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.

Razaq Atunwa     Kwarareports.com     Oluwole Dupe     Allocation     Baba-Isale     Niyi Ogundiran     Lawan     Zubair Folorunsho Erubu     Sabitiyu Grillo     Owode Market     SWAN     Nigerian Army     Ahmed Bolaji Nagode     Kwara Consultative Forum     Kwasu     Unilorin     Harrison Osauwagboe     Abdullateef Abdussalam     Toyosi Thomas     Volunteers Of Ilorin Community And The Emirate     AbdulRauf Keji     Abikan     Balogun Fulani     Aso-ofi     Lateef Fagbemi     Afusat Nike Ibrahim     Muhammed Abdullahi     General Hospital, Offa     Ophthalmological Society Of Nigeria     Hauwa Nuru     Halimat Yusuf     Galland Marcias     Kabir Shagaya     Falokun-Oja     Kwara Liberation Group     Muhammad Akande Olarewaju Odunade     Student Learning Support Helpline     Oko-Olowo     Muhammadu Gobir     Olaoye B. Felix     Simeon Ajibola     Oasis Muslim Care Foundation     IsDB     Umar Bayo Abdulwahab     Isaac Gbenle     Sidikat Alaya     Deji Ajani     Adegoke Bamidele     Taiwo Joseph     A.G.F Abdulrasaq     Abiodun Musa Aibinu     Ibrahim Akaje     Olusin Of Ijara Isin     Kuliyan Geri     National Union Of Road Transport Workers     Mohammed Yisa     Pakata Development Association     Abubakar Abdulraheem     Assayomo     Obayomi Azeez     ASMAU PLAZA     Eleja     Suleiman Idris     IPSAS     Shola Odetundun     Sam Okaula     Sunday Otokiti     Ayobola Ipinlaiye     Ibraheem Adeola Katibi     Ibrahim Abduquadri Abikan     Roheemat Hammed     Saeedat Aliyu     Baruba     Yakubu Dogara     Bola Sagaya     Jare Olatundun     Abubakar Kawu Baraje    

Cloud Tag: What's trending

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

Mahmud Durosinlohun Atiku     M.Y. Abdulrahaman     Razaq Atunwa     Centre For Peace And Strategic Studies     Popo-Igbonna     Ibrahim Akaje     Alapansapa     SARS     Shonga Farm Project     Abdulquawiy Olododo     Abubakar Baba     Iliasu     Najim Yaasin     NURTW     Timothy Akangbe     Share     Omu-aran     Umar Ayinla Saro     Kwara Primary Health Care Development Agency     Frootify     Village Alive Development Association     Is\'haq Modibbo Kawu     Yusuf Lanre Badmus     Oyedun Juliana Funke     Kwara State Polytechnic     Kehinde Boyede     NSCIA     Femi Agbaje     Babaloja-General     Muhammad Mustapha Suleiman     Florence Saraki     Kwara Politics     Col. Ibrahim Taiwo     Ilorin Talaka Parapo     Mahmud Ajeigbe     Makama Of Ilorin     Illyasu Abdullahi     Baakini     Ibrahim Jawondo     Ogbondoroko     Baba Isale     AbdulRazaq AbduMajeed Alaro     Elerin Of Erin-Ile     Bilikis Oladimeji     Goodluck Jonathan     Hassan Taiye Salam     Cassava Growers\' Association     Plat Technologies Limited     Olatunde Oyeyiola     Aliyu Muyideen     Sabo-Oke     Adamu B. Yaqubu     Mohammed Khadijat Kubura     Bamikole Omishore     Aliyu Muhammed     Saka Keji     COVID     Kisra     Moshood Kashimawo Abiola     Tope Daramola     Abdullateef Abdussalam     Abdulraheem Olesin     Abdulkadir Remi Hawawu     Harafat E. Mukadam     Dasuki Belgore     Aso-ofi     Babatunde Ishola Babaita     Babaita     Femi Gbajabiamila     Chief Imam Of Offa     Tafida Of Kaiama     Dauda Adesola     Ishola Balogun Fulani     Convocation Ceremonies     Ridwan Agboola     Veterinary Teaching Hospital     Abdulmajeed Wahab