Lubricant dealers solicit loans from KWSG

Date: 2017-05-08

The Kwara State Engine Lubricant Dealers (E.L.D), a branch of NUPENG has solicited for soft loans from the state government in order to expand scope of businesses.

The state Chairman of the Association, Comrade Jimoh Olusola Imam while fielding questions from Pilot Business recently, said the economic recession is taking toll on investments of members.

He said, "We are finding things difficult amidst the recession as the prices of lubricant oil have risen unexpectedly. Some of our members are running at a loss and businesses are collapsing.

"We have approached the state Ministry of Commerce and Cooperatives to assist us with loans and we were asked to form cooperative societies and this we have done and followed due process," he explained.

Imam appealed to tbe state Governor, Alhaji Abdulfattah Ahmed administration to extend his administration loan disbursement scheme to members of the association. He stated that the association is working assiduously in collaboration with government agencies to curb activities of illegal blenders in the state. He said, " We have a disciplinary committee that monitors activities of all lubricant dealers in the state. Our branches across the 16 local government councils assist us with necessary information. "

The chairman advised members of the public to always patronise registered members and products that have Standard Organization of Nigeria registration trademark, urging them to report any case of fake product to security agencies. When contacted, the state Commissioner for Commerce and Cooperatives, Alhaji Ahmed Rifun confirmed that the association has submitted its proposal seeking loan, saying that the ministry is processing it.

He said, "The association has registered with us seeking for loans few years ago and their demands is undergoing the ministry procedures. " The commissioner disclosed that the state government is committed to supporting Small and Medium scale Enterprises.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

SSA Youth Engagement     Abdulrosheed Okiki     ARMTI     Abdulkadir Bolakale Sakariyah     Ajikobi     Abdullahi Saadudeen Alikinla     Samuel Adedoyin     Yusuf AbdulRasheed     Olabanji Orilonishe     Maryam A. Garuba     Aro Yahaya     Saka Adeyemo     Ali Ahmad     Mumeen Lah     Senior Staff Union Of Colleges Of Education     Fawenu     Fatima Abolore Jimoh     Yusuf Amuda Abubakar     Oba Mogaji Abdulkadir     Medinat Folorunsho Salman     Ekweremadu     Henry Olaosebikan     Olatunji Ayeni     Federal College Of Education (Special), Afon     Ilesha-Baruba     Ibrahim Bio     Shettima     Abdulrahman Onikijipa     Kwara State Sports Commission     Afeyin-Olukuta     Femi Gbajabiamila     Kolade Solagberu     Kassim Babamale     Folorunsho Alao     Olubukola Kifayat Adedeji     Saka Balikis Kehinde     Alao Ayotunde     Trade Lenda SME Fair     Wole Oke     Tunde Saad     Mohammed Katsina Ahmed     International Aviation College     Emmanuel Bello     Abiodun Musa Aibinu     Iyeru Grammar School     Yusuf Ibitokun Sherifat     Ilesha-Gwanara     Local Government     Islamiya Abdulraheem     Yakubu Danladi     Muhammad Sirajo Aliyu     Al-Hikmah University     MINILS     FERMA     Sadiq Buhari     Suraj Tunji Oyewale     Gbadeyan Gbadura Yomi     Gbemisola Oguntimehin     Yusuf Abdulwahab     Owo Isowo     Mohammed Kamaludeen     Suleiman Ajadi     Halimah Perogi     Offa     Muhammad Mustapha Suleiman     Mumini Ishola Hanafi     Pakata Development Association     Alfa Modibo Belgore     Isiaka AbdulRazaq     Ghali Muhammed     Akume     Abdulfatai Salman Baakini     Ibrahim Oniye     Isa Aremu     Hausa     Omotoso Musa     Prince Sunday Fagbemi    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Oniwasi Agbaye     Habeeb Saidu     Muslim Media Watch Group Of Nigeria     Ayoade Akinnibosun     Balogun Ajikobi     Harrison Osauwagboe     Doyin Agbamu     Danhawa     Fatimoh Lawal     Abdullah Janet Amudat     Naira Redesign     Eghe Igbinehin     Yusuf Arowosaye     Abdulrosheed Okiki     SSA Youth Engagement     Okanlawon Musa     Orisa Bridge     Femtech     Yinka Aluko     Rihanat Ajia     Aiyedun     Olaiya Victor Mobolaji     Mohammed Danjuma     Kudirat Arinola Lawal     Sulu Gambari     Ojo Fadumila     Lola Olabayo     Woro     Buhari     Muhammed Akanbi     NIPR     Abdulrahman Onikijipa     Dumagi     Olugbense     Saad Omo\'ya     LAK Jimoh     Kwara State Governor     Olaiya Lawal     Abdullahi Dasilva Yussuf     Playing Host     Jaiz Bank     Jelili Yusuf     Olota Of Odo-Owa     Muhammad Akande Olarewaju Odunade     CCEPE     Musbau A. Akanji     Ayinde Oyepitan     Aremu Bose Deborah     Amuda Aluko     Muslimah Entrepreneurship Forum     Lanre Badmus     NULGE     Yusuf Mubarak     Abdulwahab Olarewaju Issa     Yunus Lawal     Elewu     Leke Ogungbe     Tuesday Assayomo     Adijat Adebiyi     Sa\'adu Salahu     Amos Sayo     Christopher Tunji Ayeni     Riskat Opakunle     The Herald     Suraj Tunji Oyewale     Ali Ahmad     Ifelodun     Minimum Wage     Ayinke Saka     Kaosarah Adeyi     Taofik Mustapha     Patience Jonathan     Kuliyan Geri     Afusat Nike Ibrahim     Fulani     Usman Rifun     IEDPU