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.

Rotimi Atere     Oke Sunna     Doyin Group     ENetSuD     Olawuyi     Alikinla     Kwara Central     Abdulkadir Jimoh     Olatunde Jare     Tafida Of Kaiama     Hassanat Bello     Abdulmajeed Wahab     April 11     Eghe Igbinehin     Junior Secondary School Certificate Examinations     Oko Erin     Muftau Akanbi Oke     Sidikat Akaje     All Confederation Of Principals Of Secondary Schools     Ibraheem Adeola Katibi     Kayode Zubair     Bond     Yusuf Abdulwahab     Yusuf Abdulkadir     Gobirawa     Temi Kolawole     Shehu Alimi Foundation For Peace And Development     Marafan Shonga     Jimoh Lambe Abdulkareem     BECE     Towoju     Bola Iyabo Ibiyeye Adisa     NIPOGA     Yusuf Lanre Badmus     Hijaab     Obasanjo     Abdulhakeem Amao     Adanla-Irese     Abdullahi G. Mohammad     Kwara State Fish Farmers Association     Oniye     Alagbado     Just Law Forum     Crystal Corner Shops     Ilorin Metro Park     Emir Of Shonga     CUTI     Public Holiday     Abiodun Abdulkareem     Mohammed Lawal     Yetunde Balogun     Aliyu U. Tilde     Muhammadu Gobir     Kwara State Pension Board     Pacify Labs     Ajike People Support Centre     Ilesha-Gwanara     Danhawa     Ishola Balogun Fulani     KW-GIS     Amuda Aluko     SWAN     Agbarere     Funmilayo Oniwa     Chief Imam Of Lafiagi     Alaaya     AGF Abdulrazaq     Lucky Omoluwa     Yusuf Amuda Abubakar     Labaeka     Mohammed Danjuma     Sulyman Atolagbe Alege     Folashade Omoniyi     Curfew     Oasis Muslim Care Foundation     Rapheal Ashaolu     Alimi    

Cloud Tag: What's trending

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

Bukola Ajikobi     Abubakar Suleiman     Solomon Edoja     Abatemi-Usman     Mohammed Halidu     Oyelere Oyinloye     Tope Daramola     Bibire Ajape     Abdulwahab Olarewaju Issa     Oba Abdulraheem     Roheemat Hammed     Kudirat Arinola Lawal     Funmilayo Zubair     Okin Biscuit     Ibrahim Akaje     Javed Khan     Yakubu Danladi     Offa Grammer School     Salau Kabiru Abdullahi     Saheed Alakoso     Yusuf AbdulRasheed     Rasaq Jimoh     Atiku     Durbar     Magaji Nda     KSIRS     Sheikh Ridhwanullah El-ilory     Kwara State Printing And Publishing Corporation     Segun Olawoyin     Yetunde Balogun     Sidikat Akaje     Mohammed Tunde-Jimoh     Lafia Aliyu Korasabi     JMK Construction Company Limited     Rafiu Ajakaye     Ohoro Of Shao     Shonga     Khairat Gwadabe     Amos Bajeh     BECE     Kunle Akogun     Ahmad Belgore     Igbomina     Gbenga Olawepo     Paul Odama     Ibrahim Oloriegbe     Ita-Ore     Emir Of Kano     Amoyo     TIC     Olomu Of Omu-Aran     Tanke     Salman Jawondo     Taofeeq Olateju     Ekweremadu     Minister     Emir Of Yashikira     AGF Abdulrazaq     Sam Onile     Muftau Akanbi Oke     CCB     Saliu Oluwole     Bature Bello     Wasiu Onidugbe     Ubandoma Of Ilorin     Simon Sayomi     Salihu Jibril Garbi     Gbemisola Saraki     Olatinwo     United Nigeria Congress Party     Hikmah AbdulKareem     Saliu Alamoyo     Rashidi Yekini     Ajidagba     Rueben Parejo     Alfa Yahaya Road     Wahab Abayawo