Governor Ahmed Commissions First Cooperative MFB in Ilorin

Date: 2017-07-11

Governor Abdulfatah Ahmed of Kwara State has commissioned the first cooperative financial institution, KWACOFOCUS Micro Finance Bank (MFB) in Ilorin to provide more access to credit for farmers and small business owners in the state.

Ahmed, while speaking at the occasion, said his government had ensured inclusive financial system to grow and expand businesses in the state.

He said the financial assistance was providing existing businesses with access to capital at single digit interest rate.

He pointed out that in spite of relevance of funding to business, his government holds the agricultural sector in high esteem owing to the potential of the sector to create employment and generate revenue through investment opportunities in the agricultural value chain.

The governor urged members of the public, especially the youth to take advantage of the services of the bank and access funding to grow their businesses.

In her address, chairman, Board of Directors of the bank, Hajia Zururat Romoke Zubair, said the financial institution was set up to complement the effort of the government in the areas of agric development and sustainable empowerment for rural farmers, financial inclusion for rural women and youths, support for the growth and development of small scale businesses and easy accessibility to finance.

She said 80 per cent of the bank's credit had been earmarked for agricultural cooperative societies and urged farmers and small scale business owners to partner with it.

Source

 

Cloud Tag: What's trending

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

International Vocational Centre     Katibi Ibraheem Adeola     Ishaq Oloyede     Baboko Primary School     Olatinwo     Akom Construction And Engineering Synergy Ltd     Aremu Bose Deborah     Oniye     Okeose Christian Cementary     Bello Oyebanji     Lucky Omoluwa     Tafida Of Kaiama     Hassan A. Saliu     Isau     Alabere     Saad Belgore     Tunde Idiagbon Road     Abdulmutalib Shittu     Ilorin Like-Minds     Ojo Fadumila     Esinniobiwa Quareeb     Afolabi-Oshatimehin     Ola Falade     Laolu Saraki     State Bureau Of Internal Revenue     Neuropsychiatric Hospital     Computer Based Test     Ridwan Agboola     Saidu Yaro Musa     Col. Adedipe     Ronke Adeyemi     Babata     Forgo Battery     Oke-Ero     QuickWin     Babatunde Ishola Babaita     Lateef Alagbonsi     Waziri Yakubu Gobir     Solomon Edojah     Michael Imoudu National Institute For Labour Studies     Abdulrahman Abdulrazak     Olatunde Jare     Raliat Elelu-Habeeb     Oke Sunna     Oniwa     Folorunsho Alao     LABTOP     Musa Yeketi     Prince Mahe Abdulkadir     SWAN     Haashim Initiative For Community Advancement     Baruten     Sheu Ndanusa Usman     Raimi Iyanda     Women For Change And Development Initiative     Agboola Babatunde     Ubandawaki     Lai Gobir     Boko Haram     Kwara South     International Aviation College     Sadiq Buhari     Omu-aran     Toyin Falola     IYA YUSUF     Usman Yunusa     Abdulfatai Ahmed     Tanke Road     Sai Kayi     Sabi     Afolabi-Oshatimehin Adenike Harriet     Akanji     Shettima     Democracy Day     Sheikh Ridhwanullah El-ilory     Saka Saadu     Kwara Basketball Association    

Cloud Tag: What's trending

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

School Of Nursing     Bluenile Associates     Ilorin Durbar     Offa Poly     Pius Abioje     Aisha Abodunrin Ibrahim     KWAFFA     Jebba     Sam Okaula     Ado Ibrahim     Christopher Tunji Ayeni     Ojuekun     Adebara     Olusegun Adeniyi     Oba Of Jebba     LAK Jimoh     Abubakar Baba     Fatimah Abdulkadir     Olayinka Jelili Yusuf     Bola Magaji     Amina El-Imam     Saadatu Modibbo-Kawu     Kemi Adeosun     Kamaldeen Kehinde     Tunde Mukaila Mustapha     Ita-Nmo Market     Bola Sagaya     Samuel Adedoyin     Arca Santa     Fatima Abolore Jimoh     Dele Belgore     Kwara Consultative Forum     LABTOP     Salihu Ajia     Yemi Osinbajo     Lafia Aliyu Korasabi     Yusuf A. Usman     Ejidongari     Oro Grammar School Old Students Association     Ajayi Okasanmi     Halidu Danbaba     Abiodun Oyedepo     Lanre Badmus     Lola Olabayo     Idiagbon     Modibbo Kawu     Saliu Alamoyo     Majlis For Sadaqah, Zakat And Waqf     Lanre Badmas     Ogbondoroko     Illyasu Abdullahi     Gaa Olobi     Royal FM     Saka Saadu     IYA YUSUF     KSIRS     Olofa Of Offa     Idowu Aremu     Ahmed Bolaji Nagode     Abubakar Lah     Ademola Kiyesola     Nigeria Foundation For Artificial Intelligence     Afeyin-Olukuta     CT Ayeni     KWSIEC     Hamza Usman     KWSUED     Lai Gobir     John Olajide Adedipe     Plat Technologies Limited     Adeleke Ogungbe     Kola Ologbondiyan     Kayode Bankole     Nigeria Computer Society     Opobiyi     Asa     Bamikole Omishore