Micro Finance banks urged to link BVN customers

The Kwara State Governor, Alhaji Abdulfatah Ahmed has called on micro-finance banks in the state to link up with their corresponding, banks for bank verification number (BVN) of their customers to enable workers enjoy their salaries through the banks.

Governor Ahmed made this known when he received the National Association of Micro-Finance Banks, led by its Secretary, Mr. Ashaolu Oladepo at the Government House, Ilorin.

According to him, there is no going back in the ongoing verification exercise for workers and pensioners and everyone must key into the system through valid BVN.

Governor Ahmed urged Micro-finance banks to comply with the directive of the state government without necessarily making workers and pensioners to close their accounts in various micro-finance banks in the state.

Governor Ahmed said the government had created a number of funding windows under the Micro, Small and Medium Enterprises to beneficiaries through Micro-Finance banks.

The Governor who described micro-finance banks as inclusive banking platform promised that the government would create more conducive environment towards broadening inclusive banking in rural areas.

Earlier, the Secretary, National Association of Micro-Finance Banks, Mr. Ashaolu Oladepo had appealed for the continuous payment of salaries to bank customers under the payroll of the state government.

Mr. Oladepo therefore commended the state government for its partnership with Micro-finance banks over the years which he said had created employment opportunities and stimulating the economy.