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.

Imodoye Writer’s Enclave     AbdulQowiy Olododo     Age AbdulKareem     Sanusi Abubakar     Mohammed Yahaya Barki     Bamidele Adegoke     Basit Olatunji     Afolabi-Oshatimehin     Abubakar Atiku     Kwabes     Onilupeju Of Ilupeju     Solomon Edojah     Moshood Mustapha     Offa Poly     Yaru     Sulyman Atolagbe Alege     Olushola Saraki     Balogun-Ojomu     Susan Modupe Oluwole     Al-Hikmah University     Daud Adeshola     ER-KANG Mining     Abdulrasheed Akogun     Law School Scholarship     Tosin Saraki     Budo Egba     AbdulRazaq Jiddah     Post-utme     Arandun     Okasanmi Ajayi     Peter Amogbonjaye     Alabe     Odo-Owa     Ilorin Emirate Stakeholders Forum     Oluwatoyin Lukman     Yusuf AbdulRasheed     Babaloja-General     Mahmud Ayinla Giwa     Abdulrahman Abdulrasak     Ambassador Kayode Laro     Local Government     Donatus Ejidike     Senior Staff Union Of Colleges Of Education     Abdulganiyu Oladosu     Bola Olukoju     Omupo     A.O. Belgore     Abdulsalam Firdaous Amosa     Issa Oloruntogun     Ilorin West     Code Of Conduct Tribunal     Ishak Mohammed Sabi     Ganmo Electricity Sub-Station     Kayode Laro     Olumide Daniel Ibitoye     Hassan Oyeleke     Imam Gambari     FOMWAN     Air Peace     Lanwa     Oasis Muslim Care Foundation     Bello Oyebanji     Abdulfatai Ahmed     Akande Idowu Ayoola Muhammed     Abdulfatah Ahmed     Alfa Modibbo Belgore     Ahmed Dankaya     Abubakar Abdullahi Bata     Unilorin FM     David Oyerinola Adedunmoye     Hassan A. Saliu     Bilikisu Oniyangi     SSA Youth Engagement     Oke-Odo     Moro     Abdulrahman Abdullahi Kayode     Kamoru Kadiri    

Cloud Tag: What's trending

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

RTEAN     Durosinlohun Atiku     Mustapha Akanbi     Saadu Yusuf     Baaziki Sulaiman     Irepodun     Kwara-SAPZ Project     Bayo Ajia     Alaiye     Laolu Saraki     Ishak Mohammed Sabi     Chief Imam Of Omu-Aran     Tescom.kwarastate.gov.ng     Vishvas KOZ Tractors     Ilorin Anchor Men And Women     Ojuekun Sarumi     Aminat Omodara     Mohammed Halidu     Ilorin Amusement Park     Wahab Femi Agbaje     Col. Ibrahim Taiwo     Monthly Sanitation Exercise     Balogun Ajikobi     Taofik Abdulkareem     Mustapha AbdulGaniyu     National Party Of Nigeria     Olubukola Kifayat Adedeji     Prince Bola Ajibola     Bibire Ajape     CBT     National Pilot     Funmilayo Mohammed     Abubakar Bature Sulu-Gambari     Saka Aleshinloye     Abdulazeez Uthman     Kayode Issa     Adedipe     CLAY POT     Senate President     Ilesha-Baruba     Emir Of Ilorin     Illyasu Abdullahi     Salman Jawondo     Forgo Battery Company Limited     Road Transport Employers Association Of Nigeria     Taofeek Sanusi     Ilofa     Government Girls’ Day Secondary School Pakata     Sanitation Exercise     Unilorin FM     Idowu Aremu     Taofik Mustapha     Anilelerin     Isiaka Yusuf     Abdullateef Abdussalam     AbdulHakeem Ajibola Akanbi     Chemiroy Nigeria Limited     Azeez Bello     Kayode Ishola     Abdulkarim Adisa     High Court     Talaka Parapo     Seni Saraki     Quarry Royal Valley     Abdulrazak Shehu Akorede     Toyin Olayinka Tejidini     Mazars Consulting     Hassan Abdulazeez Elewu     Rice Farmers Association Of Nigeria     KWSUED     Dairo Kunle Paul     Bello Oyedepo     Oye Tinuoye     Adisa Logun     Bolaji Nagode     Oba Sulaiman Asude     T And K FOODS