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.

Ibrahim Taiwo     Tunde Oyawoye     Gbadeyan Gbadura Yomi     MINILS     Issa Baba     Yusuf Lanre Badmas     Hassan Oyeleke     Yahaya Jibril Usman     Government High School Adeta     Ifelodun     Abdulrasheed Akogun     Otoge     Iyabo Adisa Ibiyeye     Olatunde Jare     Aliyu Adebayo     Freshvine Nigeria Limited     Ajase-Ipo     Mohammed Ajia Ibrahim     Roseline Oni Aremu     Abubakar Ndakene     Charles Ibitoye     Oke-Ode     Yusuf Abdulkadir     Salaudeen Oyewale     Samuel Adedoyin     Trade Lenda SME Fair     Ojo Isekuse     UITH     Shonga     James Ayeni     Shagari     Ilorin Innovation Hub     Ahmed Idris Mohammed     Ilorin Emirate Staff Association     Olayinka Jelili Yusuf     New Nigeria People’s Party     Kwara State Geographic Information Service     Vasolar     Muyiwa Oladipo Kanu     Tunde Yusuf     Mahmud Ayinla Giwa     Amos Justus Sayo     Kolawole Bashirat     S.O. Opowoye     Muhammad-Mustapha Suleiman     Hajj     Valsolar Consultoria     Rabiu Kwankwaso     Elekoyangan     Ojuekun Sarumi     Surajudeen Akanbi     Mohammed Saidu     Bamidele Aluko     Mohammed Yisa     Senior Special Assistant On Student Affairs     Rafiu Ibrahim     Orisa Bridge     Nigerian Medical Association     Sheriff Shagaya     Gbugbu International Market     KWASEIC     Ubandoma     High Court     Akume     PAACO-PCL Consortium     Bola Magaji     Segun Ogunsola     Olaiya Zuberu     Mike Omotosho     KFA     Split Diamond Interchange     Moshood Bakare     Balogun Ajikobi     Mohammed Abduraheem     Harrison Osauwagboe     Kwara State Coalition Of Business And Professional Associations     Abdullahi G. Mohammad    

Cloud Tag: What's trending

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

Abdulrasheed Lafia     Owo Isowo     Yakub Ali-Agan     Sanitation Exercise     Egbejila     Eghe Igbinehin     Oniyangi Kunle Sulaiman     Senate President     AbdulHakeem Ajibola Akanbi     Rebecca Olanrewaju     Lateef Ademola Olatunji     Dumagi     Babaita     Mubarak Oladosu     Aisha Gobir     Moses Adekanye     NSCIA     Bilikisu Oniyangi     Nupe     Abdulganiyu AbdulAzeez     Jimoh Akani     Bola Sagaya     Abiodun Jacob Ajiboye     Goodluck Jonathan     Umar Gunu     Women For Change And Development Initiative     Atiku     Stephen Fasakin     AGILE Programme     Jumoke Gafar     Tescom.kwarastate.gov.ng     Ilorin Talaka Parapo     Alanamu     Falokun-Oja     MalHub     Lithium     Ahmad Lawan     2023 Elections     Abdullah Janet Amudat     Umar Adelodun     Amuda Aluko     IFK     Bature Bello     Laolu Saraki     Jide Ashonibare     Bello Abubakar     Kayode Oyin Zubair     Crystal Corner Shops     Yusuf Mubarak     Abdulmajeed Abdullahi     Abdulmumini Sanni Jawondo     Musa Abdullahi     Dar-Al-Handasah Consultants     Ndama Al-hassan     Tuesday Assayomo     Issa Baba     KWASEIC     Ishaq Salman     Kamaldeen Ajibade     Idiagbon     Ayoade Akinnibosun     Adamu B. Yaqubu     Moji Makanjuola     State Bureau Of Internal Revenue     Fareedah Dankaka     Suleman Abubakar     Raliat Islamic Foundation     Oba Abdulraheem     Ajakaye     Isaac Gbenle     Isiaka Gold     Labaeka     Olaitan Adefila     Makama Of Kaiama     Olatunji Ibrahim     Gobir Organization Foundation     Share-Tsaragi