Kwara urged to set aside one per cent of budget
Business owners under the aegis of Kwara State Coalition of Business and Professional Associations (KWACOBPA) have urged the government to set aside one per cent of its annual budget to support entrepreneurs.
They said they have sent a bill to that effect to the House of Assembly.
The coalition enjoined the government to set up a committee, whose members would be drawn from the private sector, to manage the fund.
The Chairman of the coalition, Chief Hezekiah Adediji, who spoke yesterday in Ilorin at the presentation of policy briefs on business agenda to private sector stakeholders, advised the government to use the one per cent as a revolving loan for every business owner, devoid of any political colouration.
He recommended an interest rate of five per cent.
Adediji advised the government to access its N2 billion from the N220 billion the Central Bank of Nigeria (CBN) set aside for micro small and medium enterprises fund.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Orisun Igbomina Ilorin General Hospital Raliat AbdulRazaq Ilorin Like-Minds Oja-Oba ITP Gurei ASUU Asiwaju Bola Tinubu Ohoro Of Shao Abdulquawiy Olododo Idowu Aremu Abdul Jimoh Mohammed Adamu Ibrahim Sabi Farouk Salim Saka Balikis Kehinde Ishola Abdullahi Oko Abubakar Atiku Umar Saro Sheikh Ariyibi CBT Inside Kwara KWIRS Yakub Lai Gobir Bilikisu Gambari AbdulKareem Yusuf Danhawa International Aviation College Ileloke Makama Bio Ibrahim NNPP Arik Rafiu Ajakaye Lawyers Unite Against Corruption Maja Yinka Aluko Ibrahim Bio Lawal Jimoh Babaita Amos Bajeh Sheriff Olanrewaju Ayoade Akinnibosun Bashirat Bola Bello Toyin Abdullahi Veterinary Teaching Hospital SUBEB Ramadan Sola Saraki University Yomi Adeboye Jamila Bio Ibrahim Centre For Peace And Strategic Studies Bankole Omishore IF-K Saka Abimbola Isau Kwara-SAPZ Project Owo Isowo Yusuf Amuda Aluko Apaola IYA ALFA NLA Bamidele Adegoke AIT Ilorin Christopher Ayeni Salman Jawondo Adisa Logun SSA Youth Engagement Donatus Ejidike Omoniyi M. Ayinla T And K FOODS Seni Saraki Mazars Consulting Ajasse-Ipo Eleja Lateef Alagbonsi Olohungbebe SSA Youth Kwara State Fire Service