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.

Hakeem Lawal     Musa Abdullahi     Bello Oyebanji     George Innih     Ndama Al-hassan     Haruna Tambiri Mohammed     Dan Iya     Adesoye College     Suleiman Yahya Alapansapa     Henry Makinwa     Saduki Lafiagi     Mahee Abdulkadir     Idowu Aremu     Abdullahi AbdulMajeed     Toyin Saraki     Tayo Alao     Bayo Lawal     Suleman Abubakar     AbdulRahman Saad     Saadatu Modibbo-Kawu     Ademola Kiyesola     Edu     Kawu     Saliu Alamoyo     Kwara United     Monkey Pox     CELF     Habeeb Saidu     Sebastine Obasi     Moshood Kashimawo Abiola     Benin Republic     Hassan Abdulazeez Elewu     Muideen Olaniyi Alalade     Coronavirus     Iyabo Dupe Adekeye     Zara Umar     Mufti Of Ilorin     Pius Abioje     Baba-Isale     Aiyedun     Federal Road Maintenance Agency     Pakata Development Association     Kwara Basketball Association     CACOVID Palliatives     Michael Nzekwe     Maryam A. Garuba     Kamaldeen Ajibade     Col. Ibrahim Taiwo     Haliru Dantoro     Tinubu Legacy Forum     Gobirawa     NULGE     Mahfouz Adedimeji     Ubandoma     Ilorin Metro Park     Damilola Yusuf     Rafiu Olasile     Offorjama     Lai Gobir     Abdulazeez Arowona     Abubakar Bature Sulu-Gambari     Sherif Shagaya     Adam Abdullahi Al-Ilory     Umar Sanda Yusuf     Alimi     Yusuf Zulu-Gambari     Mustapha Olanipekun     Abdulrazaq Sanni     Olam Food Ingredients     Noah Yusuf     Raliat AbdulRazaq     Mahmud Ayinla Giwa     Valsolar     Olumide Daniel Ibitoye     Kemi Adeosun     Ibrahim Abiodun     Arinola Lawal    

Cloud Tag: What's trending

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

Isau     Dagbalodo     Centre For Digital Economy     Oja-Oba     Aliyu Kora Sabi     Bilikisu Gambari     ER-KANG Mining Nigeria Company Limited     Muhammed Akanbi     CCB     Kaosarah Adeyi     Abdulrahman Abdulrasaq     Wasiu Onidugbe     Titus Suberu-Ajibola     Abdulrasheed Akogun     Abdulmumin Yinka Ajia     Atunwa     Rapheal Ashaolu     Yahaya Seriki     Ilorin Emirate Stakeholders Forum     Offa Poly     Abdulhakeem Adelaja Amao     Kupchi Hosea Maxwell     Dan Masanin     Adewuyi Funmilayo     Abioye Bello     Alapansapa     Oladipo Akanmu Tolani     Mashood Abdulrafiu Agboola     Amuda Musbau     Marufat Oladosu     Abiodun Abdulkareem     Kwara State Council Of Chiefs     Olatomiwa Williams     Samuel Adedoyin     Khadijat Ayoola Yusuf     Yakub Ali-Agan     Bukola Ajikobi     Fatima Abolore Jimoh     Baboko Primary School     Ilorin Anchor Men And Women     Bashirat Bola Bello     Kwha.gov.ng     Bond     Bayo Ojo     Oba Abdulraheem     Abatemi-Usman     CUTI     Diagnostic Centre     Kwara Teaching Service Commission     Aminu Ado Bayero     Babatunde Ishola Babaita     Jebba     Kwara Pdp     Ahmed Dankaya     Onilupeju Of Ilupeju     Adedipe     Onilu     Ahmad Ali     Samari     Chief Imam Of Omu-Aran     Jawondo     Abdulsalam Firdaous Amosa     Ilorin Like-Minds     Azeez Salawu     Chief Imam Of Lafiagi     Jimoh Olusola Imam     Saka Aleshinloye     Niyi Osundare     Okasanmi Ajayi     Centre For Community Empowerment And Poverty Eradication     Sambo Murtala     11th Galadima     Yunus Oniboki     UITH     Bluenile Associates     Senior Staff Union Of Colleges Of Education     Kwara State Polytechnic