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.

Emir Of Yashikira     Mufutau Olatinwo     AbdulGafar Tosho     Aliyu Umar     Ajeigbe     Oko     Kwara State Coalition Of Business And Professional Associations     Fatimah Abdulkadir     Sidikat Uthman Ajibola     Sulaiman Gado     Ibrahim Abdulkadir Abikan     Islamic Development Bank     Hassan Taiye Salam     Rabiu Kwankwaso     Bisi Kristien     Ibrahim Abiodun     Isiaka Gold     Apaokagi     Moshood Kashimawo Abiola     Olomu Of Omu-Aran     Sadiq Buhari     Alabere     Alapado     Afetu Of Alabe     Egbejila     First Lady     Bolakale Kawu     Adijat Adebiyi     SGBN     Oba Sulaiman Asude     Shuaib Abdulkadir     Federal Allocation     Saraki     Firdaos Amasa     Hassan Abdulazeez Elewu     Maryam A. Garuba     IHS     Samuel Elizabeth Keatswa     Kanu Agabi     Abdulrahman Abdulrazak     Segun Abifarin     Offa Grammer School     Tunji Oyawoye     Kale Ayo     Simeon Sule Ajibola     AGF Abdulrazaq     Ronke Adeyemi     Amina El-Imam     Musa Alhassan Buge     Ubandoma     Lanre Aremu     Nigerian Correctional Service     Frootify     Seun Bolaji     Siddiq Adebayo Idowu Salawu     MAI Akande     Dumagi     Omotoso Musa     Wahab Abayawo     Bursary     Busari Toyin Isiaka     Adebayo Salami     Abatemi Usman     Ilorin Innovation Hub     Eleja     Ayobami Seriki     Igbomina     Onilupeju Of Ilupeju     Abdulrauf Yusuf     Lawyers Unite Against Corruption     Kumbi Titilope     Valsolar     Muhammad Fawaz Abubakar     Sambo Murtala     AbdulGaniyu Kareem     Ahman Pategi     Mohammed Saidu    

Cloud Tag: What's trending

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

Abraham Ojo     Kayode Oyin-Zubair     MATTA Girls Foundation     Mohammed Lawal     Olomu Of Omu-Aran     Aliyu Muhammed     Rihanat Ajia     Salihu Ajibola Ajia     Balikis Jawondo     Emir Of Shonga     Ilorin Muslim Community     Gobirawa     Abdulganiy Abimbola Abdussalam     Abubakar Lah     AbdulQowiy Olododo     Muhammad Sirajo Aliyu     EFCC     SSA Youth     Kwara State Polytechnic     SGBN     Aremu Odolaye     Odo-Owa     Yakubu Danladi     Habeeb Saidu     New Nigeria People’s Party     Kayode Ogunlowo     Isiaka Yusuf     Owo Isowo     Oya State     Ibrahim Labaika     Chikanda     Kwara Consultative Forum     Amoyo     Hauwa Nuru     Aliyu U. Tilde     JAAC     Share/Tsaragi     Imam Gambari     Makama Of Kaiama     Aminu Adisa Logun     Offorjama     Lukman Adeloyin     Farouk Salim     Nagode     Hamidu Olowo     Jeunkunu-Malete-Bani     Gbemisola Oguntimehin     Baba Idris     Kumbi Titilope     Memunat Monsuma     Ashiru     Yusuf Abdulkadir     Pius Abioje     Mansurat Amuda-Kannike     Bamidele Adegoke Oladimeji     Abdulmumin Yinka Ajia     Talaka Parapo     Sarah Jubril     Mumini Ishola Hanafi     Albert Ogunsola     Madawaki Of Ilorin     Alabi Lawal     Offa Grammer School     Saka Isau     Apaokagi     Standard Organization Of Nigeria     Kanu Agabi     Sheu Ndanusa Usman     Abdulmumini AbdulRazaq     Kaiama     Abdulwasiu Bolaji Adeyi     Mohammed Alabi Lawal     Samuel Adedoyin     Kola Olota     Salary     Isiaka Rafiu Mope     Tescom.kwarastate.gov.ng