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.

Joseph Bamigboye     Abdulmumini Jawondo     Nigerian Medical Association     Kayode Ogunlowo     Damilola Yusuf Adelodun     Oba David Oyerinola Adedunmoye     Olofa Of Offa     Offa Descendants Union     Funmilayo Oniwa     Taofeek Ibraheem     Laduba     Tricycle Owners Association Of Nigeria     Wahab Olasupo Egbewole     Abubakar Suleiman     BIR     Idris Garuba     Adamu Ibrahim Sabi     Ahmed Idris Mohammed     Olatunji Ayeni     Suleiman Mora Omar     Baakini     Saka Keji     Ahmad Uthman     Wale Oladepo     Mohammed Danjuma     Ezekiel Yissa Benjamin     Saadatu Modibbo-Kawu     Aliyu Muyideen     Agbarigidoma     Abdulwaheed Musa     Isapa     ER-KANG Mining     Bamikole Omishore     Osuwa     Millennium Development Goals     Okin Biscuit     Turaki Of Ilorin     Okoolowo     Aminu Adisa Logun     Alikinla     Mohammed Haruna     Salihu Jibril Garbi     Park     Ilorin Likeminds Foundation     Aisha Abodunrin Ibrahim     Abiodun Abdulkareem     Ibrahim Abdullahi     Ministry Of Women Affairs And Social Development     Elerin Of Adanla Irese     Hassan A. Saliu     Mohammed Kamaludeen     Kunle Suleiman     Wahab Kunle Shittu     Toyin Sanusi     John Kehinde Salako     Special Adviser On Digital Innovation     Habeeb Abdullahi Al-Ilory     Alfa Modibbo Belgore     Borgu     AGF Abdulrazaq     AIT Ilorin     Hameed Oladipupo Ali     Principal Private Secretary     Special Agro-industrial Processing Zone     Presidential Election     Henry Makinwa     Kwara 2019     Otoge     Prince Mahe Abdulkadir     Jawondo     Sarah Jubril     Adeola Abraham     Abdullahi G. Mohammad     Ilorin Talaka Parapo (ITP)     Federal Allocation     Elesie Of Esie     Owu Fall    

Cloud Tag: What's trending

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

Balogun Fulani     Abdulrazak Shehu Akorede     Ilorin South     Dele Momodu     Owo Arugbo     Muritala Olarewaju     Moshood Mustapha     Kuliyan Geri     Y.A. Abdulkareem     Bolaji Abdullahi     Aminu Ado Bayero     Emmanuel Olatunji Adesoye     Damilola Yusuf Adelodun     Madawaki Of Ilorin     Neuropsychiatric Hospital     Jani Ibrahim     Nigeria Computer Society     Aliyu Muhammad Saifudeen     Umar Bayo Abdulwahab     Sabi     Shoprite     Adegoke Bamidele     Patigi Regatta     Adedeji Onimago     Kwara State Branch Of The National Library     Ishaq Salman     Tayo Awodiji     Atiku Abubakar     Sulyman Buhari     Idris Amosa Oladipo Saidu     Muhammad Yahya     Abdulrazaq Aiyelabegan     Ayinde Oki     Taibat Ayinke Ahmed     Christian Association Of Nigeria     Isiaka Yusuf     Gbugbu International Market     Sanitation Exercise     Saad Belgore     Ilorin West     Ibrahim Taiwo Road     Yoonus Lawal     Omar Bolaji Gambari     Seed Technologies     Kayode Ibrahim     Olomu     Arinola Fatimoh Lawal     Dasuki Belgore     Yusuf Lawal     Senate President     Lanre Jimoh     Saeedat Aliyu     Mubarak Oladosu     Reuben Paraje     Salami Adekunle     Kale Belgore     Fulani     Abdulrahman Iliasu     Omotoso     Mahe Abdulkadir     Sherif Sagaya     Tricycle Owners Association Of Nigeria     Elections     Ibrahim Kayode Adeyemi     Shade Omoniyi     Bureau Of Lands     Yusuf Badmus     Agboola Abdulraheem     Monthly Sanitation     Abdulkadir Bolakale Sakariyah     Unilorin     Isiaka AbdulRazaq     Jimoh Lambe Abdulkareem     Quareeb Islamic Association     Freshvine Nigeria Limited     Lucky Omoluwa     Ekiti