Kwara supports entrepreneurs with N2bn

Date: 2017-08-27

The Kwara State Government has injected about N2.2 billion to support entrepreneurs including Artisans through various credit schemes.

It allocated N500 million in this year's budget for the same purpose. The state has also put in place strategies to ensure the growth of Small and Medium enterprises.

Governor Abdulfatah Ahmed stated this in Ilorin while inaugurating the Executives of the State Artisans Congress.

Governor Ahmed explained that the informal sector has been ?accepted globally as a crucial generator of income, goods and services and employment hence the attention given to the sector.

"One hundred million Naira revolving loan was distributed to Artisan groups across the 16 Local Government Areas and about 150 taxis, 25 buses and 193 motorcycles were distributed to 53 associations under the State Artisan Congress," the Governor explained.

Tax relief regime

Governor Ahmed said that the State government would start a five-year tax relief regime for new small business owners to promote economic growth and ensure the development of the State.

He reassured the people that government has not introduced new taxes but had succeeded in blocking leakages in the collection of revenue through the State Internal Revenue Service thereby increasing the Internally Generated Revenue.

The Governor stressed that the state's International Vocational Technical and Entrepreneurship College was aimed at empowering youths with modern vocational skills and create next generation of Nigerians entrepreneurs.

Governor Ahmed told the Artisan Congress in Kwara to position the body as an important player in economic growth for the benefits of its members.

Governor Ahmed was represented by his Deputy, Peter Kisira.

?The Senate President, Dr Bukola Saraki commended members of the Congress for their support and prayer towards the upliftment of the State.

Dr Saraki pledged to assist members of the Congress to expand their businesses. One of his aides, Alli Olola was represented him.

The Senior Special Assistant to the Governor on Artisan Related Matters, Mr Oyedele Adetula said government had created enabling environment for Artisans to strive despite recession and other economic challenges.

The Immediate Past President of the Congress, Abdullahi Lanky commended Governor Ahmed for his support to the Congress.

?The Chairman of the State Labour Congress, Comrade Yekini Agunbiade and his Trade Union Congress counterpart, Comrade Sunday Alabi called on members of the Congress to work with the government in the development of the State.

?The new President of the Congress, Saad Alawaiye pledged to work for the upliftment of members' welfare.

Source

 

Cloud Tag: What's trending

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

Forgo Battery Company Limited     Olatinwo     Kolawole Akande     Amoyo     Oke-Ode     Presidential Election     SUBEB     PAACO-PCL Consortium     Suleiman Alege Kuranga     Usman Rifun     UNILORIN Alumni     Code Of Conduct     Okeose Christian Cementary     Seed Technologies     Lukman Adeloyin     Tsaragi-Share     Kwara State Football Association     Oyawoye     Bibire Ajape     Isiaka Danmeromu     Babaloja-General     Hamid Bobboyi     Abdulkadri Ahmad Alaiye     Rafiu Ibrahim     Taofik Mustapha     Alanamu     Umar Saro     BECE     Abdulrosheed Okiki     SGBN     UITH     Mamman Saba Jibril     Ahmed     Sherif Sagaya     Lawal Olohungbebe     Suleiman Ajadi     IESA     NFAI     Suraj Tunji Oyewale     Shehu Alimi Foundation For Peace And Development     Akume     Atiku Abubakar     Kola Shittu     Chartered Institute Of Personnel Management Of Nigeria     Aminat Ahmed     Lola Ashiru     Habeeb Abdullahi Al-Ilory     Sulu Babaita Isiaka     Salihu Ajia     Shuaibu Yaman Abdullahi     Moses Afolayan     Abdulkadir Bolakale Sakariyah     Saliu Tunde Bello     Ayinde Oki     Lateef Ademola Olatunji     Dorcas Afeniforo     KWTV     Ayinde Oyepitan     Gbenga Awoyale     Tunji Ajanaku     Sam Okaula     Mumeen Lah     Ladi Hassan     Maigida     Ojuekun Sarumi     Muslim Media Watch Group Of Nigeria     Simeon Sayomi     Ilorin Emirate Stakeholders Forum     ANCOPPS     Kupchi Hosea Maxwell     Temitope Ogunbanke     Arik     Federal Allocation     Abdul-Rasheed Na\'Allah     Just Law Forum     Magaji Are     Air Peace    

Cloud Tag: What's trending

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

Bisi Oyeleke     Alfa Belgore     Gamji Members Association     Ogidi-Oloje     Erin-ile     Kwara South     Lithium Deposit     Kwara State Television (KWTV)     Amusa Bello     UNILORIN Alumni Association     Nagode     Federal Polytechnic Offa     Ilorin South     Babs Iwarere     Toyin Abdullahi     Minister     Erubu Oba Zubair     Saliu Shola Taofeek     Asiwaju Bola Tinubu     IsDB     Quareeb Islamic Association     Ahman Pategi University     Idris Garuba     Haliru Dantoro     Salaudeen Oyewale     Mumini Ishola Hanafi     Mustapha Olanipekun     Jimoh Akani     The Herald     Eleja     Olupako     Femtech     Lotus Bank     Abubakar Ndakene     ER-KANG     Bola Tinubu     College Of Education     Sola Saraki University     Voices Of Tomorrow     Rasheed Jimoh     Saidu Isa     Prince Bola Ajibola     Kishira     Unilorin     Mahmud Durosinlohun Atiku     Press Release     Ajase-Ipo     Umar Ahmed Gunu     Jimba Babatunde     Abdulrazaq Aiyelabegan     Aishat Sulu-Gambari     Jawondo     Rueben Parejo     Olam Food Ingredients     Olatunde Jare     SSA Youth     Tsaragi-Share     AbdulRasaq Abdulmajeed Alaro     Lai Gobir     Ali Ahmad     Millennium Development Goals     Royal FM     Kayode Issa     Sidikat Akaje     Vasolar Consortium     Olofa Of Offa     Abubakar Baba Sulaiman     Convocation Ceremonies     Plat Technologies Limited     Isau     Modibo Kawu     Sabi     Abiodun Jacob Ajiboye     Memunat Monsuma     Ayodele Kuburat Olaosebikan     Clara Nwachukwu     Akanji