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.

Abdulrasheed Na\'Allah     Olupako Of Share     Adebayo Salami     Ishaq Salman     Bayo Mohammed Onimode     Oba Abdulrahim     RTEAN     Oja-Oba     Eleja Taiwo Banu     Dar-Al-Handasah Consultants     Federal Road Maintenance Agency     Ibrahim Mashood     Balogun Ajikobi     Olatunji Ayeni     Kwabes     Rasaq Jimoh     Wahab Agbaje     KwaraLearn     Kwara Primary Health Care Development Agency     National Information Technology Development Agency     Taofeeq Olateju     Post Utme     Yahaya Seriki     Abdulbaqi Jimoh     Ganmo Power Sub-Station     Oke-Odo     Olajumoke Monsura Gafar     Facemasks     Isiaka Yusuf     Col. Ibrahim Taiwo     Hamza Usman     Rachael Obisesan     College Of Arabic And Islamic Legal Studies     Taibat Ayinke Ahmed     07039448763     Sanusi Abubakar     Dorcas Afeniforo     Sabi     Kwara State Television     Centre For Peace And Strategic Studies     Oba Mogaji Abdulkadir     Niyi Osundare     Olabode George Towoju     Ridhwanullah Al-Ilory     Mamatu Abdullahi     Atiku     Nigerian Supreme Council For Islamic Affairs     Aisha Buhari     Abdulsalam A. Yusuf     Emmanuel Bello     Olanrewju Okanlawon Musa     Toyin Abdullahi     Kazeem Adekanye     Sarafadeen Kayode Akorede     Saka Keji     Muhammad Yahya     Kwara State Television (KWTV)     Aliyu Muyideen     Haliru Yahaya     Makama Of Ilorin     AbdulRauf Keji     Islamic Development Bank     Ahmed Alhasssan     Ilesha-Gwanara     Funmilayo Oniwa     Bond     Abikan     Abdulrahman Abdulrasaq     Oko Erin     SWAN     Mohammed Halidu     Adisa Logun     Moses Salami     Dele Belgore     KWASAA     Wole Oke     Plat Technologies    

Cloud Tag: What's trending

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

Yekini Adio     Opobiyi     Christian Association Of Nigeria     Seun Bolaji     Abdulrazaq Adebayo     Owode Market     Ibraheem Abdullateef     Mashood Abdulrafiu Agboola     Abdulwasiu Bolaji Adeyi     Bashir Adigun     TESCOM     Haruna Olawale Sulaiman     Fulani     Baboko Primary School     Olanrewju Okanlawon Musa     Ibrahim Agboola Gambari     Olufolake Abdulrazaq     07039448763     Kehinde Baale     Shoprite     Mahfouz Adedimeji     Olokoba Abdullahi Ayinla     Amosa     Basic Education Certificate Examination     Quareeb     Yusuf Ibitokun Sherifat     Chartered Institute Of Personnel Management Of Nigeria     Adamu Attah     Abdulkareem Alabi     Saka Onimago     Abdulrazaq Solihudeen     Temi Kolawole     Salihu S. Yaru     Dumagi     Abdul-Rahoof Bello     Mustapha AbdulGaniyu     Shettima     Kwara Muslim Pilgrims Welfare Board     Ayodele Shittu     Oke-opin     Metro Park     JSSCE     Kwara State Governor     Lanre Aremu     SSA Youth     Odolaye Aremu     Ado Bayero     Binta Sulyman     Offa Poly     Simeon Ajibola     Doyin Agbamu     Face Masks     Forgo Battery     M.Y. Abdulrahaman     Alabi Lawal     Mukhtar Shagaya     Bond     Gbugbu     Mansur Alfanla     Kwara State Pension Board     Salami Adekunle     Kwara Poly     Ayedun     Adekunle David Dunmade     Yusuf Mubarak     Ahmad Olanrewaju Belgore     Rihanat Ajia     3MTT     KWIRS     Toyosi Thomas     Kwara State Sports Commission     Adama Isa     Omu-aran     Osuwa     CCB     Ademola Kiyesola     Rachael Obisesan