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.

Innocent Okoye     Abdulrauf Aliyu     Esinniobiwa Quareeb     Clara Nwachukwu     Ahmed Saidu Rufai     Olubukola Kifayat Adedeji     Sherif Shagaya     Kwara State Polytechnic     Sango-UITH Road     Muyiwa Oladipo Kanu     Isiaka AbdulRazaq     Volunteers Of Ilorin Community And The Emirate     Reuben Paraje     Tunde Mukaila Mustapha     Lawan     Salihu Ajibola Ajia     KWTV     Aminat Ahmed     Saadu Alanamu     SSA Youth Engagement     Olomu     Tosho Yaqub     Kwara Consultative Forum     Mohammed Abduraheem     JAMB     Ibrahim Gambari     Eruku     Ishaq Oloyede     Tunde Oyawoye     Admiralty Villa     Ganiyu Taofiq     Agbarere     Kayode Ibrahim     Adebayo Mohammed Kamaldeen     Kwara State Infrastructure Development Fund     Olomu Of Omu-Aran     Economic And Financial Crimes Commission     Muhammad Sirajo Aliyu     Tunde Yusuf     Oladimeji Thompson     Students Union Government     Abdulwahab Oba     Musa Yeketi     Ojuekun Sarumi     VADA     Akom Construction And Engineering Synergy Ltd     Hamidat Sulyman-Yusuf     Isau     Muritala Olarewaju     Bello John Olanrewaju     ER-KANG     Isiaka Oniwa     Budo-Egba     Amuda Musbau     Post-utme     Alagbado     Ogbondoroko     Amada Jidda     A.O. Belgore     Bahago     Michael Nzwekwe     Kwarareports.com     Agboola Abdulraheem     Bisi Oyeleke     Special Agro-industrial Processing Zone     Shuaibu Yaman     Royal FM     Waziri Yakubu Gobir     Taofik Abiodun Ahmed     Salman Jawondo     Kumbi Titilope     Kwara Apc     Kwara Coalition Of Business And Professional Associations     Ahman Pategi University     Saadu Gbogbo Iwe     Yoonus Lawal     Mashood Dauda    

Cloud Tag: What's trending

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

Alabi Lawal     Lawal Jimoh     Abubakar Suleiman     Kwara State Printing And Publishing Corporation     Shehu Adaramaja     Abdulraheem Olesin     Surajudeen Akanbi     Tunde Oyawoye     Federal Allocation     KW-GIS     Aisha Ahman Pategi     Abdulwahab Ololele     Gbajabiamila     Just Event Online     Hussein Oloyede     Post-utme     Wahab Femi Agbaje     Amasa     Otuka     James Kolo     Makama Of Kaiama     GRA     Guber Aspirant     IsDB     Kwarareports     Ibrahim Labaika     Bilikisu Gambari     Nigeria Customs Service     Ilorin Airport     Labour Party     Na\'Allah     Turaki Of Ilorin     Elections     Ibrahim Abdullahi     Ibraheem Adeola Katibi     Seun Bolaji     Abdulmumin Yinka Ajia     Emmanuel Olatunji Adesoye     C2c@kwarastate.gov.ng     Adaramaja     Isiaka Abdulrazak     Olayinka Olaogun     Adedayo Yusuf Abdulkareem     Okin Biscuit     Prince Bola Ajibola     Oyeyemi Olasumbo Florence     Onilupeju Of Ilupeju     Erin-ile     Mustapha AbdulGaniyu     CT Ayeni     Aliyu Salihu     Majlis For Sadaqah, Zakat And Waqf     ASUU     Okin Malt     Tunji Oyawoye     Dairo Kunle Paul     Aisha Gobir     Senior Staff Union Of Colleges Of Education     Abdulbaqi Jimoh     Tinubu     Mutawali Of Ilorin     Ilorin Metro Park     Wasiu Odewale     Bello Taoheed Abubakar     Ridwan Agboola     Women For Change And Development Initiative     Solomon Edoja     Mike Omotosho     Rashidi Yekini     Labaeka     Popo-Igbonna     Ishaq Salman     Abdulrasheed Na\'Allah     2023 Elections     Innocent Okoye     MalHub     Michael Imoudu National Institute For Labour Studies