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.

Toun Okewale-Sonaiya     AbdulHakeem Ajibola Akanbi     Kayode Issa     Mohammed Saidu     Kwara Basketball Association     Solomon Edojah     Borgu     Alfa Modibbo Belgore     Chartered Institute Of Personnel Management Of Nigeria     Ghali Muhammed     Buari Edun     Musa Aibinu     All Confederation Of Principals Of Secondary Schools     Yunus Lawal     Joseph Bamigboye     National Information Technology Development Agency     Muhammed Aliyu     Yakubu Dogara     Olatunde Jare     Ilorin Innovation Hub     Basit Olatunji     Offorjama     Danhawa     Dar-Al-Handasah Consultants Ltd     Kudirat Arinola Lawal     Lai Gobir     Salihu Jibril Garbi     Ayodele Shittu     Aminat Ahmed     Nagode     Abdulhakeem Amao     Abdulfatai Ahmed     Salake     Seed Technologies     Bilikisu Gambari     Jimoh Saadudeen Muhammed     Magaji Nda     Abdulbaqi Jimoh     Oko Erin     United Nigeria Congress Party     Olayinka Oladapo Jogunola     Bolaji Gambari     KWASIEC     Tanke Flyover Bridge     Code Of Conduct Tribunal     Sa\'adu Salau     Mohammed Kamaludeen     Abdulrazaq Solihudeen     Isaac Aderemi Kolawole     Michael Nzwekwe     Mahmud Ajeigbe     Siddiq Adebayo Idowu Salawu     Kazeem Adekanye     Sidikat Uthman Ajibola     Olohungbebe     Kwara State Sports Commission     Dorcas Afeniforo     Bola Tinubu     Lanre Issa-Onilu     Olusola Saraki     Abatemi-Usman     Abdulganiyu AbdulAzeez     Umaru Saro     Ibrahim Abdullahi     Umar Danladi Shero     Yoonus Kola Olatinwo     Col. Taiwo     Village Alive Development Association     Oke-Odo     ITP     Eleja Taiwo Banu     Sodiya     Matthew Babaoye     Olateju Lukman     Ebun-Olu Adegboruwa     Shagari     Pacify Labs    

Cloud Tag: What's trending

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

Babatunde Idiagbon     Firdaos Amasa     Kwara Pdp     Balogun Fulani     Convocation Ceremonies     Abdulmumin Yinka Ajia     Olugbense     Agor     Shonga Farm Project     Ahmad Uthman     Ibrahim Abiodun     Mamatu Abdullahi     Oluranti Idowu     Lanre Olosunde     Segun Ogunsola     Gbemisola Saraki     Kwara Muslim Pilgrims Welfare Board     Gbemi Saraki     Onilorin     Oyelere Oyinloye     Muhammad Ghali Alaaya     Oba Abdulrahim     Sa\'adu Salahu     John Obuh     Ishaq Oloyede     Special Agro-Industrial Hub     Saliu Shola Taofeek     Amusa Bello     Oba David Oyerinola Adedunmoye     Makama     Ibrahim Oniye     Saraki     Garba Idris Ajia     SUBEB     Ramat Oganija     Salaudeen Oyewale     Egbewole     Dumagi     Sobi Hill     Asa     Abdulwaheed Musa     Kayode Ishola     Agor Market     Amuda Musbau     Mahee Abdulkadir     Aremu Odolaye     Ibrahim Jawondo     Saadatu Modibbo-Kawu     Gbenga Awoyale     C2c@kwarastate.gov.ng     Bashir Adigun     Ilorin Anchor Men And Women     Muhammad Sirajo Aliyu     Salami Adekunle     Sodiya     Ahman Pategi University     Women Radio     Durbar Festival     Ibrahim Orire     Labaeka     Maja     Laboratory-to-Product     Jani Ibrahim     Yahaya Dumoye     Bashir Omolaja Bolarinwa     College Of Education     Oasis Muslim Care Foundation     Suleiman Abubakar     Dele Belgore     UNILORIN Alumni Association     Rice Farmers Association Of Nigeria     Ilorin Durbar     Magaji Erubu     Neo Mundo Ltd     Isiaka Yusuf     Bello Oyedepo     Yusuf Abdulwahab