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.

Ahmad Olanrewaju Belgore     Economic And Financial Crimes Commission     Ibrahim Abdulqadir Abikan     Www.Kwarareports.com     Buari Edun     UNIFEMGA     Awodun     Apaola     Tinubu     Oladimeji Thompson     Aliyu Muhammed     Jalala     Nigeria Computer Society     Tafida Of Ilorin     Abdulkadri Ahmad Alaiye     Surajudeen Akanbi     Unilorin FM     Shehu Alimi Foundation For Peace And Development     Alore     Diagnostic Centre     Baboko     Ayo Adeyemi     Aisha Gobir     Kwara State Fire Service     Young Progressives Party     Yoonus Lawal     Opaleke Bukola Iyabo     Bareke     Tanke Road     Muhammad Ghali Alaaya     Lola Ashiru     Shehu Jimoh     Temi Kolawole     JMK Construction Company Limited     Kumbi Titilope     Kazeem Adekanye     Afusat Nike Ibrahim     Ridwan Agboola     Risikat Lawal     Abdul Jimoh Mohammed     Abdulrazaq Magaji     Bamidele Adegoke     Garment Factory     KFA     Sola Saraki Educational Foundation     Kwara State Printing And Publishing Corporation     Fatimat Saliu     Dasuki Belgore     Afonja Descendants Union     Bolaji Nagode     Aliyu Muyideen     Aliyu Alhassan     Olokoba Sulyman     Katibi Ibraheem Adeola     Hussein Olokooba     Hamid Bobboyi     Alaiye     Yoonus Kola Olatinwo     Kwara Basketball Association     IFK     Bolakale Saka     Labaeka     Tuesday Assayomo     Solomon Edoja     IEDPU     Kunle Suleiman     Shoprite     Nigeria Association Of Women Journalists     Ibrahim Taiwo Road     Special Adviser On Digital Innovation     Dunmade     Ayoade Akinnibosun     Musa Alhassan Buge     Yekini Adio     Arinola Lawal     ASMAU PLAZA     Gbemisola Saraki    

Cloud Tag: What's trending

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

Funke Adedoyin     Baboko     Aliyu Sabi     Turaki Of Ilorin     Florence Saraki     Yunus Lawal     Ajibola Saliu Ajia     Yahaya Dumoye     Akande Idowu Ayoola Muhammed     Habeeb Saidu     Moronfoye     Ahmed Bayero     Jare Olatundun     KSIRS     Afolabi-Oshatimehin Adenike Harriet     Salau Kabiru Abdullahi     Vasolar-Kwara Company Ltd     Shagari     Idi-Ape     Twitter     Folorunsho Erubu     Simeon Sule Ajibola     Oni Adebayo     Shonga     Ahmed Mohammed Rifun     Suleiman Mora Omar     Kale Bayero     Post-utme     COVID     Abdulrazaq Adebayo     Abdullahi AbdulMajeed     Ayodele Shittu     Ojo Isekuse     Millennium Development Goals     Taofeek Ibraheem     Abdulwasiu Bolaji Adeyi     Femi Ogunsola     Government House     Kwara     Mogaji Aare     Issa Memunat Moyosore     Olaitan Adefila     Alabe     Busari Toyin Isiaka     Neuropsychiatric Hospital     Ilorin     Ilorin Airport     Iyiola Oyedepo     Niguel Gallando Marcias     Ibrahim Abduquadri Abikan     Kwara State Geographic Information Service     SGBN     Nurudeen Muhammed     3MTT     Aso-ofi     Kupchi Hosea Maxwell     Dorcas Afeniforo     Harrison Osauwagboe     Dar-Al-Handasah Consultants     Tunji Moronfoye     Ilorin Anchor Men And Women     Mary Kemi Adeosun     Memunat Monsuma     Oniyangi Kunle Sulaiman     Obasanjo     John Olajide Adedipe     JAAC     Lanwa     Kunle Suleiman     Sobi FM     Ajasse-Ipo     Dar-Al-Handasah Consultants Ltd     National Association Of Nigerian Students     Baba Adini Of Kwara State     Patience Jonathan     Durbar     Sidikat Alaya