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.

Garba Ado Sanni     Innocent Okoye     Ojuekun     Shuaib Jawondo     Awili Pedro     Offa Grammer School     Atiku Abubakar     Femtech     Special Agro-industrial Processing Zone     Edu     Issa Baba     Alanamu     Oniyangi Kunle Sulaiman     Yeketi     Nigeria Foundation For Artificial Intelligence     Economic And Financial Crimes Commission     Bamidele Adegoke Oladimeji     University Road     Bisi Kristien     Aliyu Adebayo     Solomon Edoja     Salman Jawondo     Abdulraheem Yusuf     Olayinka Oladapo Jogunola     Dairo Kunle Paul     Suwa-Arabs     NIPR     Abdulrahman Abdulrazak     Ibrahim Orire     Ahman Pategi University     Wahab Femi Agbaje     Age AbdulKareem     Ilesha Gwanara Road     Ahmed Mohammed Rifun     Muhammad Toyin Sanusi     Salman Suleiman     Ileloke     Abiodun Abdulkareem     Col. Adedipe     Kwara Poly     Sabo-Oke     Issa Oloruntogun     Clara Nwachukwu     Bisi Oyeleke     Stephen Fasakin     Taibat Ayinke Ahmed     Oya State     Raheem Adaramaja     Ishaq Salman     Yusuf Amuda Abubakar     Yahaya Seriki Gambari     George Innih     Onilu     Adedipe     Akeem Olatunji     Oba Mogaji Abdulkadir     Babatunde Ajeigbe     Arandun     Wahab Olasupo Egbewole     Ndakene     Ilorin Central Mosque     Mary Arinde     Abdulganiyu AbdulAzeez     Damilola Yusuf     Bello John Olanrewaju     Naira Redesign     Lanre Badmus     Sheu Ndanusa Usman     Saka Balikis Kehinde     National Party Of Nigeria     Hamidat Sulyman-Yusuf     Amusa Bello     Kwara TV     Muhammed Aliyu     Olokoba Sulyman     Lateef Ademola Olatunji     Obasanjo    

Cloud Tag: What's trending

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

Sulyman Tejidini     Mohammed Kamaludeen     SGBN     Tunde Akanbi     Eghe Igbinehin     Kolade Solagberu     Ajuloopin     Manzuma     Aisha Gobir     Tafida Of Kaiama     Elerin Of Adanla     Halimat Yusuf     Olokoba Abdullahi Ayinla     Arinola Fatimoh Lawal     Olabode Towoju     Omar Bolaji Gambari     Ahmed Saidu Rufai     Adamu Attah     Olaiya Zuberu     Abdulrasheed Na\'Allah     Tunde Mukaila Mustapha     Maimunat Oloriegbe     Nigeria Customs Service     Centre For Digital Economy     Lanre Jimoh     Emir Of Kano     Aisha Abodunrin Ibrahim     Haliru Dantoro     Olupako     Eleyele     Saheed Popoola     Ilorin West/Asa Federal Constituency     Smart School     Taofik Mustapha     Saidu Yaro Musa     John Kehinde Salako     Okin High School     Funmilayo Isiaka Oniwa     Malete     Ridhwanullah Al-Ilory     United Nigeria Airline     Salihu Ajibola Ajia     Mahmud Ayinla Giwa     Government Girls’ Day Secondary School Pakata     Oke-Ogun     Riskat Opakunle     SSUCOEN     Ahmed Idris Mohammed     Saidu Isa     Alaiye     Kupchi Hosea Maxwell     Ilorin East/South Federal Constituency     NITDA     Kehinde Baale     Olayinka Are     Y.A. Abdulkareem     Niyi Osundare     Bamikole Omishore     Kwara State Internal Revenue Service     Alapado     Jimoh Saadudeen Muhammed     Abatemi Usman     Adesina Simon Sodiya     Florence Saraki     Femi Gbajabiamila     Turaki Of Ilorin     Abubakar Abdulraheem     CACOVID Palliatives     Bluenile Associates     Simeon Sayomi     Teachers Specific Allowance     Majlis For Sadaqah, Zakat And Waqf     Oloye     Makama Of Ilorin     Egbewole     Labour Party     Afolabi-Oshatimehin Adenike Harriet