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.

Kunbi Titiloye     Abdullah Janet Amudat     Henry Makinwa     Harmony Holdings     Mutawali Of Ilorin     Adijat Adebiyi     Abdulrasaq Alaro     General Tunde Idiagbon International Airport     IHS     Oyawoye     Wahab Abayawo     Awili Pedro     Babatunde Idiagbon     Elerinjare-Ibobo     David Adesina     Oluwatoyin Lukman     Rice Farmers Association Of Nigeria     Lai Mohammed     Sulyman Abdulkareem     Saliu Ajia     Siraj Oyewale     Mohammed Tunde-Jimoh     Suleiman Abubakar     Apado     Aisha Ahman Pategi     Ijagbo     Abdulmajeed Wahab     Irepodun     Yusuf Ali     REO CAKES     Oluwarotimi Boluwatife Adenike     International Aviation College     Olanrewju Okanlawon Musa     National Broadcasting Commission     Ibrahim Abdullahi     Seun Bolaji     Aiyedun     Adebayo Salami     ER-KANG Mining     Olaoye B. Felix     Bashir Adigun     Olabanji Orilonishe     Ishak Mohammed Sabi     Abdulrahman Onikijipa     Sheikh Alimi     AbdulRasaq Abdulmajeed Alaro     Aishat Mohammed Lawal     Balogun-Ojomu     Fola Consultant     Shuaib Jawondo     Kwara Basketball Association     Lateef Ademola Olatunji     Ahmad Fatima Bisola     Lai Gobir     Lanre Badmas     Kwara State Fish Farmers Association     Iyabo Adewuyi     Yusuf Babatunde Abdulwahab     Aliyu Alhassan     Saliu Alamoyo     Christopher Ayeni     Ganmo Power Sub-Station     Markaz Arabic And Islamic Training Institute, Agege     Rueben Parejo     Timothy Akangbe     Saduki Lafiagi     Hameed Oladipupo Ali     Salake     Isau     KSIRS     Oba-Solagberu     Muhammed Danjuma     Mahfouz Adedimeji     Sunset Workers     Frootify     Kwara Consultative Forum     Funmilayo Mohammed    

Cloud Tag: What's trending

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

Lawal Olohungbebe     Fatimah Abdulkadir     Gamji Members Association     Abdulquawiy Olododo     SAPZ Project     Bilikisu Oniyangi     Ilorin Muslim Community     Saliu Ajia     Olayinka Jelili Yusuf     Michael Imoudu National Institute For Labour Studies     Sunday Popo-Ola     Arinola Lawal     Kamaldeen Ajibade     Sam Onile     Saduki Lafiagi     Post Utme     Lateef Alagbonsi     Wahab Femi Agbaje     Aliyu Adebayo     Aliyu Olatunji Ajanaku     Sodiya     Toyin Saraki     Federal Allocation     Sebastine Obasi     Adedayo Yusuf Abdulkareem     Rafiu Ibrahim     Bureau Of Lands     Amule Elementary School     Ahmad Olanrewaju Belgore     March 28     Vishvas KOZ Tractors     Shehu Alimi Foundation     Prince Bola Ajibola     Ramadhan     Adebara     Babata     AbdulRazaq Abubakar Jiddah     Share/Tsaragi     Eleyele     Oyun     Ojo Fadumila     Awili Pedro     Abdulraufu Mustapha     CUTI     IYA YUSUF     Wahab Olasupo Egbewole     Oyelere Oyinloye     Aliyu Kora-Sabi     Isa Aremu     Shuaib Abdulkadir     Mopelola Abdulmaliq-Bashir     Okin Biscuits     Marafan Shonga     Shonga     Mutawali     All Peoples Party     Jimoh Bashir     Folorunsho Alao     Oba Abdulkadir La\'aro     Amule     National Association Of Nigerian Students     Joseph Alex Offorjama     JAAC     Tanke Flyover Bridge     Amoyo     All Confederation Of Principals Of Secondary Schools     Tafida Of Ilorin     Tanke     Sarah Jubril     Mary Kemi Adeosun     Tunde Idiagbon Road     Sola Saraki University     Abdulwasiu Bolaji Adeyi     Abraysports FC     Kehinde Baale     Societe Generale Bank Of Nigeria     Government High School (GHS), Adeta