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.

Issa Baba     Pacify Labs     Olusin Of Ijara Isin     Eleyele     Khadijat Ayoola Yusuf     A.O. Belgore     General Hospital, Offa     Emir Of Yashikira     Kwarareports.com     Share/Tsaragi     Oju Ekun Sarumi     Seun Bolaji     United Nigeria Congress Party     Ubandoma Of Ilorin     Galadiman Ngeri     Government Girls’ Day Secondary School Pakata     Simeon Ajibola     Garba Ado Sanni     Ibraheem Adeola Katibi     IFK     Abdulkadir Remi Hawawu     CELF     Ilorin Emirate     Kwara State Television (KWTV)     Ahmed \'Lateef     Okin Group     Saka Saadu     Hussein Oloyede     Opaleke Bukola Iyabo     Moronfoye     Tanke Road     Memunat Monsuma     Samuel Olusegun Adedayo     Kola Ologbondiyan     Kayode Ogunlowo     Funmilayo Oniwa     Kwara State Council Of Chiefs     Olumide Daniel Ibitoye     Katibi Ibraheem Adeola     Titus Suberu-Ajibola     Busari Alabi Alausa     IQRA College     Yahaya Abdulkareem     08001000100     Lawal Olohungbebe     Coronavirus     Oke-Odo     Islamiya Abdulraheem     Abdulrauf Yusuf     Idris Garba     Adebara     Pius Abioje     Abubakar Atiku     Amos Justus Sayo     Kawu     Royal FM     ER-KANG Mining     Prince Bola Ajibola     Elerin Of Erin-Ile     Akande Idowu Ayoola Muhammed     Village Alive Development Association     Nigeria Association Of Women Journalists     Yahaya Seriki Gambari     Ogbondoroko     Ibrahim Bio     Erubu Oba Zubair     Wale Oladepo     Charles Ibitoye     Bisi Oyeleke     Oyun     Suleman Abubakar     Kwara State Polytechnic     Roseline Oni Aremu     NIPOGA     CLAY POT     Ariyo     Samari    

Cloud Tag: What's trending

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

Yakubu Dogara     Dagbalodo     Adamu Atta     Busari Toyin Isiaka     Mohammed Abduraheem     Danhawa     Olayinka Jelili Yusuf     AGM Professional Services     Kabir Shagaya     Mukhtar Shagaya     Abdulrasheed Lafia     Muhammed Aliyu     Lola Olabayo     Guber Aspirant     Memunat Monsuma     Kamoru Kadiri     Onikijipa     College Of Arabic And Islamic Legal Studies     Dele Momodu     Akeem Lawal     Galadiman Ngeri     Bukola Ajikobi     Moronfoye     Mufti Of Ilorin     Lola Ashiru     KWATMA     SARS     Agbarere     Adesoye     Kale Ayo     Baba Idris     Read With Me     Abdulkadri Ahmad Alaiye     Agor     Apaokagi     Tescom.kwarastate.gov.ng     Oluwarotimi Boluwatife Adenike     High Court     Kazeem Oladepo     Obuh     Oniyangi     Peculiar Allowance     Wahab Abayawo     Dunmade     Oba-Solagberu     Nnazua     Ibraheem Abdullateef     Omoniyi     Tinubu Legacy Forum     Muhammad Ghali Alaaya     NITDA     Abdulwaheed Musa     Danladi     Waziri Yakubu Gobir     Vasolar-Kwara Company Ltd     Ilorin     Wahab Egbewole     CELF     Sabitiyu Grillo     Ohoro Of Shao     Jide Oyinloye     Hassan Oyeleke     Ayinde Oyepitan     Kwara 2023     Razak Atunwa     Zainab Abass     Sardauna     Omoniyi M. Ayinla     Harmony Holdings     Javed Khan     Abdulazeez Uthman     Tanke Road     Ali Ahmad     John Obuh     Hassan Abdulazeez Elewu     ASUU     Kwara State Fish Farmers Association