The Yobe State Government (SSG) has pledged to pursue an additional N1 billion recapitalisation of Yobe Microfinance Bank to strengthen its operations and expand its impact across the state.
Mohammed Goje, acting Secretary to the Yobe State Government, stated this when he received the Management and Staff of Yobe Microfinance Bank on a congratulatory visit to his office in Damaturu, the Yobe State capital.
He commended the management and staff for their dedication, professionalism, and resilience in transforming the Bank into a viable financial institution, contributing to the economic development of Yobe State.
Goje expressed satisfaction with the progress recorded by the Bank and assured the management of his unwavering support in both his capacities as Secretary to the State Government and Chairman of the Board.
He further disclosed plans to seek Governor Mai Mala Buni’s approval for an additional N1 billion recapitalisation of the Bank, describing the intervention as a strategic step toward strengthening the institution’s financial capacity, expanding access to credit, and enhancing its ability to serve the people of Yobe State and beyond. Related News June 12: Democracy must deliver good governance, group says Oyo police debunks false allegations of terrorists' movement into Ogbomoso axis, warns against spread of fake news Military, US joint operations kill 200 insurgents, top terror commanders in North-East —DHQ
