sherif Shagaya     Ahmed Dankaya     Afolabi-Oshatimehin Adenike Harriet     Alore     Www.Kwarareports.com     College Of Education     Mashood Dauda     Moses Salami     Usman Yunusa     Afonja     Elerinjare     Alapansapa     Garba Ado Sanni     Medinat Folorunsho Salman     Paul Odama