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.

Olatunji Ayeni     NULGE     Olabanji Orilonishe     Muhammed Mahe Abdulkadir     Akanbi-Oke     Aliyu Olatunji Ajanaku     Kwara State Council Of Chiefs     Raji AbdulRasaq     Muftau Akanbi Oke     Olukotun Of Ikotun     Akom Construction And Engineering Synergy Ltd     Ahmad Fatima Bisola     Rueben Parejo     Halimah Perogi     Playing Host     AbdulKareem Yusuf Danhawa     Babajide Ajayi     Offorjama     Elekoyangan     Yetunde Balogun     Charles Ibitoye     Raliat AbdulRazaq     Toyin Saraki     Abubakar Abdullahi Bata     TIC     Rafiu Ajakaye     Michael Imoudu National Institute For Labour Studies     Saidu Isa     Mubarak Oladosu     Abdul Jimoh Mohammed     Yusuf Lanre Badmas     Abdulrahman Abdulrazaq     Bankole Omisore     Nupe     Share     Omupo     Hamidat Sulyman-Yusuf     Mahfouz Adedimeji     Abdulrazaq Solihudeen     Ariyo     Farouk Salim     Christopher Ayeni     Donatus Ejidike     Afeyin-Olukuta     Taiwo Joseph     Dan Masanin     Kawu     Peter Obi     Alabi Lawal     Hassanat Bello     Madawaki Of Ilorin     Opaleke Bukola Iyabo     Mopelola Abdulmaliq-Bashir     Suwa-Arabs     Lateef Alagbonsi     Ibrahim Bio     Doyin Group     Arinola Fatimoh Lawal     Oni Adebayo     Durosinlohun Atiku     COEASU     Ahmad Olanrewaju Belgore     Dankaka     Mohammed Lawal     NTA Ilorin     Woro     Samuel Adedoyin     Apata Ajele Secondary School     Jimoh Olusola Imam     Muhammad Sirajo Aliyu     Moshood Bakare     Kwara State Television (KWTV)     LEAH Charity Foundation     Kehinde Baale     Sobi FM     Earlyon Technologies     Emmanuel Olatunji Adesoye    

Cloud Tag: What's trending

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

Islamiya Abdulraheem     Kwara Volleyball Association     Overland     Marafan Shonga     Ilesha-Gwanara     Zaratu Umar     Tescom.kwarastate.gov.ng     Igosun     Dagbalodo     Abdulrazaq Solihudeen     Abdulkadri Ahmad Alaiye     State Bureau Of Internal Revenue     Agbarere     Democracy Day     Tosho Yaqub     Ekiti     Olaosebikan     Pakata     Nigeria Governors\' Forum     Yoonus Lawal     Zainab Abass     Olufolake Abdulrazaq     Hauwa Nuru     Mope Dasuki Belgore     Kawu Baraje     General Tunde Idiagbon International Airport     Taofik Abiodun Ahmed     Ilorin Emirate Stakeholders Forum     Iliasu     Adeniyi Ojo     New Nigeria People’s Party     Abdulganiyu Oladosu     Abubakar Baba     International Public Sector Accounting Standards     Biliaminu Aliu     Ishaq Salman     Diagnostic Centre     Kwara State Sports Commission     3MTT     Marufat Oladosu     Amule     Apado     Saad Belgore     Olaiya Zuberu     Michael Imoudu National Institute For Labour Studies     Mustapha Olanipekun     Katibi Ibraheem Adeola     Naira Redesign     AGF Abdulrazaq     Maryam A. Garuba     Modibbo Kawu     Ibrahim Abiodun     Bolakale Kawu     Hassan Oyeleke     Oke-Oyi     Edret Sabi Abel     Oba Abdulraheem     Yusuf Olaolu Ali     IHS Towers     Yahaya Abdulkareem     Musa Ayinla Yeketi     Gobir Organization Foundation     Lasiele Alabi Yahaya     Siraj Oyewale     Isau     Alloy Chukwuemeka     Olukotun Of Ikotun     LAK Jimoh     Teachers Specific Allowance     Kisra     Peter Amogbonjaye     All Peoples Party     Monsurat Omotosho     Kwara State Branch Of The National Library     Centre For Community Empowerment And Poverty Eradication     Obuh     Mamman Saba Jibril