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.

Harrison Osauwagboe     General Hospital, Ilorin     Nigeria Computer Society     Nigerian Correctional Service     Olaosebikan     Alanamu     Oko Erin     Moronfoye     Tosho Yaqub     Charcoal     Offa     Aminu Ado Bayero     Mohammed Halidu     Kale Belgore     Hamid Bobboyi     Dele Momodu     Abdulrazaq Solihudeen     Ramat Oganija     Rafiu Ajakaye     AbdulGaniyu Kareem     Erubu     Pakata Patriots     Ijagbo     Akeem Lawal     Chief Of Staff     Lafia Aliyu Korasabi     LAK Jimoh     Quareeb     Hassan Abdulazeez Elewu     Gaa Olobi     Damilola Yusuf Adelodun     Oloruntoyosi Thomas     Nurudeen Muhammed     Ajibike Katibi     Sunday Popo-Ola     KwaraLearn     Abdulraufu Mustapha     Muhammed Danjuma     Bolakale Saka     Jalala     Geri-Alimi Split Diamond Interchange     Katibi Ibraheem Adeola     Magaji Nda     Oke-Ero     Lai Mohammed     Yakub Lai Gobir     CT Ayeni     Village Alive Development Association     QuickWin     Yomi Adeboye     Lawan     Tsado Manman     David Adesina     Elerin Of Adanla     Doyin Awoyale     Adijat Adebiyi     Sam Okaula     Sa\'adu Salahu     Kayode Ishola     Salihu Ajia     Fatima Abolore Jimoh     Baba Issa     Ado Bayero     Asiwaju Bola Tinubu     Ilorin Talaka Parapo (ITP)     Nigeria Association Of Women Journalists     Abdulrazaq Magaji     Earlyon Technologies     Bolaji Abdullahi     Oyelere Oyinloye     Saliu Oluwole     John Dara     Suleiman Alege Kuranga     Ojuekun     Onilu     Rasaq Jimoh     Isiaka AbdulRazaq    

Cloud Tag: What's trending

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

Presidential Election     Segun Abifarin     Bamidele Aluko     Olatunde Oyeyiola     JAAC     Flights To Ilorin     Raimi Iyanda     Kunle Akogun     Ile Arugbo     Femi Agbaje     Idiagbon     Sadiq Buhari     Muftau Akanbi Oke     Savannah Centre For Diplomacy, Democracy And Development     Abubakar Abdullahi Bata     Alabere     MATTA Girls Foundation     Rashidi Yekini     Sarah Jubril     Abdulkadri Ahmad Alaiye     Roheemat Hammed     Ilorin Emirate Staff Association     Rachael Obisesan     Babata     Ilesha-Gwanara     Saka Adeyemo     Toyin Abdullahi     Taofeek Sanusi     Abubakar Abdulraheem     Sheikh Ariyibi     AbdulRazaq Abubakar Jiddah     NITDA     Lawal Arinola Kudirat     Mubarak Oladosu     Ahmad Ali     A.E. Afolabi     Moses Adekanye     Binta Abubakar-Mora     Afonja     Ajia-Bako     Henry Olaosebikan     Abdullateef Abdussalam     Sai Kayi     Oyawoye     Abdulfatai Baakini     Bayo Lawal     Eghe Igbinehin     Segun Olawoyin     Isiaka Rafiu Mope     John Olajide Adedipe     Bello John Olanrewaju     CLAY POT     Zulu Gambari     Niguel Gallando Marcias     Ramat Oganija     Yusuf Ibitokun Sherifat     Monsurat Omotosho     AbdulHakeem Ajibola Akanbi     International Aviation College     Olabode George Towoju     James Kolo     Bankole Omisore     Joseph Offorjama     Trader Moni     Babatunde Ishola Babaita     Monthly Sanitation     New Nigeria People’s Party     Erubu     Garba Dogo     Abdulraheem Yusuf     Abdulmalik Bashir Mopelola Risikatullahi     Lanre Badmus     Rebecca Olanrewaju     Kolo     NFAI     Abdulwasiu Bolaji Adeyi     Isa Aremu