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.

Mubarak Oladosu     Ishola Moses Abiodun     Aliyu Kora Sabi     Mutawalle     Michael Ologundea     Oke-Ogun     Towobola Abdulrahman Toyin     Florence Saraki     Code Of Conduct     Raliat Islamic Foundation     Idris Garuba     Abdullahi Saadudeen Alikinla     COEASU     Col. Adedipe     Offorjama     Micheal Imoudu     Harafat E. Mukadam     Agbarere     Ishaq Oloyede     Ishak Mohammed Sabi     Federal College Of Education (Special), Afon     Oyedepo     Shaaba Lafiagi     Moses Adekanye     Ojo Isekuse     Olabanji Orilonishe     Oloje     Rihanat Ajia     Muhammad-Mustapha Suleiman     Elelu     Dan Masanin     Fatimat Saliu     Pakata Development Association     Ahmed Idris Mohammed     Afolabi-Oshatimehin Adenike Harriet     Lanre Olosunde     Sobi Specialist Hospital     Apaola     Bello Abubakar     REO CAKES     Bolaji Aladie     Yomi Adeboye     Kumbi Titilope     AGF Abdulrazaq     Henry Olaosebikan     Saraki     Idris Garba     Binta Abubakar Mora     Aliyu Sabi     Abubakar Kawu Baraje     Yusuf Babatunde Abdulwahab     Tinubu     Sun Qing Rong     Busari Alabi Alausa     Ilorin Like-Minds     Lanre Issa-Onilu     Ibrahim Orire     Amuda Bembe     Jamiu Oyawoye     Special Agro-Industrial Hub     Oro Grammar School     Lateef Ademola Olatunji     Maimunat Oloriegbe     Clara Nwachukwu     Kwara 2023     A.E. Afolabi     Kwara State Pension Board     Ilorin East     Quranic Recitation Competition     Gbenga Awoyale     Ijagbo Health Centre     Amuda Musbau     Amule     Ilorin Likeminds Foundation     Eleja     Ajibola Ademola Julius     Sheikh Alimi    

Cloud Tag: What's trending

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

Yinka Aluko     GGDSS Pakata     Abdullahi Imam Abdullahi     Lafia Aliyu Korasabi     Nupe     Jare Olatundun     Stephen Fasakin     Sheikh Ariyibi     Kwara Primary Health Care Development Agency     Ilorin Metro Park     Ebun-Olu Adegboruwa     Bola Sagaya     Suleiman Idris     Olaiya Victor Mobolaji     Taofik Abiodun Ahmed     COVID-19 Palliatives     Ben Duntoye     Ibrahim Agboola Gambari     Oluranti Idowu     NaAllah     Abdulrahman Abdulrasaq     Saliu Mustapha     Aminu Ado Bayero     Modupe Oluwole     Bolakale Saka     Economic And Financial Crimes Commission     Lawal Olohungbebe     Saad Omo Iya     Sadiq Umar     Rafiu Ajakaye     Kayode Yusuf     Nnazua     Abubakar Usman Jos     Abdulwaheed Musa     Mustapha Akanbi     Jimoh Akani     Lawyers Unite Against Corruption     Makama     Ajibike Katibi     Adisa Logun     Logun     Demola Banu     Omu Aran     Abdullahi Saadudeen Alikinla     Mutawali Of Ilorin     Maimunat Oloriegbe     Laolu Saraki     Oyawoye     Amada Jidda     Hajj     General Hospital, Offa     CKNG     Abubakar B.M     Kwara State Government     KWACOBPA     Prince Mahe Abdulkadir     Coalition Of Kwara North Groups     Dankaka     Kabir Shagaya     Gbenga Awoyale     Abdulmutalib Shittu     Lai Gobir     Savannah Centre For Diplomacy, Democracy And Development     Abdulraufu Mustapha     Yoonus Kola Olatinwo     Monthly Sanitation Exercise     Lateef Fagbemi     Yakubu Danladi     Garba Ayodele Wahab     Bello Taoheed Abubakar     All Peoples Party     Joana Nnazua Kolo     Afeyin-Olukuta     Okala Baba     Muhammadu Gobir     Ilesha Gwanara Road     Oke-Ode