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.

Federal Polytechnic Offa     Clement Yomi Adeboye     Afolabi-Oshatimehin Adenike Harriet     Okala Baba     KWASAA     Ajia-Bako     Mumini Ishola Hanafi     Danladi     Sobi     Dorcas Afeniforo     Emir Of Shonga     Turaki     Ishola Balogun Fulani     Ramadan     Ibrahim Sulu Gambari     Smart School     Offa Descendants Union     SAPZ Project     Ayo Salami     Old Oyo     Ganmo Electricity Sub-Station     Agboola Babatunde     Saidu Yaro Musa     Jimoh Bashir     Tunde Akanbi     Read With Me     Gbemi Saraki     Oniwasi Agbaye     Tafida     Balogun-Ojomu     College Of Arabic And Islamic Legal Studies     Jimba Babatunde     SSA Youth Engagement     Oba Of Jebba     Adanla-Irese     Tunji Olawuyi     Funmi Salau     Odolaye Aremu     Ajuloopin     AbdulFatai Adeniyi Dan-Kazeem     Yahaya Abdulkareem Babaita     Kwara State Polytechnic     Baba Issa     Raimi Iyanda     Senior Ibrahim Suleiman     Monthly Sanitation     Public Holiday     Olabode Towoju     Ogidi-Oloje     Sabo-Oke     Lafiagi     AIT Ilorin     C2c@kwarastate.gov.ng     Ilorin International Airport     Government High School (GHS), Adeta     Wahab Isa     Paul Olawoore     Lucky Omoluwa     Abdulkareem Alabi     Olatomiwa Williams     Federal Road Maintenance Agency     Budo Egba     Sherif Sagaya     Gamji Members Association     Bareke     Muhammad Mustapha Suleiman     Sambo Murtala     Saka Isau     College Of Health     Ita-Nmo Market     Maryam Ado Bayero     Offa Poly     Ganiyu Taofiq     Women Radio     Omoniyi     Haashim Initiative For Community Advancement     Isiaka Oniwa    

Cloud Tag: What's trending

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

ASMAU PLAZA     Tinubu     Ojo Isekuse     Aiyedun     Turaki Of Ilorin     Maja     Osinbajo     Sambo Murtala     Abdulrosheed Okiki     Shagari     Bola Ahmed Tinubu     Oro Grammar School Old Students Association     Awili Pedro     Yusuf Mubarak     Idowu Aremu     Zubair Folorunsho Erubu     Abioye Bello     Akande Idowu Ayoola Muhammed     Lucky Omoluwa     Christopher Ayeni     Yusuf Abubakar     Bolakale Saka     Ebun-Olu Adegboruwa     Ibrahim Abiodun     Aliyu Umar     Ahmed     Omupo     Bello Oyebanji     Kwara Politics     Sai Kayi     Azeez Bello     Basic Education Certificate Examination     Abdulmutalib Shittu     Dele Belgore     Mustapha Olanipekun     Jumoke Gafar     Oluronke Adeyemi     Read With Me     General Tunde Idiagbon International Airport Ilorin     Student Learning Support Helpline     Olomu Of Omu-Aran     Sabo-Oke     Mujtabah Bature     Jawondo     Akeem Lawal     Bilikis Oladimeji     Samuel Elizabeth Keatswa     NFAI     Unilorin     Abdullahi AbdulMajeed     Nigerian Medical Association     Kawu Baraje     Sulyman Buhari     Babajide Ajayi     Kayode Bankole     Offorjama     Haruna Tambiri Mohammed     Bola Olukoju     Minister     COVID-19 Palliatives     Yakubu Gobir     Madawaki Of Ilorin     Chief Imam Of Lafiagi     Oke-Odo     Tunji Olawuyi     Abdulrasheed Akogun     Igbaja     Arinola Lawal     Harafat E. Mukadam     Junior Secondary School Certificate Examinations     Akanbi-Oke     Yahaya Abdulkareem Babaita     Toyin Olayinka Tejidini     Lai Mohammed     Rafiu Olasile     Omu-aran     NITDA