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.

Yusuf Ali     Oladimeji Thompson     Toyin Falola     Temi Kolawole     Sarkin Malamai     Aminat Omodara     Hijaab     Ajibike Katibi     Babatunde Idiagbon     Saadu Alanamu     Riskat Opakunle     Bukola Ajikobi     Ibrahim Abduquadri Abikan     Sa\'adatu Modibbo-Kawu     Fatai Garuba Labaka     Isiaka Abdulrazak     Modibo Kawu     Aishatu Ahmed Gobir     Mumeen Lah     Olam Food Ingredients     College Of Arabic And Islamic Legal Studies     Stephen Fasakin     Isaac Aderemi Kolawole     CCB     Lanwa     Binta Abubakar-Mora     Oladipo Akanmu Tolani     NTA Ilorin     Jimoh Olusola Imam     Ilorin Emirate     Olota Of Odo-Owa     Lateef Alagbonsi     Mohammed Kamaludeen     Yunus Oniboki     Lateef Fagbemi     Photo News     Abdullahi AbdulMajeed     Theophilus Oyebiyi     Illyasu Abdullahi     Valsolar     Aishat Mohammed Lawal     Kwara     Bashir Adigun     Salihu Ajibola Ajia     Olokoba     Jare Olatundun     Aliyu Adebayo     Muyideen Ajani Bello     Bello Oyedepo     Yoonus Lawal     Rafiu Ibrahim     Cassava Growers\' Association     Mope Dasuki Belgore     Ilorin Muslim Community     Elerin Of Adanla     Nigerian Army     Apata Ajele Secondary School     Mohammed Halidu     Iliasu     Salami Adekunle     Kwasu     SDP     Ministry Of Women Affairs And Social Development     Oke-Kura     Centre For Digital Economy     Muhammad Yahya     Owode Market     Revenue Court     Islamiya Abdulraheem     Oba Abdulraheem     Ibrahim Taiwo Road     11th Galadima     Ilorin Airport     Igbaja     Ishaq Salman     Col. Adedipe     Y.A. Abdulkareem    

Cloud Tag: What's trending

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

Mamman Saba Jibril     Okanlawon Musa     Otunba Taiwo Joseph     Veterinary Teaching Hospital     Dele Belgore     RTEAN     Joana Nnazua Kolo     Taiwo Joseph     Kolawole Bashirat     Mohammed Abduraheem     Durbar     AIT Ilorin     Admiralty Villa     Dan Masanin     Rueben Parejo     Yusuf Lawal     Tsaragi-Share     Abdulrazaq Sanni     Muyideen Ajani Bello     Saad Omo Iya     Elekoyangan     Sarafadeen Kayode Akorede     Valsolar Consortium     Kunle Okeowo     Edret Sabi Abel     Gbemisola Oguntimehin     AbdulHakeem Ajibola Akanbi     Suleiman Rotimi Iliasu     Oke-Odo     Kwara 2015     Bello Oyebanji     Abdulganiyu Oladosu     Yusuf Ali     MMWG     Abdulmumini Sanni Jawondo     Suleiman Idris     Michael Ologundea     Umar Sanda Yusuf     Olusin Of Ijara Isin     Kayode Ogunlowo     Folaranmi Aro     Afeyin-Olukuta     Makama     Bamikole Omishore     Lotus Bank     Rafiu Olasile     Elewu     Budo Egba     Amusa Bello     Ayo Opadokun     Yakubu Gobir     Haashim Initiative For Community Advancement     Adamu Jemilat-Baki     Kwara 2019     Sun Qing Rong     Yusuf Lanre Badmas     Zubair Folorunsho Erubu     March 18     Raliat Elelu-Habeeb     Habeeb Abdullahi Al-Ilory     Okin Malt     Senior Staff Union Of Colleges Of Education     Arandun     Suleiman Yahya Alapansapa     Abdulazeez Uthman     Taofeeq Olateju     Bayer Nigeria Limited     Afetu Of Alabe     Ayinke Saka     Oyelere Oyinloye     Abdulquowiyu Olododo     Tunde Oyawoye     Esinniobiwa Quareeb     Afusat Nike Ibrahim     Sulyman Atolagbe Alege     IPSAS     Oyeyemi Olasumbo Florence