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.

Special Adviser On Digital Innovation     Aisha Ahman Pategi     Abdullahi Samari     Atiku Abubakar     Oke-Ode     Babatunde Ishola Babaita     Olosi Of Osi     Abdulrahman Abdulrazaq     Alanamu     Ahmad Uthman     Frootify     Abdulkadir Bolakale Sakariyah     Alaiye     Coronavirus     Abdulquawiy Olododo     Busari Toyin Isiaka     Okeose Christian Cementary     Taofeek Sanusi     A.O. Belgore     Code Of Conduct Tribunal     Ibrahim Oloriegbe     Dasuki Belgore     Muftau Akanbi Oke     Kupchi Hosea Maxwell     Bukola Saraki     Saudat Abdulbaqi     Shonga Farm Project     Lukman Adeloyin     Nigeria Governors\' Forum     Student Learning Support Helpline     ASUU     LEAH Charity Foundation     Oloyede     School Of Nursing     Baakini     Akume     Curfew     Shade Omoniyi     Federal Neuro-Psychiatric Hospital     Jaigbade Alao     Aliyu U. Tilde     Lawal Jimoh     Olayinka Oladapo Jogunola     Ahmad Olanrewaju Belgore     Shuaib Olarongbe     Yusuf Babatunde Abdulwahab     Barakat Community Secondary School     Olupako     Yekeen Alabi     Salihu Ajibola Ajia     Kwara Metro Park     Ifelodun     National Association Of Nigerian Students     Abdulahi Abubakar Bata     Ojo Fadumila     Aliyu Salihu     Abdulkadri Ahmad Alaiye     National Pilot     Oyin-Zubair     Aliyu Muyideen     KW-GIS     Umar Yakubu Jaja     Adama Isa     Raliat AbdulRazaq     Odolaye Aremu     Dele Belgore     Isiaka AbdulRazaq     Vishvas KOZ Tractors     Abdulrazaq Sanni     Kwasu     Aliyu Muhammad Saifudeen     Bola Olukoju     Abubakar Baba Sulaiman     Kwara Poly     Ezekiel Yissa Benjamin     Muhammad Akande Olarewaju Odunade     PAACO-PCL Consortium    

Cloud Tag: What's trending

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

Osi     Wasiu Odewale     Aasiyat Bello Oyedepo     Post-utme     Okeose Christian Cementary     Oba Of Jebba     Bolakale Saka     Ajeigbe     Olatunde Michaels     Islamiya Abdulraheem     Siddiq Adebayo Idowu Salawu     Ilorin East     Matthew Babaoye     Unilorin FM     Kwara State Internal Revenue Service     Abdullahi Imam Abdullahi     Nigerian Supreme Council For Islamic Affairs     Oko Erin     Arandun     Oluwole Dupe     All Peoples Party     Kunbi Titiloye     PAACO-PCL Consortium     CCEPE     Adisa Logun     Bola Shagaya     Gwanara     Doyin Agbamu     Salman Suleiman     Medview Airlines     Oko-Olowo     Offa Poly     Post Utme     Opobiyi     YAKOOYO     James Ayeni     Adesoye College     Aminat Omodara     Forgo Battery     Kwara Apc     Ahmad Ali     Adaramaja     Moro     NURTW     Yashikira     Adebara     Elese Of Igbaja     Assayomo     Akorede     Sadiq Umar     Mufti Of Ilorin     Mohammed Yisa     Elelu     Salihu Yahaya     Kwara Pdp     Shoprite     Laduba     Khairat Gwadabe     Afusat Nike Ibrahim     UTME     Adamu B. Yaqubu     Makama     07039448763     Kumbi Titilope     Arca Santa     Ishaq Oloyede     Hameed Oladipupo Ali     Olaitan Buraimoh     Okoolowo     Shehu Jimoh     Olomu     Baba Issa Awoye     Salman Alada     Okasanmi Ajayi     Yusuf Olaolu Ali     Mustapha AbdulGaniyu     Ibrahim Abdullahi