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.

Abdulkadri Ahmad Alaiye     Abdulkadir Jimoh     Kwara Liberation Group     Abdulganiy Abimbola Abdussalam     NULGE     Henry Makinwa     Oluwole Dupe     Kayode Oyin Zubair     Bankole Omishore     Shehu Salau     Alabi Lawal     Bature Bello     Ahmad Olanrewaju Belgore     Kola Bukoye     Ibrahim Abikan     Wahab Femi Agbaje     Isin     Mumini Ishola Hanafi     Maigidasanma     Playing Host     Iponrin     Saka Onimago     HYPPADEC     Yakubu Mohammed Abdullahi     CCT     Ilorin East     Yemi Sanni     Taibat Ayinke Ahmed     Olatunji Bamgbola     Yunus Lawal     Ayegbeni     Folajimi Aleshinloye     Igosun     Gobirawa     Ronke Adeyemi     Osinbajo     Ebun-Olu Adegboruwa     Colleges Of Education Academic Staff Union     Shehu Alimi Foundation     Ilorin Durbar     Valsolar Consortium     Moses Salami     Kale Bayero     Alfa Belgore     Sarafadeen Kayode Akorede     Saeedat Aliyu     Kwabes     Adewuyi Funmilayo     Tosho Yaqub     Issa Manzuma     Olugbense     Binta Abubakar Mora     Agboola Abdulraheem     Raliat AbdulRazaq     Federal Neuro-Psychiatric Hospital     Adesoye     The Herald     Cornelius Adebayo     Damilola Yusuf     SSUCOEN     HAMFAT Clinic And Maternity     Arca Santa     Ilesha Gwanara Road     Senate Presidency     Esinrogunjo     Trader Moni     Gobir     Bashiru Makama     Olofa Of Offa     Okin Biscuits     Alabe     Bolakale Ayo     IYA ALFA NLA     Bolaji Abdullahi     Umar Ahmed Gunu     Isiaka Danmeromu     Omotoso    

Cloud Tag: What's trending

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

Olayinka Are     Lanre Badmus     KWATMA     Kola Ologbondiyan     Muyideen Ajani Bello     Labaeka     Patigi Regatta     Olabode Towoju     Moro     Waheed Ibrahim     Kwara 2019     Onilorin     Aliyu Kora Sabi     Iponrin     Ishola Moses Abiodun     Orire     Emir Of Kano     Mazars Consulting     Kayode Zubair     Ahmed Idris Mohammed     Basit Olatunji     Ajakaye     Students Union Government     Oyun     Abdulrahman Abdullahi Kayode     Ijagbo Health Centre     Yunus Lawal     Oyedepo     Wahab Agbaje     Mufti Of Ilorin     Sulaiman Gado     Umar Sanda Yusuf     Olusegun Adeniyi     Mohammed Yisa     Funmi Salau     Wasiu Onidugbe     Kisira     Yahaya Seriki     Kwara TV     Isaac Aderemi Kolawole     Yahaya Oloriegbe     Coalition Of Kwara North Groups     Y.A. Abdulkareem     Salmon Babatunde Salmon     Hydro-electric Power Producing Areas Development Commission     Abdulquowiyu Olododo     Federal Polytechnic Offa     Sheriff Olanrewaju     IFK     Sheikh Ridhwanullah El-ilory     Simeon Sayomi     Muslim Stakeholders Of Kwara State     Tafida Of Kaiama     Tricycle Owners Association Of Nigeria     Unicontinental Construction Company     Moses Afolayan     Amos Sayo     Salman Suleiman     Halidu Danbaba     Computer Based Test     Jide Ashonibare     Tanke Road     Magaji Are     Mumini Ishola Hanafi     Ilorin West     V.O. Abioye     Abdulrahman Abdulrazak     UTME     Temi Kolawole     Sulu Babaita Isiaka     Monthly Sanitation Exercise     HAMFAT Clinic And Maternity     MATTA Girls Foundation     Olokoba Sulyman     IDPU     Umar Gunu     Olumide Daniel Ibitoye