The Emir of Kano, Alhaji Aminu Ado-Bayero, has commended KMC KAYI Microfinance Bank for employing more than 1,000 youths in northern states to reduce poverty and unemployment.
Ado-Bayero made the commendation while inaugurating “KMC KAYI” App in Kano, saying the facility would enhance the growth and development of Kano economy and the nation at large.
He said: “Kano being the Nation’s centre of commerce deserved more of such facilities as the KMC-KAYI APP would support small businesses and other services.
“The APP would help in overcoming the current financial inclusion challenges in the society by creating viable channels through which the unbanked could be financially engaged.”
Ad0-Bayero urged the members of the Kano business community to patronize the APP in their businesses.
On his part, the Product Lead of KMC Microfinance Bank, Mr Abdulganiyyu Rufa’i, said the app was developed using cutting-edge technology to ensure fast transactions.
He added: “The facility was to give millions of small and medium business operators a chance to access digital banking without technical difficulty.”
Also, the Chairman of the bank, Alhaji Saadina Dantata, said he decided to invest in it to give small-scale business owners a chance to key into the modern banking system.
Dantata said that the bank had provided employment opportunities to teeming youths in Kano, Katsina, Kaduna and Jigawa states.
The News Agency of Nigeria (NAN) reports that dignitaries who graced the occasion included business mogul, Alhaji Aminu Dantata,who was represented by his son Alhaji Tajuddeen Dantata.
Others were: Emir of Bichi, Alhaji Nasiru Ado-Bayero and members of the Kano business community.