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.

Kwara     National Union Of Road Transport Workers     Oniwa     Lawyers Unite Against Corruption     Abdulazeez Uthman     Ridhwanullah Al-Ilory     International Public Sector Accounting Standards     Ibrahim Oloriegbe     Countryside Emerging Leaders Fellowship     Yahaya Seriki     New Nigeria People’s Party     Abdulrauf Aliyu     David Adesina     Revenue Court     Monsurat Omotosho     Toyosi Thomas     Yusuf Zulu-Gambari     Gafaru Olayiwola Olorisade     Peter Amogbonjaye     Tunji Moronfoye     ASKOMP     Abdullahi G. Mohammad     Ilorin Talaka Parapo (ITP)     KWACOBPA     Senior Staff Union Of Colleges Of Education     Salaudeen Oyewale     Yunus Oniboki     Tunji Olawuyi     Yashikira     Jimoh Olusola Imam     Gbajabiamila     Abatemi-Usman     Agor Market     Sobi Hill     National Pilot     Student Learning Support Helpline     Saka Onimago     Agbarigidoma     Adanla-Irese     Olupako Of Share     Abubakar Baba Sulaiman     Metro Park     Jumoke Monsura Gafar     Umar Bayo Abdulwahab     Chief Imam Of Omu-Aran     Iyabo Adisa Ibiyeye     Sulyman Buhari     Kwara TV     Magaji Erubu     Ilorin Likeminds Foundation     Eruku     Maryam Ado Bayero     Kunle Suleiman     Adamu Jemilat-Baki     Ayobola Ipinlaiye     Rex Olawoye     Stephen Fasakin     Bello John Olanrewaju     Peculiar Allowance     Aremu Bose Deborah     Ndama Al-hassan     Kayode Oyin Zubair     Moses Afolayan     Rabiu Kwankwaso     Ilorin Descendants Progressive Union     Aisha Gobir     Sa\'adu Gambari     Na\'Allah     Abdul Jimoh Mohammed     Wahab Olasupo Egbewole     Bolaji Nagode     Onikijipa     Trader Moni     Sanusi Abubakar     Busari Toyin Isiaka     Aliyu Olatunji Ajanaku     NFAI    

Cloud Tag: What's trending

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

Arinola Fatimoh Lawal     Ajia-Bako     Bola Ahmed Tinubu     New Naira Notes     Kola Olota     Samari     General Hospital, Offa     Ike Ekweremadu     David Oyedepo     Oko-Erin     John Obuh     Kumbi Titilope     Sabi     TIIDELab     Alumni Association Of The Federal Polytechnic Offa     Wasiu Odewale     Jimoh Saadudeen Muhammed     Oke-Ode     Alfa Modibbo Belgore     Yeketi     Abiodun Abdulkareem     Sidikat Akaje     Abdulraufu Mustapha     Ganmo Power Sub-Station     SWAN     Orire     Imam Gambari     Al-Hikmah University     Muhammadu Buhari     Nurudeen Mohammed     Tunde Oyawoye     Kupchi Hosea Maxwell     Joseph Yemi Ajayi     Umar Danladi Shero     Olaiya Victor Mobolaji     Kwara Restoration Project     Saliu Mustapha     Abdulraheem Olesin     Abubakar Atiku     Local Government     Kayode Ishola     Awili Pedro     Special Adviser On Digital Innovation     Segun Adeniyi     Oba Abdulkadir La\'aro     Bayer AG     Kayode Laro     Ohoro Of Shao     Ethical College     Gabriel Fashanu     Ilorin Anchor Men And Women     Abdulrahman Onikijipa     Oko-Olowo     MAI Akande     IYA ALFA NLA     Makama     Reuben Paraje     Mashood Dauda     Baaziki Sulaiman     Oladimeji Thompson     Lateef Alagbonsi     Chikanda     Olateju Lukman     Monthly Sanitation     Idris Amosa Saidu     Henry Olaosebikan     Halidu Danbaba     Hassan Taiye Salam     Kale Ayo     Diagnostic Centre     Kazeem Gbolagade     Share     Oke Sunna     Lafia Aliyu Korasabi     UTME     Lanwa     Aisha Buhari