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.

Gbadeyan Gbadura Yomi     Sambo Murtala     Islamic Development Bank     Oke Sunna     Atiku     Gwanara     Abdulhakeem Amao     Nigeria Customs Service     Quranic Recitation Competition     Medview Airlines     Government High School Adeta     Raji AbdulRasaq     Code Of Conduct Tribunal     Obuh     Isaac Aderemi Kolawole     Musbau A. Akanji     Ibraheem Abdullateef     Abdullahi AbdulMajeed     Isiaka Rafiu Mope     Federal Road Maintenance Agency     Ubandawaki     Abatemi-Usman     Bankole Omishore     Muhammad-Mustapha Suleiman     Offa Descendants Union     Ronke Adeyemi     Shettima Of Ilorin     V.O. Abioye     Najim Yaasin     University Road     Sardauna     Offorjama     Alabe     Laduba     Ajike People Support Centre     Kale Ayo     Omoniyi Ayinla     Rabiu Kwankwaso     Yakubu Danladi     Yahya Mohammed     Olupako     Bolaji Nagode     Waheed Ibrahim     Bayer Nigeria Limited     SSUCOEN     Oyun     Alfa Modibbo Belgore     Dorcas Afeniforo     Olatunji Bamgbola     Federal Polytechnic Offa     Sam Onile     Mohammed Yahaya Barki     Galadiman Ngeri     Majlis For Sadaqah, Zakat And Waqf     Omu-aran     Kola Shittu     Oloyede     REO CAKES     Saliu Mustapha     Abdulganiyu AbdulAzeez     Segun Abifarin     Jimoh Bashir     EndSARS     Yunus Lawal     Abdulrazaq Aiyelabegan     Seni Saraki     Ibrahim Agboola Gambari     Oloriegbe     Issa Memunat Moyosore     Aisha Gobir     Kwara Teaching Service Commission     Oluranti Idowu     Zaratu Umar     Ike Ekweremadu     Dan Masanin     Olam Food Ingredients     Abdulkadir Orire    

Cloud Tag: What's trending

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

Taofeek Sanusi     Muftau Akanbi Oke     Fatai Olodo     Ubandawaki     Post-utme     Olubukola Kifayat Adedeji     Isiaka Rafiu Mope     Muslimah Entrepreneurship Forum     Shaykh Luqman Jimoh     Arik     Rapheal Ashaolu     Babaloja-General     Oke Sunna     Kamaldeen Kehinde     Adamu Attah     Afetu Of Alabe     Sheikh Ariyibi     Savannah Centre For Diplomacy, Democracy And Development     Col. Ibrahim Taiwo     Isiaka Saka Opobiyi     Saidu Yaro Musa     Adebayo Salami     AbdulGaniyu Kareem     UNILORIN Alumni Association     Roheemat Hammed     Saka Balikis Kehinde     LAK Jimoh     Principal Private Secretary     Volunteers Of Ilorin Community And The Emirate     AbdulGafar Tosho     Afolasade Opeyemi Kemi     Geri-Alimi Split Diamond Interchange     Mahmud Ajeigbe     Afonja Descendants Union     Chief Imam Of Ilorin     James Kolo     Ibrahim Issa Jetti     Kwara 2023     Mope Dasuki Belgore     Rueben Parejo     Adama Isa     Afolabi-Oshatimehin Adenike Harriet     Maimunat Oniyangi     Saka Aleshinloye     Ilorin Innovation Hub     Muslim Cementary     Danhawa     Ahman Pategi     Ibrahim Akaje     Neo Mundo Ltd     Balikis Jawondo     Leke Ogungbe     Trade Lenda SME Fair     Olusin Of Ijara Isin     A.G.F Abdulrasaq     Suwa-Arabs     Balogin Alanamu     Muhammad Mustapha Suleiman     Yomi Ogunsola     Ibrahim Mashood     Sola Saraki University     Okin Malt     Sheikh Ridhwanullah     Shuaib Boni Aliyu     Mansur Alfanla     Local Government Pension Board     Emir Of Kano     Kwara State Health Insurance Agency     Abdulkadir Bolakale Sakariyah     ANCOPPS     Lukman Oyebanji Fagbemi     Olugbense     Ogbondoroko     Seni Saraki     Offa Poly     Dele Belgore     Chief Imam Of Omu-Aran