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.

Budo-Egba     Adaramaja     Moses Adekanye     Moremi High School     Kwha.gov.ng     Special Adviser On Digital Innovation     Erin-ile     Saeedat Aliyu     Zulkifli Ibraheem     Taiwo Joseph     Valsolar Consortium     Ayobami Akanbi     Lanwa     Isaac Aderemi Kolawole     Oloruntoyosi Thomas     Egbewole     Najim Yaasin     Olanrewju Okanlawon Musa     Afonja     Mike Omotosho     Press Release     Iponrin     Kayode Laro     Omoniyi     Lateef Ademola Olatunji     Ojuekun     Hussein Oloyede     Kisira     Basic Education Certificate Examination     Erubu     General Hospital     Ishaq Oloyede     Ohoro Of Shao     Labaeka     Nurudeen Muhammed     Muhammed Aliyu     Millennium Development Goals     Oloye     Ilorin East/South Federal Constituency     Gwanara     Mansur Alfanla     Sola Saraki University     MINILS     Olabanji Orilonishe     Suleiman Yahya Alapansapa     Goodluck Jonathan     Amuda Musbau     Iliasu     Nagode     Peter Amogbonjaye     Kazeem Gbolagade     Bashir Badawi     Gbenga Olawepo     Prince Sunday Fagbemi     Agor     Galadiman Ngeri     Mohammed Katsina Ahmed     Babaita     Kupchi Hosea Maxwell     JSSCE     Olumide Daniel Ibitoye     2023 Elections     Aliyu Muyideen     Ibikunle Ogunleye     Aminat Ahmed     Jumoke F. Ajao     Senate President     Yusuf Arowosaye     Halidu Danbaba     Sunday Popo-Ola     Garba Dogo     Abdulfatai Baakini     Ubandawaki     Students Union Government     TESCOM 2025     April 11     Bisi Oyeleke    

Cloud Tag: What's trending

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

Okedare     CCT     Mopelola Abdulmaliq-Bashir     Dan Iya     Twitter     Irepodun     Sa\'adu Gambari     Tunde Saad     Mohammed Halidu     Dumagi     Lai Mohammed     Shaykh Luqman Jimoh     United Nigeria Airline     Shonga Farm Project     Senior Ibrahim Suleiman     Ibrahim Abdulqadir Abikan     Adesina Simon Sodiya     Kwara State Governor     Jimoh Bashir     Ariyo     NYSC     KWSUED     Earlyon Technologies     Muslimah Entrepreneurship Forum     M.Y. Abdulrahaman     Sulyman Tejidini     Waziri Yakubu Gobir     Apado     Junior Secondary School Certificate Examinations     Budo Egba     Saka Keji     Suleiman Idris     Muhammad Fawaz Abubakar     JUSUN     AbdulQowiy Olododo     Read With Me     Owo Arugbo     Mahmud Ajeigbe     SSA Youth Engagement     Madawaki     Atiku Abubakar     Musa Yeketi     Adanla-Irese     Muhammad-Mustapha Suleiman     Esinrogunjo     Omotosho     Ahmed Mohammed Rifun     Medinat Folorunsho Salman     Alfa Belgore     Forgo Battery Company Limited     Sulyman Age AbdulKareem     Ibrahim Mashood     TESCOM 2025     Umar Bayo Abdulwahab     Umar Yakubu Jaja     Sanitation Exercise     Mahmud Babatunde Baker     IDPU     Omu Aran     HICA     Abdulwahab Ololele     Yinka Aluko     Valsolar-Kwara Company Limited     Tafidan Kaiama     Yahaya Dumoye     James Kolo     Medview Airlines     Oke-Ero     Rotimi Samuel Olujide     Umar Ayinla Saro     Kola Ologbondiyan     General Tunde Idiagbon International Airport     Hassan Saliu     Ghali Muhammed     Kwha.gov.ng     Okanlawon Musa     Abdulraufu Mustapha