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.

Yakub Ali-Agan     Ilesha-Baruba-Gwanara     Ishaq Oloyede     Kwha.gov.ng     Alimi     Offa Metropolitan Club     Ganmo     Jamiu Oyawoye     Lithium Deposit     Theophilus Oyebiyi     Abdulmajeed Wahab     IDPU     Omotoso     Oniwa     Kwara State University Of Education     Magaji Nda     NSCIA     Nigerian Army     Ganiyu Abolarin     General Hospital, Ilorin     Aisha Buhari     SWAN     Chief Of Staff     Coalition Of Kwara North Groups     Raimi Iyanda     Elewu     Azeez Salawu     Moremi High School     Eleja Taiwo Banu     Tunde Saad     Ekweremadu     Mike Omotosho     Irepodun     Sabi     CCB     TESCOM     Gbadeyan Gbadura Yomi     Kwara Polytechnic     Afeyin-Olukuta     Rasaq Jimoh     Esinrogunjo     Oloyede     David Oyepinola Adedumoye     Asa LGEA School     Okiki     Toyin Saraki     Shola Odetundun     Bello Abubakar     Olokoba Sulyman     National Association Of Nigerian Students     Muslim Stakeholders Of Kwara State     Musbau A. Akanji     A.G.F Abdulrasaq     Oba Of Jebba     Henry Olaosebikan     Abubakar Atiku     Nigeria Customs Service     UTME     Ilesha Gwanara Road     T And K FOODS     Special Adviser On Digital Innovation     Bello Oyedepo     Salary     Dogara     Najim Yaasin     Ibikunle Ogunleye     Ayobami Akanbi     Kawu     Post-utme     Odolaye Aremu     Gbemisola Saraki     Abubakar Lah     Ahmed Alhasssan     IHS Towers     Abdulraheem Olesin     Mohammed Haruna     Kwara State Pension Board    

Cloud Tag: What's trending

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

Mohammed Khadijat Kubura     Lateef Fagbemi     Sarah Alade     Nigeria Customs Service     Ajidagba     IHS Towers     Kamaldeen Gambari     Timothy Olatunde Fadipe     Ajasse-Ipo     JAAC     Atiku Abubakar     Muhammed Akanbi     Adebayo Salami     Tunde Idiagbon Road     Hameed Oladipupo Ali     Musa Yeketi     Ojo Fadumila     Salary     Tanke Flyover Bridge     Neuropsychiatric Hospital     UNILORIN Alumni Association     Yetunde Balogun     Bature Bello     Oya State     Tope Daramola     Abatemi-Usman     Abdulahi Abubakar Bata     TIIDELab     JAMB     CCB     Abubakar Baba Sulaiman     Federal College Of Education (Special), Afon     Elesie Of Esie     Adegoke Bamidele     Offa     Michael Nzekwe     Lithium Deposit     AbdulRazaq Abubakar Jiddah     Oniwasi Agbaye     Aasiyat Bello Oyedepo     Sola Saraki Educational Foundation     Bayo Mohammed Onimode     Ilesha-Gwanara     Bureau Of Lands     Abdulrazaq Sanni     HYPPADEC     Dauda Adesola     Ramadan     Lawal Jimoh     Pakata Patriots     Sa\'adu Gambari     Micheal Imodu-Ganmo Road     Rebecca Bake     National Information Technology Development Agency     Oju Ekun Sarumi     Simeon Sayomi     Salihu S. Yaru     Afonja     Toyin Saraki     Abubakar Abdullahi Bata     Abdulmumini AbdulRazaq     Kwara NIPR     Siddiq Adebayo Idowu Salawu     Saadu Gbogbo Iwe     Yusuf Abdulkadir     Amuda Musbau     Ayodele Kuburat Olaosebikan     Olusin Of Ijara Isin     Kawu     Awili Pedro     Oke-opin     Iponrin     Taofeeq Olateju     Demola Banu     2017 Budget     Muslimah Entrepreneurship Forum     Ayodele Shittu