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.

Hassan Taiye Salam     Gbenga Adebayo     Transition Implementation Committee     NaAllah     Kwara Coalition Of Business And Professional Associations     Afeyin-Olukuta     Www.Kwarareports.com     Kumbi Titilope     Iyeru Grammar School     Ilorin International Airport     Mohammed Abdulahi     YAKOOYO     Trader Moni     Ajike People Support Centre     Ramadan     Ethical College     Oloruntoyosi Thomas     ASUU     Abdulrahman Abdullahi Kayode     Olugbense     Special Adviser On Digital Innovation     Alaro     Tunji Oyawoye     Toyin Abdullahi     Alfa Yahaya Road     Okanlawon Taiwo     Taofeek Ibraheem     Jimba Babatunde     Olaiya Zuberu     Forgo Battery     IHS     Aminat Ahmed     Benin Republic     Yetunde Balogun     Kwara Muslim Pilgrims Welfare Board     Doyin Group     Aminu Ado Bayero     Yusuf A. Usman     Funke Adedoyin     Olota Of Odo-Owa     Tinubu Legacy Forum     Sodiya     Ahmed Bayero     Harrison Osauwagboe     Government Girls’ Day Secondary School Pakata     Kale Belgore     Abubakar Suleiman     NIRSAL     Moses Salami     Valsolar Consortium     Rebecca Olanrewaju     Doyin Agbamu     Isiaka Gold     Ayegbeni     Joseph Offorjama     Mustapha Olanipekun     Onilu     Dapo Teni Nig Enterprise     Hauwa Nuru     CUTI     Igbaja     Sidikat Akaje     NNPP     Theophilus Oyebiyi     Wole Oke     Esuwoye     Lucky Omoluwa     Abdulmumini Jawondo     Salman Alada     Overland     Ayobami Akanbi     Oba Sulaiman Asude     Ghali Muhammed     Simon Sayomi     Olushola Saraki     Baaziki Sulaiman     AbdulQowiy Olododo    

Cloud Tag: What's trending

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

Florence Saraki     Budo-Egba     Dan Iya Of Ilorin     Majlis For Sadaqah, Zakat And Waqf     Students Union Government     Isiaka Yusuf     Bukola Saraki     General Tunde Idiagbon International Airport     Rashidi Yekini     ASUU     Mike Omotosho     Popo-Igbonna     Just Event Online     Kwara Hotel     Metro Park     Ile Arugbo     Bello Oyebanji     Eghe Igbinehin     Abdulahi Abubakar Bata     Ogbondoroko     Oba Sulaiman Asude     AbdulGaniyu Kareem     Ado Ibrahim     Arinola Lawal     Abubakar Atiku     Okedare     Tunji Arosanyin     Afin Descendants Union Of Odo-Owa     Mamatu Abdullahi     Ajia-Bako     Offa Grammer School     Vasolar Consortium     ASMAU PLAZA     Erubu Oba Zubair     Olufolake Abdulrazaq     Shehu Salau     LABTOP     IESA     Barakat Community Secondary School     Laolu Saraki     Ayodele Kuburat Olaosebikan     Zara Umar     Kisra     Kola Ologbondiyan     Habeeb Abdullahi Al-Ilory     Lateef Alagbonsi     Alloy Chukwuemeka     Mohammed Halidu     Sanusi Abubakar     EndSARS     Jawondo     Ishola Balogun Fulani     Owode Market     Abubakar Baba Sulaiman     Adedeji Onimago     Ilorin Emirate Stakeholders Forum     Sambo Murtala     Kwara Restoration Project     Abdulazeez Uthman     Christian Association Of Nigeria     Lanre Badmus     Dairo Kunle Paul     Olatunji Bamgbola     Ilesha-Baruba-Gwanara     Ibrahim Mashood     IHS Towers     Yahaya A Paniyaro     Wahab Issa     Ahmed Saidu Rufai     Sadiq Umar     Ekweremadu     Revenue Court     Ado Bayero     Kwara State Sports Commission     Titus Suberu-Ajibola     Lai Gobir     Olaitan Buraimoh