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.

Kamaldeen Gambari     Oke-Ogun     Jimoh Olusola Imam     Adamu Ibrahim Sabi     EndSARS     Mary Arinde     KSIRS     HAMFAT Clinic And Maternity     Lateef Ademola Olatunji     Vishvas KOZ Tractors     Aishat Sulu-Gambari     Abdulrazaq Solihudeen     John Obuh     Elese Of Igbaja     Ilorin South     Oluwarotimi Boluwatife Adenike     Medinat Folorunsho Salman     Shehu Jimoh     Kwara Coalition Of Business And Professional Associations     Emir Of Yashikira     IHS Towers     Kwara     Micheal Imodu-Ganmo Road     Suleiman Ajadi     Rafiu Ajakaye     Kamaldeen Ajibade     Old Oyo     Roheemat Hammed     PAACO-PCL Consortium     Moshood Mustapha     Vasolar Consultoria     Shonga Farm Project     Ayeyemi Sulaiman     REO CAKES     Centre For Digital Economy     Ahmad Ali     Wahab Femi Agbaje     Adamu Atta     Just Law Forum     Hussein Olokooba     Ilorin.Info     NIPOGA     Lai Gobir     Barakat Community Secondary School     Bolaji Abdullahi     All Confederation Of Principals Of Secondary Schools     Ella Supreme Tissue Paper     Saka Isau     Oniwa     Abdulsalam A. Yusuf     Abdullahi Imam Abdullahi     Umar Ahmed Gunu     Suleiman Idris     Ayinde Oyepitan     Niyi Ogundiran     ASMAU PLAZA     Jaigbade Alao     Yekini Adio     Yahaya Abdulkareem     Baba-Isale     Muhammed Akanbi     Olam Food Ingredients     Salman Jawondo     Mansurat Amuda-Kannike     Lanwa     Ministry Of Women Affairs And Social Development     General Hospital, Ilorin     Rebecca Olanrewaju     Khadijat Ayoola Yusuf     Olaosebikan     Abdulwahab Olarewaju Issa     Mohammed Alabi Lawal     Ilorin East     Katibi Ibraheem Adeola     Bolaji Aladie     Henry Olaosebikan     Societe Generale Bank Of Nigeria    

Cloud Tag: What's trending

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

Ilesha-Gwanara     SSA Youth Engagement     Fatimah Abdulkadir     Ita-Nmo Market     Isaac Gbenle     Afin Descendants Union Of Odo-Owa     Joseph Bamigboye     Towoju     Taiwo Joseph     Kale Ayo     Ilorin Curfew     Okanlawon Taiwo     Salami Adekunle     Imodoye Writer’s Enclave     David Oyerinola Adedunmoye     Mumeen Lah     Abubakar Baba     Ashiru     Omar Bolaji Gambari     Abdulfatai Salman Baakini     Kunbi Titiloye     Kola Shittu     IDPU     Musibau Akanji     SDP     Idi-Ape     Aliyu Kora Sabi     Ileloke     Mohammed Haruna     Olatunji Abdulmumeen     Abatemi-Usman     Ekweremadu     Sulyman Abdulkareem     Majlis For Sadakah, Zakat And Waqf     Shururat Olatinwo     Idowu Aremu     Agbarere     Awwal Jawondo     Kwara Central     Mary Kemi Adeosun     S.O. Opowoye     Musa Abdullahi     Nigeria Governors\' Forum     NNPP     Obuh     Timothy Olatunde Fadipe     Chartered Institute Of Personnel Management Of Nigeria     Bursary     Alfa Modibo Belgore     Sulaiman Gado     Cornelius Adebayo     Bank Of Industry     SSA Youth     Ahman Pategi University     Abubakar Baba Sulaiman     Raimi Iyanda     SARS     Isiaka Saka Opobiyi     Kwara State Coalition Of Business And Professional Associations     Iyabo Adewuyi     Ronke Adeyemi     AbdulRazaq AbduMajeed Alaro     Aishat Sulu-Gambari     Code Of Conduct     Joseph Offorjama     Charles Ibitoye     Federal College Of Education (Special), Afon     T And K FOODS     Awoye     Aiyedun     Ilorin Descendants Progressive Union     Olokoba Abdullahi Ayinla     Okin Biscuits     Ibrahim Agboola Gambari     Kemi Adeosun     Onilu     Victor Gbenga Yusuf