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.

Kwara University Of Education     Shehu Salau     Sheu Ndanusa Usman     Osi     Yusuf Ali     Ishaq Salman     Code Of Conduct Tribunal     Obuh     Ayodele Shittu     Ogbondoroko     Farouk Salim     Oni Adebayo     Saeedat Aliyu     Umar Yakubu Jaja     Olatunji Moronfoye     Wale Oladepo     Waziri Yakubu Gobir     Aremu Bose Deborah     Mustapha Akanbi     Moses Salami     Abdullateef Abdussalam     Saba Jibril     Olatunde Jare     Doyin Group     Salihu S. Yaru     Abdullahi Samari     GRA     Saka Aleshinloye     Kehinde Baale     Seun Bolaji     Labour Party     Code Of Conduct     Mufti Of Ilorin     Simeon Ajibola     Oba Abdulraheem     Ahmed Dankaya     Ghali Muhammed     Umar Ayinla Saro     Aliyu U. Tilde     IQRA College     IsDB     IESA     Yusuf Olaolu Ali     NFAI     Titus Suberu-Ajibola     Tope Daramola     Baaziki Sulaiman     Nagode     Coalition Of Kwara North Groups     KW-GIS     General Hospital, Offa     Abdulwahab Ololele     Tosho Yaqub     Salmon Babatunde Salmon     Adesoye College     Just Event Online     Gbenga Awoyale     Lola Olabayo     Hamza Usman     Oke-Ogun     Maimunat Oniyangi     Afolabi-Oshatimehin Adenike Harriet     Abiodun Abdulkareem     Mamatu Abdullahi     Ahmad Belgore     UNILORIN Alumni Association     Rafiu Olasile     REO CAKES     Toyin Saraki     Mohammed Halidu     Nigerian Supreme Council For Islamic Affairs     ASKOMP     Bayer Nigeria Limited     20 Billion Bond     Read With Me     Ohoro Of Shao     Teachers Specific Allowance    

Cloud Tag: What's trending

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

Femi Gbajabiamila     Sheriff Olanrewaju     Sunday Fagbemi     KWTV     Saka Abimbola Isau     Tanke Flyover Bridge     Saliu Shola Taofeek     Abdulrahman Abdulrazak     MMWG     Ghali Muhammed     Idris Amosa Saidu     Adamu Jemilat-Baki     Adesina Simon Sodiya     Yashikira     Chief Imam Of Ilorin     Tsaragi-Share     Saka Keji     Seed Technologies     Mumini Ishola Hanafi     Iyabo Adisa Ibiyeye     Matthew Babaoye     Ajibike Katibi     General Hospital, Offa     Abdulwaheed Musa     Yahaya Oloriegbe     March 18     Hassan Oyeleke     Abiodun Jacob Ajiboye     Lanre Issa-Onilu     Riskat Opakunle     Umar Ahmed Gunu     Salau Kabiru Abdullahi     07039448763     Shonga Farm Project     Ilorin Metro Park     Fatima Abolore Jimoh     IYA ALFA NLA     Boko Haram     Amos Sayo     Ojuekun     Shuaibu Yaman Abdullahi     AbdulRasaq Abdulmajeed Alaro     Olomu     AGM Professional Services     Muslim Media Watch Group Of Nigeria     Adebayo Mohammed Kamaldeen     Al-Hikmah Radio     Khairat Gwadabe     Abubakar Usman Jos     Olabode George Towoju     Mohammed Haruna     Aremu Odolaye     Ayobami Seriki     A.O. Belgore     Garment Factory     Toyin Saraki     Alloy Chukwuemeka     Balogun Gambari     Rotimi Atere     Agboola Babatunde     Kwara State Coalition Of Business And Professional Associations     SSA Youth     Afolayan     UNIFEMGA     Ibraheem Abdullateef     Akeem Olatunji     Bamikole Omishore     Ahmed Bayero     Association Of Kwara State Online Media Practitioners     Olateju Lukman     Otuka     Omar Gambari     Abioye Bello     Siddiq Adebayo Idowu Salawu     Isaac Aderemi Kolawole     Tafidan Kaiama     ARMTI