The Kwara State Ease of Doing Business Council (EODBC)) has organised a one-day workshop to build the capacity of entrepreneurs and investors in the state on how to access credit facilities to strengthen their businesses.
Themed ‘Access to Credit for Investors in Kwara State’, the programme was attended by government officials, members of the Council, captains of industry, banking institutions, financial experts, artisans, and marketers’ associations.
The session featured lectures by Dr Ayinde Mosadi from the Nigerian Export Promotion Council, Kwara State Coordinating Unit; Oluremi Agboola and Nnenna Jacob-Ogogo from First City Monument Bank (FCMB) and head of Credit Risk Management, Sterling Bank, Olukayode Oyebangbose.
The state commissioner for Finance, Dr Hauwa Nuru said they organised the workshop to create access to credit facilities for entrepreneurs with a view to growing, innovating, and competing effectively in their businesses.
She said the government has been improving the ease of doing business
in the state by streamlining processes, reducing bureaucratic bottlenecks, and prioritising access to credit towards building a steady business ecosystem.
“Today’s workshop focuses on one of the most critical aspects of business success: access to credit. For businesses to grow, innovate, and
compete effectively, access to affordable and timely financing is indispensable, hence the bringing together of experts, industry leaders,
and stakeholders to discuss and explore key areas,” she said.
She commended the state government and entire members of the Council for the tireless efforts and dedication to creating an enabling environment where businesses can thrive and contribute meaningfully to the state’s development.
In his presentation, Dr Mosadi, said the ease of doing business policy of the state government has the capacity to promote the size of products being exported from the state.
Financial experts Agboola, Jacob-Ogogo and Oyebangbose spoke on various opportunities their banks offer entrepreneurs to develop businesses and ensure financial inclusion.