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.

Ahmed \'Lateef     Samuel Adedoyin     Kwarareports     Abdullahi G. Mohammad     Sabi     Binta Abubakar Mora     Student Learning Support Helpline     Paul Olawoore     Babatunde Idiagbon     KWASAA     SARS     Olam Food Ingredients     Firdaos Amasa     AbdulHakeem Ajibola Akanbi     Akanbi-Oke     Nurudeen Muhammed     Tunde Saad     Afin Descendants Union Of Odo-Owa     Imodoye Writer’s Enclave     Umaru Saro     Junior Secondary School Certificate Examinations     Ibrahim Gambari     Olayinka Oladapo Jogunola     Niyi Osundare     Abdulahi Abubakar Bata     Bilikis Oladimeji     Ayo Adeyemi     Bursary     Yashikira     GAMA     Kale Belgore     Muhammad Mustapha Suleiman     Kwara State Television     Code Of Conduct Tribunal     IHS     Amuda Musbau     Ibrahim Taiwo Road     Baba Adini Of Kwara State     Kemi Adeosun     Abioye Bello     Young Progressives Party     Moro     Abdulwahab Ololele     Standard Organization Of Nigeria     Nurudeen Mohammed     AbdulRaheem Ahmad Shayi     Yoruba     Joseph Bamigboye     Balogun Ajikobi     Federal Polytechnic Offa     Temitope Ogunbanke     Press Release     TIC     Yahaya Abdulkareem Babaita     Ilorin Emirate Staff Association     Busari Alabi Alausa     John Obuh     Ambassador Kayode Laro     Tunji Oyawoye     Taofik Abdulkareem     Afolabi-Oshatimehin     Ahmed Bayero     Oba Of Jebba     Umar Bayo Abdulwahab     Tsaragi/Share     Oro Grammar School     KwaraLearn     Kayode Laro     Florence Saraki     Face Masks     Kwara State Government     Eleyele     Jamiu Oyawoye     Ilorin Curfew     Kwara State Geographic Information Service     Unilorin FM     Gafaru Olayiwola Olorisade    

Cloud Tag: What's trending

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

Sanitation Exercise     Okiki     Ibrahim Kayode Adeyemi     NFAI     Centre For Digital Economy     Gaa Olobi     Abraham Ojo     Okala Baba     Omotosho     Abdulfatai Salman Baakini     Abdul-Rasheed Na\'Allah     Salami Adekunle     Mohammed Tunde-Jimoh     ENetSuD     David Adesina     Razaq Atunwa     Ramadan     Ado Ibrahim     Government Girls’ Day Secondary School Pakata     Hussein Oloyede     Onikijipa     Abdulrasheed Akogun     Omu-aran     Yakubu Mohammed Abdullahi     Yunus Lawal     Bolakale Kawu Agaka     Chief Imam Of Offa     Quarry Royal Valley     Onilorin     Abdulrahman Onikijipa     Abdulazeez Uthman     NTA Ilorin     N-Power     Yoonus Kola Olatinwo     Alaaya     Saka Keji     Countryside Emerging Leaders Fellowship     Taofik Abiodun Ahmed     Sheikh Ariyibi     Kunle Akogun     Saheed Popoola     Communication Network Support Services     TETFUND     Ministry Of Women Affairs And Social Development     Susan Modupe Oluwole     Senate President     Peter Obi     Samuel Adedoyin     Isa Aremu     Coalition Of Kwara North Groups     Yusuf Lanre Badmas     Mujtabah Bature     Trade Lenda SME Fair     Solomon Edojah     Yusuf Mubarak     QuickWin     Waziri Yakubu Gobir     Omupo     Agor     Yeketi     Folaranmi Aro     VADA     Kwara Central     Ubandoma     Ibrahim Akaje     Dagbalodo     Kwara State University Of Education     Lanre Issa Onilu     Village Alive Development Association     Kamaldeen Gambari     Galland Marcias     20 Billion Bond     Bello John Olanrewaju     Laboratory-to-Product     Dasuki Belgore     Kayode Bankole     Aliyu Umar