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.

Adegoke Bamidele     Nigeria Association Of Women Journalists     08001000100     Ella Supreme Tissue Paper     Peter Amogbonjaye     Ashiru     Alliance For Democracy     Michael Nzwekwe     Ganmo Power Sub-Station     Sobi FM     Aishatu Ahmed Gobir     Hamidat Sulyman-Yusuf     Kwara TV     Ahmed Bayero     Alfa Modibbo Belgore     Abubakar B.M     Sadiq Umar     NULGE     Offa Metropolitan Club     Rihanat Ajia     Yahaya Abdulkareem     Wole Oke     Akanji     Ishola Moses Abiodun     Isiaka Alikinla     Amuda Bembe     Yusuf Lanre Badmus     Fatai Adeniyi Garba     Okin Group     Raliat Islamic Foundation     Al-Hikmah Radio     Saka Abimbola Isau     Ilesha Gwanara Road     Yahaya Oloriegbe     Elese Of Igbaja     Mufutau Gbadamosi Esuwoye     Aro Yahaya     Toyin Falola     Ahman Patigi     Rebecca Bake     Kwara State Pension Board     Ophthalmological Society Of Nigeria     Mansur Alfanla     Gbadeyan Gbadura Yomi     Yoruba     IQRA College     Salman Suleiman     Abdullahi Atanda     Abdulrazaq Sanni     Gbemi Saraki     Olayinka Oladapo Jogunola     Segun Adeniyi     Rafiu Ajakaye     Kwara South     Amusa Bello     2023 Elections     Yusuf Abdulraheem     Katibi Ibraheem Adeola     Sanitation Exercise     Tunji Oyawoye     Adama Isa     Sheikh Alimi     Ibrahim Abdullahi     Erubu     Afonja Descendants Union     Ajuloopin     Alaiye     Michael Imoudu National Institute For Labour Studies     Monkey Pox     Eleja Taiwo Banu     The Herald     Lanwa     Osinbajo     Musa Aibinu     Lawal Jimoh     Odolaye Aremu     Okanlawon Musa    

Cloud Tag: What's trending

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

George Funsho Adebayo     Ebola     Salman Suleiman     Eleja Taiwo Banu     Gaa Olobi     Sola Saraki Educational Foundation     Ilorin Metro Park     Oloriegbe     Saidu Kawu     Adegoke Bamidele     Olaiya Lawal     Ilorin Anchor Men And Women     Osinbajo     David Oyepinola Adedumoye     Centre For Digital Economy     Wole Oke     Usman Yunusa     Oluwole Dupe     Sheikh Ridhwanullah     2017 Budget     Mohammed Abdulahi     Yakubu Gobir     Musa Aibinu     SSUCOEN     Twitter     Ibrahim Abdulqadir Abikan     Afonja     Kola Adesina     Kudirat Arinola Lawal     Abiodun Jacob Ajiboye     Adanla-Irese     Emir Of Yashikira     Lanre Badmus     Joseph Alex Offorjama     Alfa Modibbo Belgore     Kazeem Adekanye     Hajj     Muhammad Sirajo Aliyu     Abiodun Oyedepo     Salaudeen Oyewale     Eghe Igbinehin     Yemi Sanni     Adeleke Ogungbe     CCT     Rabiu Kwankwaso     Saadu Alanamu     Col. Taiwo     Omupo     KWTV     Adedeji Onimago     Abdulquawiy Olododo     Simeon Sule Ajibola     Dumagi     Amos Sayo     International Public Sector Accounting Standards     Aro Yahaya     Arinola Lawal     Raliat Islamic Foundation     Rex Olawoye     Afusat Nike Ibrahim     Kulende-UITH     Busari Toyin Isiaka     Abdulwahab Ololele     Joshua Adeyemi Adimula     Aiyedun     Assayomo     Obayomi Azeez     Ayo Opadokun     UITH     Aisha Gobir     Aliyu Salihu     Eruku     Muhammadu Buhari     Hussein Oloyede     Tafida Of Ilorin     Mohammed Lawal     Muslim Stakeholders Of Kwara State