Kwara invests N2.5b in scheme

Date: 2017-02-16

Kwara State government has invested N2.5billion in small and medium scale enterprises (SME) micro-credit intervention scheme since it began in 2012, Governor Abdulfatah Ahmed has said.

He spoke when he received executives of the Joint Tricycle Association at the Government House, Ilorin.

The governor said the scheme was established to support small business owners as part of efforts to boost the informal sector.

He said the government injected funds into the scheme to empower people and cushion the effects of recession.

Ahmed said: "If any government intends to end recession, it must inject more money into circulation.

"So, releasing that substantial amount into the economy is part of our plans and measures to deal with recession. We are ready to support our people, particularly those in the informal sector, to survive recession."

He said the government would assist the association through provision of tricycles for members at subsidised rates so they could contribute to the economy.

"The government is planning to assist those in the informal sector to improve their businesses, to enable them pay taxes for development," the governor added.

He urged the association to support the government to promote peace, security and order.

Ahmed advised members not to allow miscreants infiltrate them.

The association Chairman, Prince Duro Oyebade, hailed the governor for his leadership and payment of salaries despite recession.

Source

 

Cloud Tag: What's trending

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

Abdulquawiy Olododo     KWSUED     Rotimi Oyedepo     Kpotum Mohammed Baba     Titus Suberu-Ajibola     KSIRS     Kola Shittu     Shehu Jimoh     Centre For Community Empowerment And Poverty Eradication     Roheemat Hammed     Muhammed Akanbi     Arca Santa     Isaac Aderemi Kolawole     Abdulganiyu Salahudeen     Asiwaju Bola Tinubu     Tafida Of Kaiama     Adedayo Yusuf Abdulkareem     Ibrahim Agboola Gambari     Olabode George Towoju     Ayo Salami     Kwara Volleyball Association     Prince Sunday Fagbemi     Babajide Ajayi     Radio SBS     Lawal Arinola Kudirat     Undergraduate Bursary     Mumini Ishola Hanafi     Ndama Al-hassan     Royal FM     Yahaya Dumoye     General Hospital, Ilorin     International Aviation College     CBT     Fatimat Saliu     Lawal Jimoh     Kayode Oyin Zubair     Onilorin Of Ilorin     Idowu Laro     Kupchi Hosea Maxwell     Moses Adekanye     Ahmed Ayinla Jimoh     T And K FOODS     Gamji Members Association     Olatunde Michaels     Sarah Jubril     Wahab Issa     Coalition Of Kwara North Groups     Michael Ologundea     Abdulganiyu Oladosu     MAI Akande     IF-K     Ajayi Okasanmi     Idiagbon     Emir Of Kano     Abdulrazaq Sanni     Vasolar Consultoria     Sobi Hill     Sheriff Olanrewaju     Village Alive Development Association     Mashood Abdulrafiu Agboola     Women For Change And Development Initiative     Oba Abdulraheem     Oko     Saeedat Aliyu     Olokoba     Kwara Coalition Of Business And Professional Associations     Offa Grammer School     Laolu Saraki     Dan-Kazeem     KWAFFA     Sobi FM     Kwara Teaching Service Commission     Oba-Solagberu     Ashiru     Kwara State Printing And Publishing Corporation     Kola Bukoye     Aliyu Salihu    

Cloud Tag: What's trending

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

Babatunde Ishola Babaita     Mike Omotosho     Muhammed Mahe Abdulkadir     NTA Ilorin     Idowu Laro     Haruna Olawale Sulaiman     Yahya Mohammed     Crystal Corner Shops     Falokun-Oja     Ahman Patigi     Bamikole Omishore     Jumoke Monsura Gafar     Temitope Ogunbanke     Kulende-UITH     Sherif Shagaya     Ilorin Amusement Park     FERMA     Shoprite     Mohammed Ibrahim     Valsolar Consultoria     Kuliyan Geri     Razak Atunwa     Oyelere Oyinloye     Dele Momodu     Isa Aremu     Fatimat Saliu     Ilorin Talaka Parapo     Kayode Bankole     Bareke     Umar Ahmed Gunu     Abiodun Jacob Ajiboye     Aliyu Muhammed     Adaramaja     Alore     CLAY POT     Yusuf Mubarak     Kayode Zubair     Adedayo Yusuf Abdulkareem     Women Radio     Olaiya Zuberu     Oyawoye     Ramat Oganija     Kayode Alabi     Kwara     Baaziki Sulaiman     Bello Bature     Saraki     Bello Oyedepo     Kayode Yusuf     Deji Ajani     Shuaib Abdulkadir     Zainab Abass     Dar-Al-Handasah Consultants Ltd     General Tunde Idiagbon International Airport     Sa\'adu Salahu     Borgu     Col. Taiwo     National Association Of Nigerian Students     Lithium Deposit     Hamza Usman     Esinrogunjo     Maigidasanma     Obuh     Tinubu     Ahmad Olayiwola Kamaldeen     YAKOOYO     Christopher Odetunde     Tanke Flyover Bridge     Arandun     Sola Saraki Educational Foundation     Shonga Farm Project     Theophilus Oyebiyi     Kwara State Coalition Of Business And Professional Associations     KWAFFA     Sa\'adatu Modibbo-Kawu     Adijat Adebiyi     Omoniyi M. Ayinla