SMEs: Kwara to access N750m from BoI

Date: 2012-06-01

The Kwara State Government has said that it plans to access N750m loan from the Bank of Industry to  boost Small and Medium Enterprises in the state.

The state Commissioner for Commerce and Co-operatives, Alhaji Saka Onimago, stated this in Ilorin on Wednesday during a ministerial media briefing on the one year anniversary of the administration of the Governor, Alhaji Abdulfatah Ahmed.

He said Ahmed had authorised the ministry to source for the facility because of the administration’s perception of SMEs subsector as one of the bedrocks of socio-economic advancement.

According to him, the facility will help to revamp moribund industries in the state. Onimago said 147 co-operative societies had benefited from the N250m loan scheme of the government, adding that micro-finance banks were accredited to disburse the loan.

He also said the government was developing a free trade zone,  as well as plans to go into the export of shear butter being produced in the state.

The Commissioner for Agriculture, Alhaji Mohammed Kpan, said the government had worked out plans to effectively prevent clashes between Fulani herdsmen and farmers in the state.

According to him, the government plans to develop six grazing reserves in the state; two grazing reserves for each of the three senatorial zones.

He added that the government had developed strategies to further boost the production and marketing of cassava, maize, rice and sorghum.

According to him, the government has entered into partnership with some foreign expatriates to further boost commercial agriculture and provide job opportunities for the people of the state.

The Special Assistant to the Governor on Youths Empowerment, Alhaji Saka Babatunde, said the government had employed 2,000 youths under the state’s Bridge Employment Scheme, adding that the government had spent over N140m on the scheme - spending over  N20m each month for seven months.

Source

 

Cloud Tag: What's trending

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

Yusuf Abubakar     Ahmad Lawan     A.E. Afolabi     Shagari     National Information Technology Development Agency     Baboko     Ghali Alaaya     Bello John Olanrewaju     Adebara     David Oyepinola Adedumoye     NNPP     Grillo     Curfew     Ishaq Abdulkarim     Moshood Mustapha     Odo-Owa     Bankole Omisore     George Funsho Adebayo     John Obuh     Illyasu Abdullahi     Abdulmumini Jawondo     KWACOBPA     Forgo Battery Company Limited     Kale Bayero     Ileloke     Yusuf Lanre Badmus     Amuda Musbau     Nagode     Razak Atunwa     Jimba Babatunde     Clement Yomi Adeboye     Mutawalle     Bature Bello     Sa\'adu Gambari     Omotoso     Moses Adekanye     Ella Supreme Tissue Paper     KWASIEC     Sarah Jubril     Ayobami Seriki     Kale Belgore     Sunday Otokiti     Royal FM     Kwara State Football Association     MMWG     Diagnostic Centre     Usman Rifun     Kola Bukoye     Olumide Daniel Ibitoye     Saadu Yusuf     Amina El-Imam     Onikijipa     Sidikat Akaje     Azeez Salawu     Mamatu Abdullahi     Apado     Mohammed Khadijat Kubura     Bolakale Ayo     Abdulrazak Shehu Akorede     Kanu Agabi     IQRA College     Kumbi Titiloye     Hassan A. Saliu     Muhammad Akande Olarewaju Odunade     Www.Kwarareports.com     Earlyon Technologies     Alao Ayotunde     Adedayo Yusuf Abdulkareem     Samuel Elizabeth Keatswa     Muritala Olarewaju     Kolawole Bashirat     Adebayo Mohammed Kamaldeen     Edret Sabi Abel     Kishira     Alanamu     Deji Ajani     Ahman Pategi University    

Cloud Tag: What's trending

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

COVID-19 Palliatives     TVC Female National Debate     Oju Ekun Sarumi     Abdulrahman Abdulrazak     Abdulkadir Jimoh     Abdullahi Dasilva Yussuf     Kazeem Adekanye     Surajudeen Akanbi     ASKOMP     Saka Adeyemo     Olusola Saraki     Adedeji Onimago     Ope Saraki     Moremi High School     Yaru     Col. Adedipe     Tinubu     Olusin Of Ijara Isin     Issa Memunat Moyosore     Pilgrims Board     Afin Descendants Union Of Odo-Owa     Abubakar Aliagan     Ilofa     Elerinjare-Ibobo     Oke-Ode     Kwara State Pension Board     Metro Park     Kamoru Kadiri     Javed Khan     Haruna Tambiri Mohammed     David Oyepinola Adedumoye     Oluwarotimi Boluwatife Adenike     Erubu Oba Zubair     Abdulbaqi Jimoh     Ibrahim Labaika     All Peoples Party     Inside Kwara     Ahmad Uthman     Yahaya A Paniyaro     Salihu Ajia     Aasiyat Bello Oyedepo     Iyaloja-General     Kisra     Bank Of Industry     Muslim Media Watch Group Of Nigeria     Biliaminu Aliu     Omupo     Solomon Edojah     Mohammed Yisa     Muhammad Yahya     John Olajide Adedipe     Sodiya     Tafida Of Ilorin     Ilota     Isiaka AbdulRazaq     Abdulfatah Ahmed     Al-Ilory     James Ayeni     Mumini Ishola Hanafi     Kunle Okeowo     Moro     Adesina Simon Sodiya     Aisha Ahman Pategi     Ijagbo Health Centre     Soffiyyallah Kamaldeen     Aro Yahaya     Zulkifli Ibraheem     AIT Ilorin     David Oyedepo     Sardauna     Akom Construction And Engineering Synergy Ltd     Sobi     Park     Mohammed Abdulahi     Zara Umar     Jumoke Monsura Gafar     Bello John Olanrewaju