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.

Nurudeen Muhammed     Ministry Of Women Affairs And Social Development     Olaitan Adefila     Ibrahim Labaika     2017 Budget     LABTOP     Abdulmumini AbdulRazaq     All Peoples Party     Aishatu Ahmed Gobir     Bamidele Adegoke     Saeedat Aliyu     Saka Abimbola Isau     Oladimeji Thompson     JAAC     Nurudeen Mohammed     Galadima     Abdulrosheed Okiki     Ghali Muhammed     Sarkin Malamai     Amusement Park     Odo-Owa     Alore     Student Learning Support Helpline     Bamidele Adegoke Oladimeji     Yomi Adeboye     Yusuf Mubarak     Gbemi Saraki     Ilorin.Info     Suleiman Idris     Kwara State Television     Gbenga Adebayo     Baakini     IESA     C2c@kwarastate.gov.ng     Kwara State Infrastructure Development Fund     National Party Of Nigeria     Baba Idris     Shettima     Mutawali Of Ilorin     Bello John Olanrewaju     Ayo Opadokun     Usman Rifun     QuickWin     AbdulRasaq Abdulmajeed Alaro     Kayode Ibrahim     Magaji Erubu     March 28     Bayo Onimago     Saka Isau     Lawal Olohungbebe     Habeeb Abdullahi Al-Ilory     NIRSAL     KWASSIP     Oniwasi Agbaye     Ike Ekweremadu     Offa Metropolitan Club     20 Billion Bond     Oladipo Akanmu Tolani     Afusat Nike Ibrahim     Societe Generale Bank Of Nigeria     Omupo     Habeeb Saidu     Bayo Ojo     Makama Of Ilorin     National Union Of Road Transport Workers     Offorjama     Idofin     Garba Idris Ajia     Abdulrahman Onikijipa     Adesina Simon Sodiya     Adisa Logun     Elerin Of Erin-Ile     Geri-Alimi Split Diamond Interchange     Folajimi Aleshinloye     Wasiu Odewale     Ola Falade     Grillo    

Cloud Tag: What's trending

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

ASKOMP     Abubakar Imam     Doyin Awoyale     Kwara State Council Of Chiefs     Ahmad Uthman     ER-KANG     Pakata Development Association     Alanamu     SDP     Oke-Kura     Valsolar     Sanusi Abubakar     Aliyu Adebayo     CT Ayeni     Saad Belgore     Kunbi Titiloye     Malete     Ilorin West/Asa Federal Constituency     Jani Ibrahim     Abdulsalam A. Yusuf     Alao Ayotunde     Minister     Shade Omoniyi     Hydroelectric Power Producing Areas Development Commission     Saheed Alakoso     SSA Youth Engagement     Tescom.kwarastate.gov.ng     TIC     Ajike People Support Centre     Reuben Paraje     Cassava Growers\' Association     Cornelius Adebayo     Salihu Jibril Garbi     Sodiya     Abdulwahab Olarewaju Issa     Bilikisu Oniyangi     Nigeria Customs Service     Orisa Bridge     Kpotum Mohammed Baba     Joseph Alex Offorjama     Lanwa     Ibrahim Mohammed     Bello Oyebanji     Sadiq Umar     Tafidan Kaiama     Plat Technologies Limited     Aro Yahaya     Gobir Organization Foundation     Olohungbebe     Saliu Ajia     AbdulFatai Adeniyi Dan-Kazeem     Quareeb     Quarry Royal Valley     College Of Health     Amusement Park     Saad Omo Iya     TESCOM 2025     Muhammad Fawaz Abubakar     Aliyu Sabi     Falokun-Oja     Olugbense     Amusa Bello     KWASAA     Shao     Seed Technologies     Okanlawon Taiwo     Iponrin     Kola Ologbondiyan     Baba Isale     Binta Abubakar-Mora     Musa Yeketi     Abdulwahab Oba     Abdul-Rahoof Bello     Bola Shagaya     Wahab Femi Agbaje     Asa     Kwara State Television