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.

Reuben Paraje     Jani Ibrahim     Ahmed Ayinla Jimoh     JMK Construction Company Limited     International Public Sector Accounting Standards     Tunji Folami     Hamidat Sulyman-Yusuf     March 28     Bolaji Abdullahi     Ahmed Alhasssan     Fatai Adeniyi Garba     Ilesha-Gwanara     Danhawa     Alaro     Tunde Oyawoye     Shuaibu Yaman Abdullahi     Bola Ahmed Tinubu     Akanbi-Oke     Undergraduate Bursary     Mukhtar Shagaya     Arca Santa     Okala Baba     KWSIEC     Trader Moni     Kale Bayero     Oke-Ogun     Siddiq Adebayo Idowu Salawu     Isiaq Khadeejah     HYPPADEC     Oyun     Christopher Ayeni     Iqra Books     QuickWin     Bahago     Kwara Liberation Group     Akorede     Alliance For Democracy     UNIFEMGA     Public Holiday     Ilorin Amusement Park     Taofik Abdulkareem Babaita     Adisa Logun     Age AbdulKareem     JUSUN     Saheed Akinwumi     KWASIEC     Afusat Nike Ibrahim     Sadiq Umar     Hassan Oyeleke     Saidu Isa     Pakata     Offa Poly     Mohammed Ajia Ibrahim     Tsaragi-Share     Aremu Odolaye     Jebba     Olomu Of Omu-Aran     CCEPE     Aso-ofi     Anilelerin     Adijat Adebiyi     Oyin-Zubair     John Olajide Adedipe     Emir Of Lafiagi     KWATMA     VADA     Diagnostic Centre     Islamic Development Bank     Shola Odetundun     Umar Sanda Yusuf     Olusegun Adeniyi     Sheriff Olanrewaju     Pacify Labs     Saliu Shola Taofeek     Isiaka Abdulrazak     Florence Saraki     Ilorin Innovation Hub    

Cloud Tag: What's trending

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

Amoyo     Principal Private Secretary     Bamidele Adegoke Oladimeji     Farouk Salim     Isiaka Yusuf     Lawal Olohungbebe     Gbenga Awoyale     Eleyele     Fatai Garuba Labaka     Bola Shagaya     Abubakar Baba Sulaiman     KWAFFA     Ramadan     Idowu Aremu     NIPR     Hamid Bobboyi     Kunle Akogun     Yusuf Babatunde Abdulwahab     Bayo Onimago     Gobir Organization Foundation     Amada Jidda     Solomon Edojah     Ibrahim Abdulqadir Abikan     Oyeyemi Olasumbo Florence     Oni Adebayo     Kwara Volleyball Association     Amina Susa\'a De Ahmed     Abdulkadir Orire     Gurei     George Innih     Ilorin Emirate Stakeholders Forum     Lawyers Unite Against Corruption     Dauda Adeniran Adeshola     Quareeb Islamic Association     Police Commissioner     Salihu S. Yaru     Shero     Segun Abifarin     Gobirawa     Lukman Oyebanji Fagbemi     Kwara Poly     Wahab Olasupo Egbewole     Mohammed Khadijat Kubura     Bolaji Abdullahi     Mahmud Babatunde Baker     Olofa Of Offa     KW-GIS     Amosa     Ebun-Olu Adegboruwa     Sanitation Exercise     Simeon Sayomi     Aliyu Muhammad Saifudeen     Ahmed Saidu Rufai     Mutawali     Kayode Ibrahim     Mahe Abdulkadir     Abdulquowiyu Olododo     Vasolar-Kwara Company Ltd     Kayode Oyin Zubair     Akorede     Ibrahim Mashood     Shettima     Col. Adedipe     Yusuf Aiyedun     Nurudeen Mohammed     Maryam Nurudeen     Samuel Elizabeth Keatswa     Dan Iya     MATTA Girls Foundation     IHS Towers     Maimunat Oniyangi     Onilupeju Of Ilupeju     Elesie Of Esie     Radio SBS     Tunde Yusuf     Ilorin Amusement Park     Jani Ibrahim