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.

Ahman Pategi     Ariyo     GANZY     Kumbi Titilope     Dairo Kunle Paul     Funmilayo Mohammed     Balogun Fulani     AGF Abdulrazaq     George Funsho Adebayo     Ayo Opadokun     Yoruba     Suleiman Abubakar     Onilorin Of Ilorin     Afolabi-Oshatimehin Adenike Harriet     Crystal Corner Shops     Imam Gambari     Ilesha-Baruba     Shuaibu Yaman     Khadijat Ayoola Yusuf     Yusuf AbdulRasheed     Razaq Atunwa     Kwara     Hikmah AbdulKareem     All Confederation Of Principals Of Secondary Schools     Umar Ayinla Saro     Peter Obi     Offa     New Naira Notes     Ibrahim Taiwo Road     Yusuf Abdulkadir     Okiki     Gbajabiamila     Akom Construction And Engineering Synergy Ltd     Erubu Oba Zubair     Irepodun     Lola Ashiru     Kulende     Ilorin Muslim Community     AbdulHakeem Ajibola Akanbi     Tanke     Raimi Iyanda     Prince Sunday Fagbemi     Abdulrahman Abdulrazaq     Kwara Primary Health Care Development Agency     Muhammad Yahya     Balogun-Ojomu     Issa Memunat Moyosore     Saba Mamman Daniel     Riskat Opakunle     Rafiu Ibrahim     Trader Moni     Sulyman Age AbdulKareem     Kpotum Mohammed Baba     Face Masks     Tunde Saad     Abdulkadir Akanbi-Oke     Labour Party     Saadu Yusuf     Egbewole     Ilorin Durbar     Olota Of Odo-Owa     Tayo Awodiji     Valsolar Consortium     Bisi Kristien     Abdulwahab Ololele     Abdulkareem Alabi     Awoye     Borgu     IYA ALFA NLA     Shaaba Lafiagi     Orisa Bridge     Ramadan     Wahab Egbewole     Apaokagi     CCEPE     Babata     Oya State    

Cloud Tag: What's trending

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

Government High School Adeta     Kayode Ibrahim     COVID     John Dara     Rafiu Ibrahim     TVC Female National Debate     Ilesha-Baruba     Amoyo     Adamu B. Yaqubu     Pilgrims Board     Hamidu Olowo     Isiaka Danmeromu     Ayegbeni     Gbenga Olawepo     Kayode Issa     Oye Tinuoye     Sulyman Age AbdulKareem     Taofik Abdulkareem     Naira Redesign     Olumide Daniel Ibitoye     Saad Omo Iya     Rihanat Ajia     College Of Health     Bamikole Omishore     Third Estate     Baruten     Ilorin Metro Park     Wahab Isa     Village Alive Development Association     Laolu Saraki     Abdulmumini Jawondo     John Olobayo     Code Of Conduct     Joana Nnazua Kolo     Abdulmajeed Wahab     MMWG     Bio Ibrahim     Afusat Nike Ibrahim     Segun Ogunsola     Saka Balikis Kehinde     Abdulrasheed Na\'Allah     Abdulrahman Abdulrazak     Elerin Of Adanla     Mohammed Jimoh Faworaja     Markaz Arabic And Islamic Training Institute, Agege     Bisi Oyeleke     AbdulRazaq Jiddah     Jani Ibrahim     Oyun     Aiyedun     JUSUN     Adebayo Salami     Lasiele Alabi Yahaya     Kwara State Branch Of The National Library     Kayode Oyin Zubair     Yashikira     Iponrin     Joseph Bamigboye     SWAN     Vasolar     Sulyman Abdulkareem     Aminu Adisa Logun     Nigeria Customs Service     Tunji Oyawoye     Ibrahim Jawondo     Press Release     Metro Park     Mary Kemi Adeosun     Abdul-Rasheed Na\'Allah     Bareke     Oju Ekun Sarumi     Gurei     Alfa Yahaya Road     Valsolar     Gbenga Adebayo     Kishira     Kwara South