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.

Umar Sanda Yusuf     Moji Makanjuola     Afusat Nike Ibrahim     Special Agro-industrial Processing Zone     Oba Of Jebba     CCB     Sam Okaula     BECE     Magaji Nda     Onilu     David Oyedepo     Abdulrazaq Akorede     Jaigbade Alao     Prince Mahe Abdulkadir     MalHub     AbdulKareem Yusuf Danhawa     Moses Salami     Durbar Festival     Ghali Muhammed     Kola Adesina     Abdulrasheed Lafia     Ayodele Kuburat Olaosebikan     Bello Bature     Saka Balikis Kehinde     Apaokagi     Okin Malt     Abubakar B.M     Wole Oke     Ahmad Lawan     Mahee Abdulkadir     SSA Youth Engagement     Ilorin Descendants Progressive Union     Erubu Oba Zubair     Aliyu Umar     Deji Ajani     Yusuf AbdulRasheed     Saheed Popoola     Memunat Monsuma     SUBEB     Ilorin Talaka Parapo     Alaro     Waziri Yakubu Gobir     Bamidele Adegoke Oladimeji     NNPP     Oyin-Zubair     Arinola Lawal     Solomon Edojah     Kishira     Old Oyo     Ajasse-Ipo     Assayomo     Yusuf Abdulkadir     Ella Supreme Tissue Paper     N-Power     Saliu Oluwole     Elerinjare     Col. Ibrahim Taiwo     John Obuh     Jimoh Akani     Folaranmi Aro     Abdulkadir Akanbi-Oke     Akeem Olatunji     Bio Ibrahim     Gbemisola Oguntimehin     Lai Gobir     Awwal Jawondo     CCEPE     Hajj     Mohammed Saidu     JSSCE     All Confederation Of Principals Of Secondary Schools     Ahmed Dankaya     Haruna Olawale Sulaiman     Moshood Mustapha     Abdulrahman Abdulrasaq     Bolakale Ayo     Ilorin International Airport    

Cloud Tag: What's trending

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

Moshood Bakare     Elerinjare     Onilorin     Sa\'ad Alanamu     IHS Towers     Kwara State Health Insurance Agency     Suleman Abubakar     Damilola Yusuf     Ohoro Of Shao     Mutawali     Benin Republic     Saka Isau     Tunde Idiagbon Road     Akorede     CT Ayeni     Shuaibu Yaman     Alimi     Omupo     Yetunde Balogun     Mohammed Yahaya Barki     Baba Issa Awoye     Lasiele Alabi Yahaya     Harmony Holdings     Moses Salami     Folashade Omoniyi     Mujtabah Bature     Jide Ashonibare     Asa LGEA School     Oladipo Akanmu Tolani     Sebastine Obasi     Shaaba Lafiagi     Salary     First Lady     Kwara 2015     Yoonus Kola Olatinwo     Waheed Ibrahim     Iqra Books     Apado     Ahmed \'Lateef     MAI Akande     Adijat Adebiyi     Kwara State Government     Saka Balikis Kehinde     Sarakite     CLAY POT     Egbejila     Bolakale Kawu Agaka     Adesoye     Ambassador Kayode Laro     Moses Rahman Popoola     Ejidongari     Alabere     Alabi Olayemi Abdulrazak     Oyedepo     Aasiyat Bello Oyedepo     Amuda Bembe     Ishaq Salman     Kolo     Katibi Ibraheem Adeola     Alumni Association Of The Federal Polytechnic Offa     Olupako Of Share     Lanre Badmas     Hydroelectric Power Producing Areas Development Commission     Bola Magaji     Toyin Olayinka Tejidini     Matthew Okedare     Shade Omoniyi     Aminat Ahmed     Aminu Ado Bayero     Adedayo Yusuf Abdulkareem     Mohammed Saidu     Oniyangi Kunle Sulaiman     Bibire Ajape     Simeon Ajibola     SDP     Saidu Yaro Musa     Modupe Oluwole