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.

Monkey Pox     Shehu Alimi Foundation For Peace And Development     Lola Ashiru     Ayoade Akinnibosun     Lukman Adeloyin     AbdulRahman Saad     Bayer AG     Ojuekun Sarumi     Ladi Hassan     Maryam A. Garuba     Mumini Ishola Hanafi     Computer Based Test     Dunmade     TESCOM 2025     Folaranmi Aro     07039448763     Jumoke Gafar     Kwara-SAPZ Project     Akeem Lawal     Tunde Yusuf     Tsaragi/Share     Rice Farmers Association Of Nigeria     Babatunde Idiagbon     Busari Alabi Alausa     Ahmed Alhasssan     Mahmud Durosinlohun Atiku     Azeez Salawu     Aso-ofi     Mazars Consulting     Jumoke Monsura Gafar     Sebastine Obasi     Ajia-Bako     Olatunji Ibrahim     AGILE Programme     Government House     Senate President     Ishaq Salman     Kupchi Hosea Maxwell     Kayode Ishola     Elewu     Adewuyi Funmilayo     Baba-Isale     Simeon Ajibola     Young Progressives Party     Tayo Alao     Olatunde Jare     Adebara     Abdulmumini Sanni Jawondo     Muhammad Mustapha Suleiman     Sobi FM     Tunde Kazeem     Bashir Badawi     Abdulmumin Yinka Ajia     Salman Alada     Clara Nwachukwu     Albert Ogunsola     Ado Ibrahim     Abdulhakeem Amao     MMWG     Osi     IHS     Roseline Oni Aremu     Barakat Community Secondary School     Olaiya Lawal     NAWOJ     GANZY     Tunde Mukaila Mustapha     Muritala Awodun     Matthew Babaoye     Tunji Ajanaku     Ashiru     Road Transport Employers Association Of Nigeria     Standard Organization Of Nigeria     Alaaya     Funke Adedoyin     Amos Sayo     Adolescent Girls Initiative For Learning And Empowerment    

Cloud Tag: What's trending

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

Saka Keji     Nurudeen Muhammed     Gbemisola Saraki     Otuka     Ogidi-Oloje     Kolawole Akande     Plat Technologies     TESCOM     Abdul Jimoh Mohammed     Abdulkadir Bolakale Sakariyah     Joshua Adeyemi Adimula     Obuh     Abdulkadir Jimoh     Isin     Abdullahi AbdulMajeed     Lukman Oyebanji Fagbemi     Saka Balikis Kehinde     Suleiman Abubakar     Sa\'ad Alanamu     Babs Iwarere     Oke-Ero     MINILS     Vasolar-Kwara Company Ltd     CKNG     Curfew     Muhammed Akanbi     Kola Olota     Victor Gbenga Yusuf     Tanke Road     Kwara 2019     Olabanji Orilonishe     BECE     Omar Bolaji Gambari     Abdulfatah Ahmed     2017 Budget     SDP     Elerin Of Adanla Irese     Abdulwahab Oba     Balikis Jawondo     Tafida Of Ilorin     Adamu Ibrahim Sabi     Gbemi Saraki     Gbenga Adebayo     New Nigeria People’s Party     Lawyers Unite Against Corruption     Mutawali Of Ilorin     Ayobami Akanbi     Yahaya Abdulkareem Babaita     Kayode Bankole     Alliance For Democracy     Michael Imoudu National Institute For Labour Studies     Adegoke Bamidele     Mohammed Yahaya Barki     Oyin-Zubair     Sheikh Ridhwanullah     Abdulrasaq Alaro     Kupchi Hosea Maxwell     Esuwoye     Musbau A. Akanji     Funmilayo Isiaka Oniwa     Opobiyi     David Adesina     Muazam Nayaya     Women Radio     Solomon Edojah     Ekiti     Olatunde Jare     Anilelerin     Reuben Paraje     Countryside Emerging Leaders Fellowship     Oniyangi     Ibrahim Taiwo     Okala Baba     First Lady     Akeem Lawal     Salake     Sola Saraki University