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.

Umar Bayo Abdulwahab     Y.A. Abdulkareem     Okin Group     Joshua Adeyemi Adimula     Bureau Of Lands     Aliyu Muhammad Saifudeen     Kulende-UITH     Maja     John Mayokun Dada     Oniyangi     Toyin Saraki     Shettima     Joseph Alex Offorjama     Muazam Nayaya     Oloyede     Mohammed Ajia Ibrahim     Smart School     Yusuf Abdulwahab     Adesoye     T And K FOODS     Galadiman Ngeri     KWASEIC     Baaziki Sulaiman     Kwara NIPR     Abubakar Aliagan     Onilupeju Of Ilupeju     UITH     GANZY     Joseph Yemi Ajayi     Noah Yusuf     Jawondo     Government High School (GHS), Adeta     Olabanji Orilonishe     Moshood Mustapha     Ebola     Abdulahi Abubakar Bata     Amina El-Imam     Damilola Yusuf     Elerinjare-Ibobo     Olatunde Olukoya     Share     Sola Saraki University     Ajase-Ipo     Tunde Yusuf     Tunde Akanbi     AbdulRaheem Ahmad Shayi     Bukola Ajikobi     Kazeem Oladepo     08001000100     Ishola Moses Abiodun     Hajj     Gurei     Rotimi Samuel Olujide     Shuaib Boni Aliyu     Omoniyi Ayinla     Abdulrahman Abdullahi Kayode     Ndama Al-hassan     Offa Descendants Union     Adaramaja     Tinubu Legacy Forum     Raymond Olaitan     Oko-Erin     Binta Sulyman     Binta Abubakar Mora     Basic Education Certificate Examination     General Hospital, Ilorin     Maigida Soludero Transit     Mohammed Lawal Bagega     Lai Mohammed     Joseph Offorjama     Abdulbaqi Jimoh     Chikanda     Abubakar Bature Sulu-Gambari     Siraj Oyewale     Ojo Fadumila     Abdulrazaq Akorede     CACOVID    

Cloud Tag: What's trending

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

Adeola Abraham     Yahaya Oloriegbe     Laboratory-to-Product     Omoniyi M. Ayinla     Mohammed Danjuma     Kwara South     Tinubu     PharmAccess Foundation     Saadu Gbogbo Iwe     Azeez Bello     Olatomiwa Williams     Lai Gobir     Isapa     Olumide Daniel Ibitoye     Kolawole Bashirat     Sobi Specialist Hospital     Mumeen Lah     Afolayan     Firdaos Amasa     Theophilus Oyebiyi     Shaykh Luqman Jimoh     Seun Bolaji     Tsado Manman     LABTOP     Abdulfatai Salman Baakini     Irepodun     Onilorin Of Ilorin     Aisha Buhari     Abdulrahman Iliasu     National Democratic Congress     Zulkifli Ibraheem     Iyeru Grammar School     Offa Metropolitan Club     Sabitiyu Grillo     Gobirawa     Sheikh Ridhwanullah El-ilory     ENetSuD     Saka Saadu     Bamidele Aluko     Is\'haq Modibbo Kawu     Olugbense     Federal Road Maintenance Agency     Risikat Lawal     Islamiya Abdulraheem     Femi Gbajabiamila     JUSUN     Elese Of Igbaja     ER-KANG Mining Nigeria Company Limited     Sarah Jubril     Manzuma     Alanamu     Okiki     Iliasu     Kwara 2023     Hassan Taiye Salam     Haashim Initiative For Community Advancement     Oke-opin     T And K FOODS     Eghe Igbinehin     SGBN     Abdul-Rasheed Na\'Allah     Amuda Bembe     Nurudeen Mohammed     Saliu Alamoyo     Oke-Ero     Oyelere Oyinloye     Shuaib Jawondo     New Naira Notes     Centre For Peace And Strategic Studies     Abdulwasiu Bolaji Adeyi     Dapo Teni Nig Enterprise     Kola Olota     Saheed Popoola     GRA     Code Of Conduct Tribunal     Government High School (GHS), Adeta     Ebun-Olu Adegboruwa