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.

Fola Consultant     International Aviation College     Kayode Issa     Ishola Balogun Fulani     Kwara State Polytechnic     Boko Haram     Rapheal Ashaolu     Elese Of Igbaja     Grillo     Moses Rahman Popoola     Musibau Akanji     Jelili Yusuf     Mohammed Ghali Alaaya     MAI Akande     Osi     Ilorin Anchor Men And Women     Yakubu Mohammed Abdullahi     Olatunji Abdulmumeen     Patience Jonathan     Farouk Salim     Ilorin Talaka Parapo     Ghali Alaaya     Susan Modupe Oluwole     Kwara State Infrastructure Development Fund     Baruten     Musa Alhassan Buge     Olatomiwa Williams     Sherif Sagaya     Hameed Oladipupo Ali     Mamman Saba Jibril     Yusuf Amuda Abubakar     Sanitation Exercise     Yahaya Oloriegbe     Tunde Kazeem     Omu-aran     Amusa Bello     Okin Group     Ahmed Alhasssan     Kwara Pdp     Toyin Sanusi     Apata Ajele Secondary School     University Road     Moro     Olatunde Michaels     Kawu     Abdullahi Imam Abdullahi     Baba Idris     Abdulsalam A. Yusuf     Michael Ologundea     Ibikunle Ogunleye     Abdulrazaq Akorede     Senior Staff Union Of Colleges Of Education     Okoolowo     Alagbado     QuickWin     Tinubu Legacy Forum     Kabir Shagaya     Turaki     Javed Khan     GANZY     Emir Of Shonga     IESA     JUSUN     Ayo Adeyemi     Ibrahim Oniye     Idris Amosa Oladipo Saidu     Turaki Of Ilorin     Dunmade     Ishaq Salman     SDP     Lawan     Jimoh Lambe Abdulkareem     Age AbdulKareem     Ojo Fadumila     KWSIEC     Sulyman Buhari     Minister    

Cloud Tag: What's trending

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

Yinka Aluko     Ibraheem Adeola Katibi     Minimum Wage     Yomi Ogunsola     Kayode Ibrahim     Ahmed Mohammed Rifun     Alore     Seun Bolaji     Offorjama     Yahaya Seriki Gambari     Ibrahim Abduquadri Abikan     Kolade Solagberu     Centre For Digital Economy     Buhari     Kwarareports.com     Unilorin FM     Kayode Alabi     Erubu     Abubakar Baba     Gobirawa     Aliyu Muyideen     Mufti Of Ilorin     Sam Okaula     TETFUND     Kazeem Oladepo     Eghe Igbinehi     Alfa Yahaya Road     Amusement Park     Nigerian Army     Ajasse-Ipo     Yahaya Abdulkareem Babaita     Arik     Sidikat Uthman Ajibola     Amina El-Imam     Tunji Olawuyi     Olokoba Sulyman     Kwara 2015     Omoniyi     Na\'Allah     Kazeem Adekanye     Oluranti Idowu     Sanusi Abubakar     Garba Ayodele Wahab     Nigeria Customs Service     Tunde Saad     Hakeem Idris     Hassan A. Saliu     Hijaab     Olofa Of Offa     Bahago     Nigerian Correctional Service     Ilorin Emirate Stakeholders Forum     Segun Ogunsola     Joseph Offorjama     Saad Belgore     James Ayeni     Sherif Sagaya     Mahmud Ayinla Giwa     CUTI     Ilorin Durbar     Centre For Peace And Strategic Studies     AbdulHamid Adi     Gani Saadu     Harmony Holdings     Roheemat Hammed     Gamji Members Association     Yahaya Muhammad     Okin Biscuit     Durosinlohun Atiku     Prince Mahe Abdulkadir     Lola Ashiru     Overland     Oko Erin     Muhammadu Gobir     Ogidi-Oloje     Emmanuel Olatunji Adesoye     Special Agro-Industrial Hub