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.

Ibrahim Sulu Gambari     Gwanara     Ojuekun Sarumi     Atunwa     Oju Ekun Sarumi     Yusuf Abdulraheem     Maimunat Oloriegbe     National Information Technology Development Agency     Fareedah Dankaka     Oladimeji Thompson     GANZY     Baba Issa Awoye     Jide Oyinloye     Muhammad Ghali Alaaya     Dairo Kunle Paul     Abdulsalam Firdaous Amosa     Abubakar Usman Jos     Raheem Adaramaja     Kayode Alabi     Apaola     Asa     Kolawole Bashirat     Moses Afolayan     Adamu Atta     Sai Kayi     Democracy Day     Amuda Aluko     David Oyerinola Adedunmoye     Saliu Mustapha     Garba Ayodele Wahab     Olabode George Towoju     Ajayi Okasanmi     Tunde Idiagbon Road     Eruku     Kishira     Abdulrasheed Lafia     Tanke Flyover Bridge     Ayedun     RTEAN     Abdulazeez Arowona     First Lady     Ile Arugbo     Col. Taiwo     Omotoso     Olokoba Abdullahi Ayinla     Sidikat Alaya     Bankole Omishore     Ilorin Central Mosque     Kwara State Coalition Of Business And Professional Associations     Kunle Suleiman     Lanre Jimoh     Esinrogunjo     Naira Redesign     Ibrahim Abikan     Kanu Agabi     Abatemi-Usman     Bond     Nigerian Correctional Service     Peter Amogbonjaye     Albert Ogunsola     Abdullahi Saadudeen Alikinla     Chikanda     Abdulrauf Yusuf     International Aviation College     Babajide Ajayi     UNILORIN Alumni     A.E. Afolabi     Yusuf Lanre Badmus     Isiaka Alikinla     Special Agro-industrial Processing Zone     Isiaka AbdulRazaq     COVID     Taofeek Sanusi     Hamidat Sulyman-Yusuf     Taofeek Ibraheem     Bolaji Abdullahi     Abdulrazaq Adebayo    

Cloud Tag: What's trending

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

Ilesha-Baruba-Gwanara     Dagbalodo     Orisa Bridge     Sa\'adu Salahu     Dunmade     Asa     Balogun Ajikobi     Senate Presidency     Tafida Of Kaiama     Toyin Olayinka Tejidini     David Oyedepo     Sambo Murtala     Medview Airlines     Mamman Saba Jibril     AGF Abdulrazaq     Ghali Muhammed     International Public Sector Accounting Standards     Abdulrahman Abdulrasaq     Yusuf Abubakar     Gwanara     NFAI     Usman Yunusa     General Hospital, Offa     Victor Gbenga Yusuf     Olatunji Ibrahim     Lanre Aremu     Prince Mahe Abdulkadir     Forgo Battery     Ayodele Olaosebikan     Olatunde Olukoya     Kayode Ishola     Abdulkareem Alabi     Abdulazeez Uthman     Apata Ajele Secondary School     Falokun-Oja     Post Utme     Apaola     Atiku Abubakar     Ajasse-Ipo     Okasanmi Ajayi     Islamiya Abdulraheem     Afusat Nike Ibrahim     Omotosho     Sarah Alade     Hamid Bobboyi     Ajeigbe     Kamaldeen Gambari     Iyabo Adisa Ibiyeye     SWAN     Magaji Nda     Sa\'adatu Modibbo-Kawu     Ebola     Medinat Folorunsho Salman     Busari Alabi Alausa     Tricycle Owners Association Of Nigeria     Gbenga Awoyale     Centre For Digital Economy     Abubakar Lah     Gbemisola Saraki     Ajase-Ipo     Yahaya Jibril Usman     Yusuf Lawal     Offa Poly     Hauwa Nuru     Iyeru Grammar School     Agor Market     Tunde Oyawoye     Hakeem Idris     Ishola Moses Abiodun     AbdulRazaq Abubakar Jiddah     Taofeek Sanusi     Societe Generale Bank Of Nigeria     Benin Republic     Ajibike Katibi     Hijab     Ahmed Shuaib Buranga     Abdullahi AbdulMajeed