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.

Aso-ofi     JMK Construction Company Limited     Kisra     Ahmad Olayiwola Kamaldeen     Toyin Falola     Hajj     Democracy Day     Olupako Of Share     Najim Yaasin     Idris Garba     Dogara     SWAN     Kayode Laro     Allocation     Tope Daramola     Yahaya A Paniyaro     University Road     Majlis For Sadakah, Zakat And Waqf     Medinat Folorunsho Salman     Arandun     Alabere     Ibrahim Taiwo Road     Kwara State Governor     Association Of Kwara State Online Media Practitioners     Yusuf Badmus     Femi Ogunsola     Suleiman Yahya Alapansapa     Toyin Olayinka Tejidini     AGF Abdulrazaq     Aliyu Kora-Sabi     Quran     Ayekale     Idi-Ape     Olatunde Michaels     Cornelius Adebayo     Taofik Mustapha     Abdulrahman Abdulrazak     Abdulazeez Arowona     Nigeria Customs Service     Funmilayo Zubair     United Nigeria Airline     Ganmo Power Sub-Station     Amos Justus Sayo     Lukman Oyebanji Fagbemi     Durbar Festival     Afolabi-Oshatimehin     Khairat Gwadabe     Solomon Edojah     Agboola Abdulraheem     The Herald     Olayinka Are     Kola Bukoye     Turaki     Junior Secondary School Certificate Examinations     IsDB     Umar Bayo Abdulwahab     Ballah     Gani Saadu     Halidu Danbaba     Olatunji Ibrahim     Aro Yahaya     GAMA     Afolasade Opeyemi Kemi     Woro     Geri-Alimi Split Diamond Interchange     John Kehinde Salako     Kwara Metro Park     Raji AbdulRasaq     Shuaibu Yaman     Micheal Imodu-Ganmo Road     Harrison Osauwagboe     Alliance For Democracy     Osi     Yusuf Ibitokun Sherifat     Folorunsho Erubu     Busari Toyin Isiaka     Taofeeq Olateju    

Cloud Tag: What's trending

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

MalHub     Emir Of Lafiagi     Elerin Of Erin-Ile     Musa Yeketi     Alabi Lawal     Abdulmumin Yinka Ajia     Isiaka Oniwa     Justina Oha     Oke-Ero     Aminat Omodara     Olaitan Adefila     Third Estate     Danladi     08001000100     Olayinka Oladapo Jogunola     KWIRS     Doyin Group     Abdullah Janet Amudat     Yahaya Dumoye     Senate     Ajike People Support Centre     Tafidan Kaiama     Ibrahim Taiwo Road     Ile Arugbo     Kola Ologbondiyan     Abdulkareem Alabi     AbdulRahman Saad     Funke Adedoyin     Taofeek Ibraheem     Moshood Kashimawo Abiola     Florence Saraki     Shuaib Abdulkadir     Adijat Adebiyi     Joana Nnazua Kolo     Kunle Suleiman     Apado     School Of Nursing     Olabode George Towoju     Raji Ayodele Kamaldeen     New Nigeria People’s Party     Lanre Issa-Onilu     Kwara Consultative Forum     Post Utme     Abiodun Oyedepo     Musbau A. Akanji     Islamic Development Bank     Tosin Saraki     Kwara State Infrastructure Development Fund     Bayo Onimago     Kwara Central     Village Alive Development Association     Yakubu Gobir     Aso-ofi     Esuwoye     Atunwa     Rotimi Samuel Olujide     Ilorin South Constituency     Oluronke Adeyemi     Olayinka Jelili Yusuf     Yahaya Jibril Usman     MMWG     Kale Ayo     Iponrin     Mohammed Khadijat Kubura     Quranic Recitation Competition     David Adesina     Lasiele Alabi Yahaya     Toyin Abdullahi     Mohammed Abdulahi     Aliyu Muhammad Saifudeen     Haruna Olawale Sulaiman     Abdulmalik Bashir Mopelola Risikatullahi     Yahaya Oloriegbe     CACOVID     Olusola Saraki     Sambo Murtala     Ilorin Metro Park