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.

Aishat Mohammed Lawal     Ifelodun     Saad Omo Iya     Funke Adedoyin     Abdulmumin Yinka Ajia     Bankole Omisore     Bolaji Abdullahi     General Tunde Idiagbon International Airport Ilorin     Seni Saraki     Osi     Vasolar Consortium     Bibire Ajape     Www.Kwarareports.com     Ajia-Bako     Waheed Ibrahim     Yakubu Mohammed Abdullahi     Abatemi Usman     Kisra     Kwara State Fish Farmers Association     Mahmud Ayinla Giwa     Old Oyo     Pakata Development Association     Saka Onimago     Principal Private Secretary     Ramat Oganija     Niyi Osundare     Hassan A. Saliu     Alapado     Mope Dasuki Belgore     Kunbi Titiloye     Haruna Tambiri Mohammed     MATTA Girls Foundation     Bello Oyebanji     Olatunde Michaels     Obayomi Azeez     Kwara Pdp     Olaosebikan     Labour Party     Abdulsalam A. Yusuf     Adeola Abraham     Kwha.gov.ng     Suleiman Mora Omar     Folaranmi Aro     Zulu Gambari     Salmon Babatunde Salmon     Abdullahi Atanda     Micheal Imodu-Ganmo Road     Yusuf Abdulwahab     Yaru     Mumini Ishola Hanafi     NIPR     Mohammed Abduraheem     Yunus Oniboki     Kwara State Coalition Of Business And Professional Associations     Saliu Mustapha     Rotimi Atere     Funmilayo Mohammed     Ajibola Saliu Ajia     Shaaba Lafiagi     S.O. Opowoye     Yakub Lai Gobir     Halidu Danbaba     Jimoh Akani     Tunji Oyawoye     Idris Garba     Hamidu Olowo     Emir Of Ilorin     Baboko Primary School     Kolade Solagberu     Binta Abubakar-Mora     Iliasu     Sambo Murtala     Sam Onile     Gabriel Fashanu     Rabiu Kwankwaso     Mohammed Danjuma     Isaac Gbenle    

Cloud Tag: What's trending

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

IYA ALFA NLA     EFCC     Olayinka Are     Ahmad Ali     Laolu Saraki     Bello Oyebanji     Amuda Aluko     TETFUND     Timothy Olatunde Fadipe     Igbaja     Lanre Issa Onilu     Haliru Dantoro     Abdullahi Adisa Akodudu     Wale Oladepo     Alapado     Durbar     Abdulrahman Abdullahi Kayode     Savannah Centre For Diplomacy, Democracy And Development     Abdulrauf Aliyu     Elese Of Igbaja     Gbugbu     Saka Isau     Shuaib Boni Aliyu     University Road     2023 Elections     Ajibola Ademola Julius     Ishola Moses Abiodun     Joseph Alex Offorjama     Young Progressives Party     Siddiq Adebayo Idowu Salawu     Ayoade Akinnibosun     Abdulrazaq Adebayo     Opobiyi     Adegoke Bamidele     Umar Ahmed Gunu     KWSUED     Ibrahim Abiodun     Saka Abimbola Isau     Coalition Of Kwara North Groups     VADA     Adedayo Yusuf Abdulkareem     Police Commissioner     Abdulrasheed Na\'Allah     Obasanjo     Mutawali     Yusuf Abubakar     Alloy Chukwuemeka     Tafida Of Ilorin     Ramadhan     Iyiola Oyedepo     Plat Technologies Limited     Rotimi Atere     Marufat Oladosu     Olabanji Orilonishe     Olatinwo     Dan-Kazeem     Mumeen Lah     Abdulrahman Abdulrazaq     Abdulhakeem Amao     Tafidan Kaiama     Lanre Issa-Onilu     TIC     Esinrogunjo     Noah Yusuf     Wahab Kunle Shittu     Belgore     IFK     Hassan Oyeleke     Isiaq Khadeejah     Borgu     Shaaba Lafiagi     Jelili Yusuf     Sango-UITH Road     Saad Omo\'ya     Gambari     James Ayeni     Toyin Abdullahi