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.

Danhawa     Dankaka     Kwara Hotel     Col. Ibrahim Taiwo     Al-Ilory     Adamu Jemilat-Baki     Colleges Of Education Academic Staff Union     Saba Jibril     International Public Sector Accounting Standards     Albert Ogunsola     Boko Haram     Saadatu Modibbo-Kawu     Olokoba Abdullahi Ayinla     Sheikh Ridhwanullah     Olota Of Odo-Owa     Ahmad Ali     Sabitiyu Grillo     Victor Gbenga Yusuf     Mohammed Jimoh Faworaja     Igbaja     Yinka Aluko     Yusuf Abdulraheem     Abdulrahman Iliasu     Mutawalle     Amule Elementary School     Nigeria Customs Service     Ganmo     Sodiya     Sulyman Age AbdulKareem     Ahmad Uthman     Bola Sagaya     Allocation     Ilesha Gwanara Road     Pacify Labs     Gbugbu     Ogbondoroko     Salmon Babatunde Salmon     Salary     Convocation Ceremonies     Apaokagi     NULGE     Cornelius Adebayo     Labaeka     Haruna Tambiri Mohammed     Apaola     Al-Hikmah Radio     Yusuf Olaolu Ali     Apado     Roseline Oni Aremu     Ballah     Eleja     University Road     Samuel Olusegun Adedayo     Christopher Odetunde     Yusuf Lanre Badmus     Salihu Yahaya     Abraysports FC     Shehu Raheem Adaramaja     Mohammed Lawal Bagega     Charles Ibitoye     Kayode Bankole     Just Law Forum     Omoniyi     Azeez Salawu     Alliance For Democracy     Tunji Olawuyi     Kwara North     Modibbo Kawu     Adesina Simon Sodiya     Ishaq Oloyede     Dan Iya Of Ilorin     John Kehinde Salako     Orire     Gaa Olobi     Ilorin.Info     Saraki     Forgo Battery Company Limited    

Cloud Tag: What's trending

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

Toyin Sanusi     Senior Staff Union Of Colleges Of Education     Sabi     Ilorin Muslim Community     Hakeem Idris     Olabode George Towoju     AbdulRahman Saad     Saheed Akinwumi     Aliyu Muhammad Saifudeen     United Nigeria Airline     Students Union Government     NIRSAL     Durbar Festival     Academic Staff Union Of Universities     Toun Okewale-Sonaiya     Ileloke     Amule     Ibrahim Abdulkadir Abikan     Gabriel Fashanu     Eleyele     Yekeen Alabi     All Confederation Of Principals Of Secondary Schools     Amos Sayo     Olomu Of Omu-Aran     Yinka Aluko     Saheed Alakoso     Abdullahi Imam Abdullahi     Ilesha-Baruba     School Of Nursing     Eleja     CBT     Yoonus Lawal     Naira Redesign     Busari Alabi Alausa     Lithium     Yusuf Babatunde Abdulwahab     Olabanji Orilonishe     Olajumoke Monsura Gafar     Rafiu Ibrahim     Tosin Saraki     Iyabo Adewuyi     Benin Republic     Mohammed Haruna     Abdulkadri Ahmad Alaiye     AGM Professional Services     Sa\'adu Gambari     Muazam Nayaya     Marufat Oladosu     Nigerian Medical Association     Abubakar Olusola Saraki     Ojo Isekuse     Okoolowo     Umaru Saro     Ahmed     Saliu Tunde Bello     Bello John Olanrewaju     Yusuf Abdulwahab     Lasiele Alabi Yahaya     Simeon Sule Ajibola     Oba Abu     Abdulkadir Orire     Kemi Adeosun     Lola Ashiru     Funmilayo Isiaka Oniwa     Presidential Election     Bashirat Bola Bello     Isau     Dar-Al-Handasah Consultants     Just Event Online     Musbau A. Akanji     Chikanda     Ishaq Abdulkarim     Aasiyat Bello Oyedepo     Curfew     Yusuf Amuda Gobir     Bola Tinubu     Yakubu Gobir