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.

Oyawoye     Abdulraufu Mustapha     Ope Saraki     Oba David Oyerinola Adedunmoye     Abdulraheem Olesin     Shaaba Lafiagi     Mohammed Abdulahi     Ganmo Power Sub-Station     Aso-ofi     Arik     Akanbi-Oke     Aliyu U. Tilde     Akeem Lawal     Lateef Alagbonsi     Magaji Are     Veterinary Teaching Hospital     Lawal Jimoh     Trade Lenda SME Fair     Air Peace     Facebook     Muyideen Ajani Bello     Ekweremadu     Atiku     Bayo Lawal     Nnazua     Tunji Folami     Abdulfatah Ahmed     Sa\'adu Gambari     Fatimoh Lawal     Turaki Of Ilorin     Folajimi Aleshinloye     Mopelola Abdulmaliq-Bashir     Moshood Bakare     Bilikisu Gambari     Busari Toyin Isiaka     Akeem Olatunji     Jalala     JMK Construction Company Limited     Mustapha Akanbi     Gobir     Federal College Of Education (Special), Afon     Sabi     Ibrahim Mashood     Umar Saro     Chief Imam Of Ilorin     AIT Ilorin     Ilorin Like-Minds     Aliyu Muhammad Saifudeen     Alapado     Lawal Arinola Kudirat     Abdulsalam A. Yusuf     Yeketi     Ibrahim Abikan     Abdulkadir Orire     Harafat E. Mukadam     SWAN     JSSCE     Savannah Centre For Diplomacy, Democracy And Development     Elekoyangan     Halimat Yusuf     Abubakar Imam     Wasiu Odewale     NYSC     Shola Odetundun     Apata Ajele Secondary School     Elerin Of Adanla Irese     International Public Sector Accounting Standards     Taofik Mustapha     Bola Magaji     Sarakite     Muyiwa Oladipo Kanu     Abraysports FC     Oja-Oba     Valsolar-Kwara Company Limited     Amos Justus Sayo     Arandun     Shuaib Abdulkadir    

Cloud Tag: What's trending

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

Budo Egba     Gbadeyan Gbadura Yomi     3MTT     Mahe Abdulkadir     Ogbondoroko     Hamidat Sulyman-Yusuf     Abdulwaheed Musa     Salman Jawondo     Dapo Teni Nig Enterprise     Oni Adebayo     Maigidasanma     Osi     Theophilus Oyebiyi     Gobir     Salmon Babatunde Salmon     Kwara State Fire Service     Tayo Awodiji     Ayinke Saka     Ilorin Likeminds Foundation     Ajakaye     Akom Construction And Engineering Synergy Ltd     Ahmad Olanrewaju Belgore     Turaki     Yusuf Babatunde Abdulwahab     Yekeen Alabi     MAI Akande     Omoniyi     Police Commissioner     Mohammed Haruna     Kola Olota     Centre For Peace And Strategic Studies     Ilorin Metro Park     Wale Oladepo     JAMB     HYPPADEC     Kwara State Internal Revenue Service     Federal Allocation     Florence Saraki     KWASSIP     Ilorin Anchor Men And Women     Hassan Oyeleke     Ladi Hassan     Tanke     Monkey Pox     Ramadan     Olaiya Lawal     Maryam Ado Bayero     Siraj Oyewale     Smart School     Ibrahim Jawondo     Niyi Osundare     Aisha Ahman-Pategi     Ibrahim Gambari     Idris Garuba     Muhammed Mahe Abdulkadir     Bilikis Oladimeji     Firdaos Amasa     Issa Baba     Gbemisola Oguntimehin     Ita-Ore     CBT     JUSUN     Orire     Umar Danladi Shero     Ishola Abdullahi     Baba Issa     Innocent Okoye     Ayinde Oki     Tunji Ajanaku     Arinola Fatimoh Lawal     Salihu Alhaji Musa     Halimat Yusuf     Oba Abdulraheem     University Road     Wahab Issa     Nigerian Army     Kwara State Football Association