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.

Haliru Yahaya     UTME     Lawal Jimoh     Tunji Arosanyin     HAMFAT Clinic And Maternity     Senior Special Assistant On Student Affairs     Michael Nzekwe     SSA Youth     Laolu Saraki     Ilorin Airport     Coronavirus     Iqra Books     Jamila Bio Ibrahim     Ilorin South     Yoonus Lawal     Kale Bayero     Abdulganiy Abimbola Abdussalam     Mamman Saba Jibril     KWACOBPA     Oasis Muslim Care Foundation     Amina El-Imam     PharmAccess Foundation     Henry Olaosebikan     Amusement Park     SSA Youth Engagement     Fatai Olodo     Olaitan Buraimoh     Bolakale Kawu Agaka     Nigerian Medical Association     Onilupeju Of Ilupeju     Ayobami Akanbi     Salihu Ajia     Tosho Yaqub     Alaaya     Illyasu Abdullahi     Amos Sayo     Village Alive Development Association     AbdulGaniyu Kareem     Erin-ile     Mohammed Yahaya Barki     Saad Omo\'ya     Ajibike Katibi     Shuaib Abdulkadir     Kola Shittu     Ubandoma     Femtech     Yusuf Ibitokun Sherifat     Muftau Akanbi Oke     David Oyedepo     Jumoke Monsura Gafar     YAKOOYO     Noah Yusuf     NITDA     Olatunde Olukoya     Federal Allocation     Kwara Restoration Project     Ilorin South Constituency     Trade Lenda SME Fair     Abdulrasheed Akogun     NSCIA     Lithium Deposit     Oniwasi Agbaye     Rabiu Kwankwaso     Olateju Lukman     Trader Moni     Ajibola Ademola Julius     Olupako     Bayo Lawal     Oluwarotimi Boluwatife Adenike     Quarry Royal Valley     Samuel Adedoyin     JUSUN     Pakata     Oluwole Dupe     Prince Sunday Fagbemi     Ahmad Uthman     COVID-19 Palliatives    

Cloud Tag: What's trending

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

Abdulrauf Aliyu     Government High School Adeta     Ibrahim Taiwo Road     Sobi Specialist Hospital     Segun Olawoyin     Sango-UITH Road     Kupchi Hosea Maxwell     Ilorin South Constituency     Ilorin Anchor Men And Women     Joseph Daudu     Yusuf Abdulwahab     Madawaki Of Ilorin     Rachael Obisesan     Osuwa     Hamidat Sulyman-Yusuf     Hydroelectric Power Producing Areas Development Commission     Patigi Regatta     Mazars Consulting     PharmAccess Foundation     Maryam Nurudeen     Ayobami Seriki     Maja     Idofin     Moses Salami     Ibrahim Agboola Gambari     Lanre Issa-Onilu     Diagnostic Centre     Obayomi Azeez     Kayode Issa     Fulani     James Kolo     Abdulhakeem Amao     Road Transport Employers Association Of Nigeria     Binta Sulyman     Olufolake Abdulrazaq     Ileloke     Ilofa     Tinubu Legacy Forum     Muslimah Entrepreneurship Forum     Saduki Lafiagi     Abiodun Abdulkareem     Funmi Salau     Abdulmajeed Abdullahi     Adamu B. Yaqubu     Oniyangi     Tsaragi     Adijat Adebiyi     Sarkin Malamai     Funke Adedoyin     Kwara-SAPZ Project     Ayinde Oki     Ajibola Saliu Ajia     Facemasks     Senior Ibrahim Suleiman     Ezekiel Yissa Benjamin     JAAC     Quareeb Islamic Association     Kwasu     Abubakar Suleiman     Durosinlohun Kawu     John Olobayo     Ifelodun     IsDB     Ilorin Emirate Staff Association     Joseph Alex Offorjama     Oju Ekun Sarumi     Gafaru Olayiwola Olorisade     Coronavirus     Egbewole     Muhammad Yahya     Kayode Yusuf     Umar Saro     Abdulahi Abubakar Bata     International Public Sector Accounting Standards     Age AbdulKareem     Afonja Descendants Union     Yusuf A. Usman