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.

Standard Organization Of Nigeria     Fatai Garuba Labaka     Abdullateef Abdussalam     Omupo     Olupako Of Share     Abdul Jimoh Mohammed     Onikijipa     Grillo     Oba Abdulrahim     Alabere     Amule Elementary School     Oro Grammar School Old Students Association     Code Of Conduct     08001000100     Sabo-Oke     New Model Police Station     IsDB     Ayedun     Muazam Nayaya     Shonga     Mary Arinde     Aso Ofi     Zubair Folorunsho Erubu     Abdullahi Samari     Toyin Olayinka Tejidini     Oba Abdulraheem     Bayo Mohammed Onimode     Ishaq Salman     Bashir Omolaja Bolarinwa     SSA Youth     Olam Food Ingredients     Y.A. Abdulkareem     Abdulrahman Abdulrasak     Eghe Igbinehin     Titus Suberu-Ajibola     Modupe Oluwole     Kwara Muslim Pilgrims Welfare Board     Rotimi Oyedepo     Smart School     Majlis For Sadakah, Zakat And Waqf     Ilesha-Gwanara     John Dara     David Oyedepo     John Mayokun Dada     Salihu Alhaji Musa     Akom Construction And Engineering Synergy Ltd     Oluwatoyin Lukman     Muritala Awodun     Haleeman Salman     Oba Sulaiman Asude     2017 Budget     Dauda Adeniran Adeshola     Playing Host     Ebun-Olu Adegboruwa     Deji Ajani     Yomi Adeboye     Iyabo Dupe Adekeye     Omar Gambari     Ojuekun     Taofeeq Olateju     Kwara TV     Yusuf Lanre Badmus     Salihu Yahaya     Opolo Global Innovation Limited     Chartered Institute Of Personnel Management Of Nigeria     Afolabi-Oshatimehin Adenike Harriet     Suleiman Yahya Alapansapa     GANZY     Iyeru Grammar School     Gurei     Ahmed Shuaib Buranga     Adamu Atta     Offa Poly     Arinola Lawal     Ajibike Katibi     ITP     Alloy Chukwuemeka    

Cloud Tag: What's trending

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

Suleman Abubakar     CKNG     Hakeem Lawal     Aliyu Umar     ER-KANG Mining Nigeria Company Limited     General Hospital, Offa     Tinubu     SSA Youth Engagement     Tunji Oyawoye     Ridwan Agboola     Taofeeq Olateju     Azeez Salawu     Oba Abu     Yusuf Olaolu Ali     Isiaq Khadeejah     Abdulwasiu Bolaji Adeyi     Majlis For Sadakah, Zakat And Waqf     Muhammadu Gobir     Sheikh Alimi     Olanrewju Okanlawon Musa     Mohammed Alabi Lawal     Old Oyo     AbdulFatai Adeniyi Dan-Kazeem     Muideen Olaniyi Alalade     Valsolar-Kwara Company Limited     Oju Ekun Sarumi     Ubandoma Of Ilorin     Kwasu     Stephen Fasakin     Toyin Olayinka Tejidini     Bello Bature     Sa\'adu Gambari     Olayinka Oladapo Jogunola     Shero     Jumoke F. Ajao     Fatimoh Lawal     Akanji     Special Adviser On Digital Innovation     Simeon Sule Ajibola     Ado Bayero     Aremu Odolaye     Laduba     Ajase-Ipo     Olabimpe Olani     AbdulRauf Keji     Nigerian Army     Onilorin Of Ilorin     Erubu Oba Zubair     Babajide Ajayi     Taofik Mustapha     Saadu Yusuf     Assayomo     Muritala Olarewaju     Muhammad Toyin Sanusi     Baboko Primary School     Yekini Adio     Ayobami Akanbi     Isaac Aderemi Kolawole     Kisira     Ijagbo Health Centre     Onilupeju Of Ilupeju     Kwara TV     Abdulmutalib Shittu     Segun Ogunsola     Olusola Saraki     Sardauna     Clement Yomi Adeboye     Fatai Olodo     Afolabi-Oshatimehin     ASUU     Omotoso     Onilu     Association Of Kwara State Online Media Practitioners     Abdulrauf Yusuf     Yusuf Zulu-Gambari     Alabere     A.E. Afolabi