ADAS- P Will Improve Adamawa IGR Under Fintiri’s Tenure – Buhari

The principal consultant ADAS-Programme Alh. Aminu Buhari has said the Programme will boost the Internally Generated Revenue of Adamawa State State, under the administration of Gov Ahmadu Umaru Fintiri.

He stated this while meeting with relevant stakeholders including the management of Standard Micro-finance Bank Limited Yola.

The meeting with the bank is to ensure the smooth and successful conduct of the ADAS-P Credit Guarantee Scheme.

Shading more light on the profile and guidelines of the ADAS-P Credit Guarantee Scheme, the principal consultant of the programme Alh. Aminu Buhari said the program is beneficial to both the bank, Adamawa State and small-scale business holders in the state.

The principal consultant added that profit will be shared between banks and ADAS-P while small-scale business owners will be given higher capital credit which will help in improving the internally Generated Revenue of the state.

In his contributions, the Chairman Board of ADAS
Alh. Kashim Moh’d Njidda and Dallatun Ganye urged the management of the bank to submit their profile and rules of engagement to ADAS-P
as ADAS-P did to them.

The chairman also advised the collateral managers to work round the clock to ensure the success of the programme.

In his remarks, the Managing Director of Standard Micro-finance Bank Limited Yola Mr Amit Kumar Dubey commended ADAS-P leadership for a well-designed and standardised programme ever, promising to cooperate with them to move the programme to greater heights.

The meeting which was held at the board room of ADAS-P office, was attended by stakeholders from both sides.