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.

Bayo Onimago     Ahmad Fatima Bisola     Kwara Pdp     Abdulrazaq Aiyelabegan     Arinola Lawal     Diagnostic Centre     Isiaka Abdulrazak     Ajike People Support Centre     Moshood Kashimawo Abiola     AbdulGaniyu Kareem     Okin High School     Oyin-Zubair     CBT     Abdulbaqi Jimoh     Igbaja     Ishaq Oloyede     Lawyers Unite Against Corruption     Abdulrahman Abdullahi Kayode     Sardauna     Abubakar Abdullahi Bata     Moshood Mustapha     Sheikh Ridhwanullah El-ilory     Idris Garba     Noah Yusuf     Unilorin FM     Ayinde Oyepitan     Micheal Imoudu     Earlyon Technologies     Olam Food Ingredients     Ilorin Muslim Community     Muftau Akanbi Oke     Split Diamond Interchange     Ibrahim Abdulqadir Abikan     Femi Ogunsola     Olaiya Victor Mobolaji     Baboko Primary School     Mazars Consulting     Baba-Isale     Wasiu Onidugbe     Oyawoye     Babatunde Idiagbon     Trader Moni     Sidikat Alaya     Nigerian Army     Muhammed Taofeeq Abdulrazaq     Aishatu Ahmed Gobir     Justina Oha     Aishat Mohammed Lawal     Abdulrazaq Magaji     Amada Jidda     Buhari     Eghe Igbinehin     Dan Masanin     Afin Descendants Union Of Odo-Owa     Ayodele Olaosebikan     Saka Balikis Kehinde     Allocation     Bamidele Adegoke Oladimeji     Kwara Politics     Code Of Conduct     JMK Construction Company Limited     Maimunat Oloriegbe     Ajuloopin     Transition Implementation Committee     Village Alive Development Association     Olatunji Ibrahim     Folashade Omoniyi     Jimoh Saadudeen Muhammed     Saudat Abdulbaqi     Mansur Alfanla     Ajayi Okasanmi     Iliasu     Salihu S. Yaru     Kawu Baraje     Overland     Bisi Oyeleke     Mary Arinde    

Cloud Tag: What's trending

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

Offorjama     Buari Edun     Henry Olaosebikan     Donatus Ejidike     Biliaminu Aliu     Kwara State Branch Of The National Library     Police Commissioner     Raji Ayodele Kamaldeen     ER-KANG     Oba Abdulkadir La\'aro     Abdulrauf Yusuf     Bolaji Abdullahi     Deji Ajani     Modibo Kawu     International Vocational Centre     Olufolake Abdulrazaq     Amina Susa\'a De Ahmed     Aliyu Alhassan     Tanke     Femi Ogunsola     UNILORIN Alumni Association     Umar Saro     Magaji Erubu     Dankaka     Damilola Yusuf Adelodun     Sunset Workers     Razaq Ayobami Akanbi     Oke-opin     Olatinwo     Asa     Aliyu Muhammed     Diagnostic Centre     Assayomo     Sobi FM     Habeeb Saidu     Saba Mamman Daniel     Unicontinental Construction Company     Saraki     Basic Education Certificate Examination     Kubra Kazum     Zainab Abass     Okin High School     Idris Garuba     Al-Hikmah Radio     Yekeen Alabi     Ariyo     Popo-Igbonna     Yakubu Mohammed Abdullahi     Bayer Nigeria Limited     Sa\'adatu Modibbo-Kawu     Abraysports FC     Shaaba Lafiagi     Towobola Abdulrahman Toyin     Segun Abifarin     Otunba Taiwo Joseph     Abdulmumini Jawondo     Lithium Deposit     Idris Amosa Saidu     MMWG     Wahab Olasupo Egbewole     PPS     Muritala Olarewaju     Tsaragi-Share     Baba Issa Awoye     Wahab Femi Agbaje     Adewuyi Funmilayo     Ajike People Support Centre     Zulkifli Ibraheem     Tsaragi     Ajia-Bako     Ella Supreme Tissue Paper     Suleiman Mora Omar     John Mayokun Dada     Tunde Saad     Apado     Shettima Of Ilorin     Ndama Al-hassan