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.

Afeyin-Olukuta     Mukhtar Shagaya     Kolade Solagberu     Sulu Gambari     Joseph Bamigboye     Ghali Muhammed     Al-Hikmah Radio     Societe Generale Bank Of Nigeria     David Oyerinola Adedunmoye     Forgo Battery Company Limited     Rasaq Jimoh     Usman Yunusa     Olokoba Abdullahi Ayinla     Federal Allocation     Abdulkadri Ahmad Alaiye     Patience Jonathan     Shaykh Luqman Jimoh     Oke-Ode     Sabo-Oke     George Innih     Sa\'ad Alanamu     Edret Sabi Abel     Chief Imam Of Omu-Aran     Ayo Adeyemi     Government House     Basit Olatunji     Association Of Kwara State Online Media Practitioners     Kwara Metro Park     Abdulmajeed Abdullahi     ITEM 7     Amos Bajeh     Adegoke Bamidele     Aliyu Adebayo     Laduba     Muslimah Entrepreneurship Forum     Alapansapa     Olaiya Lawal     Ayobola Ipinlaiye     JAMB     Kamaldeen Ajibade     Alloy Chukwuemeka     Ibrahim Issa Jetti     Wahab Agbaje     Dele Momodu     AbdulRauf Keji     Omoniyi Ayinla     Marufat Oladosu     Chemiroy Nigeria Limited     Yahaya Abdulkareem     KWATMA     Isiaka AbdulRazaq     Shonga Farm Project     Toyosi Thomas     Garba Ado Sanni     AbdulKareem Yusuf Danhawa     Kawu Baraje     The Herald     Fatimah Abdulkadir     Ilorin East     Amuda Aluko     Saidu Kawu     Ope Saraki     Al-Adaby     Isiaka Abdulrazak     Tunde Yusuf     Quran     Mufutau Olatinwo     Muhammadu Gobir     Issa Baba     Ita-Ore     Sherif Shagaya     Ganmo Electricity Sub-Station     Colleges Of Education Academic Staff Union     Yakubu Mohammed Abdullahi     Razaq Ayobami Akanbi     Bello John Olanrewaju     Olokoba    

Cloud Tag: What's trending

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

Ilorin West/Asa Federal Constituency     Aso-ofi     Mohammed Lawal Bagega     Yusuf Lawal     Bayo Ajia     Charcoal     Hakeem Idris     Mashood Dauda     Saheed Alakoso     Ramadhan     Sam Onile     UITH     Abiodun Jacob Ajiboye     April 11     Ilorin East/South Federal Constituency     Olusin Of Ijara Isin     Olaosebikan     Offorjama     Oke-Odo     Sa\'adu Salahu     Shoprite     Leke Ogungbe     Olokoba Abdullahi Ayinla     Adedipe     Yusuf Abdulkadir     James Ayeni     Aro Yahaya     Mary Arinde     Dumagi     Abdulkadir Orire     Olanrewju Okanlawon Musa     College Of Education     Lotus Bank     Javed Khan     Oke-opin     Akom Construction And Engineering Synergy Ltd     Muhammed Aliyu     Opobiyi     Kwara Muslim Pilgrims Welfare Board     Abdulmajeed Abdullahi     Adewuyi Funmilayo     Garba Dogo     Funmilayo Braithwaite     Dankaka     Musa Aibinu     Teachers Specific Allowance     AGF Abdulrazaq     AbdulFatai Adeniyi Dan-Kazeem     Lai Mohammed     Nigeria Computer Society     Kpotum Mohammed Baba     Kabir Shagaya     Shuaib Abdulkadir     Osi     Mufutau Gbadamosi Esuwoye     Sobi     Ilorin Durbar     Manzuma     Abubakar Lah     Olaiya Zuberu     Amosa     Council Of The Wise     Dele Momodu     Ganmo Electricity Sub-Station     CUTI     Gbadeyan Gbadura Yomi     Bukola Ajikobi     Salihu Jibril Garbi     Tunji Olawuyi     Yemi Sanni     LAK Jimoh     Daud Adeshola     Razaq Ayobami Akanbi     Rabiu Kwankwaso     NIPR     Agboola Abdulraheem     Abdulkadir Akanbi-Oke