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.

Abiodun Oyedepo     Harmony Holdings     Sarakite     April 11     Mumeen Lah     07039448763     NYSC     Mumini Ishola Hanafi     Jimoh Bashir     Hakeem Idris     Gafaru Olayiwola Olorisade     SDP     Balogun Fulani     Split Diamond Interchange     Taiwo Joseph     Raliat AbdulRazaq     Ayo Salami     Bola Magaji     Umaru Saro     UNILORIN Alumni     Kayode Oyin Zubair     Opolo Global Innovation Limited     Kwara State Fish Farmers Association     Yusuf Abdulkadir     Kwara State Coalition Of Business And Professional Associations     Igbaja     Boko Haram     Lanre Olosunde     Sulyman Tejidini     Irepodun     Ahmed Saidu Rufai     Niyi Ogundiran     Elerin Of Erin-Ile     Lotus Bank     Maja     Amuda Musbau     Ayedun     Age AbdulKareem     Nigeria Foundation For Artificial Intelligence     Isiaq Khadeejah     Alore     Gbenga Olawepo     Lanre Badmas     Gobir Organization Foundation     Shaykh Luqman Jimoh     Mohammed Ajia Ibrahim     Bola Ahmed Tinubu     Sheikh Ridhwanullah El-ilory     Sam Onile     Congress For National Consensus     Bolaji Nagode     George Innih     Justina Oha     Hassan Taiye Salam     Adesoye College     Maimunat Oloriegbe     Dan-Kazeem     Mazars Consulting     Paul Olawoore     Shonga Farm Project     ER-KANG     Lateef Alagbonsi     Baba Adini Of Kwara State     Saba Mamman Daniel     Adedeji Onimago     Ajikobi     Kwara 2015     Yusuf Abdulwahab     Mike Omotosho     Suwa-Arabs     Special Agro-Industrial Hub     Adesina Simon Sodiya     Gambari     Students Union Government     Muhammad Akande Olarewaju Odunade     Kisra     Sulyman Buhari    

Cloud Tag: What's trending

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

Alumni Association Of The Federal Polytechnic Offa     HICA     Ibrahim Issa Jetti     Ahmed Bolaji Nagode     Colleges Of Education Academic Staff Union     Abdulrahman Abdulrasak     Lithium Deposit     Hausa     JUSUN     Sarakite     Lawal Jimoh     Tsaragi-Share     Third Estate     Isaac Aderemi Kolawole     Abiodun Musa Aibinu     Ayinde Oyepitan     Taibat Ayinke Ahmed     TESCOM     John Olajide Adedipe     Abdulmalik Bashir Mopelola Risikatullahi     Kazeem Oladepo     Baba Idris     Ekweremadu     Susan Modupe Oluwole     Musa Ayinla Yeketi     Maryam Ado Bayero     Garuba Alikinla Shittu     Abdulhakeem Adelaja Amao     Ilorin Anchor Men And Women     Amada Jidda     Ramat Oganija     Mohammed Yisa     Dauda Adesola     Tafida Of Kaiama     Ishola Moses Abiodun     Taofeek Sanusi     AbdulQowiy Olododo     Monthly Sanitation     Rapheal Ashaolu     Lanre Olosunde     Kwara State Coalition Of Business And Professional Associations     Femi Agbaje     Olofa Of Offa     Sabitiyu Grillo     Ibrahim Taiwo     Abubakar Abdullahi Bata     Asa LGEA School     Makama     Ubandoma     Kunle Suleiman     Taofeek Ibraheem     Afin Descendants Union Of Odo-Owa     Isiaka Saka Opobiyi     Adamu Atta     Seed Technologies     Christopher Odetunde     NIPR     Funke Adedoyin     Diagnostic Centre     Issa Manzuma     Mohammed Abduraheem     Abdulkarim Adisa     Amos Bajeh     Fawenu     Ohoro Of Shao     Ophthalmological Society Of Nigeria     Lateef Ademola Olatunji     Muazam Nayaya     Ilorin West     Bolaji Aladie     Pategi     Kwara State Polytechnic     Olaoye B. Felix     Jare Olatundun     Magaji Erubu     Bola Tinubu     Kwara State Fire Service