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.

Aso-ofi     Bankole Omishore     Oladipo Akanmu Tolani     Balogun Gambari     Amuda Musbau     Oba-Solagberu     Elerin Of Erin-Ile     Sheikh Ridhwanullah El-ilory     Vasolar Consultoria     C2c@kwarastate.gov.ng     Public Holiday     Logun     Kunle Suleiman     Ganmo Power Sub-Station     Saka Abimbola Isau     11th Galadima     Abdullateef Abdussalam     Centre For Digital Economy     20 Billion Bond     VADA     Azeez Bello     Kayode Ibrahim     IF-K     Federal College Of Education (Special), Afon     Biliaminu Aliu     Tunde Kazeem     Abdulfatai Ahmed     Ayobola Ipinlaiye     Ike Ekweremadu     Aminu Ado Bayero     Ishola Balogun Fulani     Segun Adeniyi     Gbugbu     AbdulRahman Saad     NAWOJ     Basic Education Certificate Examination     Abiodun Jacob Ajiboye     Quran     Aiyedun     Justina Oha     Abdulquawiy Olododo     Presidential Election     Funke Adedoyin     Congress For National Consensus     Code Of Conduct Tribunal     Khadijat Ayoola Yusuf     Amuda Bembe     Hamza Usman     Shuaib Abdulkadir     Volunteers Of Ilorin Community And The Emirate     International Vocational Centre     Mopelola Abdulmaliq-Bashir     Muftau Akanbi Oke     Ajibola Ademola Julius     Ahmad Uthman     Ilorin     Alloy Chukwuemeka     Doyin Awoyale     Omotosho     Abdulrasheed Na\'Allah     Alanamu     Mohammed Danjuma     Muritala Olarewaju     Adamu Attah     FERMA     Tafida Of Ilorin     Binta Sulyman     Bayer Nigeria Limited     Tafida Of Kaiama     Sam Okaula     Bolaji Aladie     AbdulRaheem Ahmad Shayi     Yusuf AbdulRasheed     Tunji Folami     Orisa Bridge     Salau Kabiru Abdullahi     Adekunle David Dunmade    

Cloud Tag: What's trending

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

AbdulHamid Adi     Abdul Jimoh Mohammed     Offorjama     Funmi Salau     Ibikunle Ogunleye     Tayo Awodiji     Kayode Ishola     Ilorin.Info     Halimah Perogi     Oasis Muslim Care Foundation     Gobir     Apaola     Folajimi Aleshinloye     PharmAccess Foundation     Justina Oha     Prince Mahe Abdulkadir     Temitope Ogunbanke     Okin Group     Neo Mundo Ltd     Kpotum Mohammed Baba     Lateef Alagbonsi     Lucky Omoluwa     Ganiyu Taofiq     Hikmah AbdulKareem     Alfa Modibo Belgore     Aishatu Ahmed Gobir     HYPPADEC     Yusuf Abdulkadir     PAACO-PCL Consortium     Saba Jibril     Ayedun     Towobola Abdulrahman Toyin     UTME     Oba David Oyerinola Adedunmoye     Mohammed Katsina Ahmed     Abubakar Abdulraheem     Lawal Arinola Kudirat     Olajumoke Monsura Gafar     Sam Onile     Onilorin     Abdulwahab Olarewaju Issa     Tinubu Legacy Forum     Maryam Ado Bayero     Binta Sulyman     Baba Isale     Ishola Abdullahi     Kunle Suleiman     Amina Susa\'a De Ahmed     Goodluck Jonathan     Toyin Falola     Bola Shagaya     IPSAS     Pategi     Vasolar Consortium     Dairo Kunle Paul     Biliaminu Aliu     Ibrahim Mashood     Salihu Jibril Garbi     Hamidat Sulyman-Yusuf     Mustapha AbdulGaniyu     Salman Suleiman     Tsaragi/Share     Basic Education Certificate Examination     Rex Olawoye     Wakilin Mata Lafiagi     Bilikisu Gambari     Omotosho     Kola Ologbondiyan     Awoye     Alanamu     Monsurat Omotosho     Mahfouz Adedimeji     Harmony Holdings     Ibrahim Abikan     Adeleke Ogungbe     Apaokagi     Abdulhakeem Adelaja Amao