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.

Shola Odetundun     Noah Yusuf     Abdulwahab Oba     Saudat Abdulbaqi     Sheikh Ridhwanullah El-ilory     Tunji Arosanyin     Amada Jidda     Riskat Opakunle     Abdulazeez Arowona     Yekeen Alabi     Arandun     Ibikunle Ogunleye     Bamidele Aluko     Oko-Olowo     Musa Ayinla Yeketi     Ademola Kiyesola     Kunle Suleiman     Rueben Parejo     Adamu Attah     Ajeigbe     Fareedah Dankaka     Kazeem Oladepo     Sango-UITH Road     Ambassador Kayode Laro     Tunji Olawuyi     Ishola Abdullahi     Gbemisola Oguntimehin     Jeunkunu-Malete-Bani     IDPU     Abdulrazaq Aiyelabegan     Government Girls’ Day Secondary School Pakata     Olosi Of Osi     Katibi Ibraheem Adeola     Irepodun     Oluronke Adeyemi     Akom Construction And Engineering Synergy Ltd     Tayo Alao     Michael Ologundea     Gafaru Olayiwola Olorisade     Kehinde Boyede     Bola Sagaya     Sulyman Abdulkareem     Kamaldeen Gambari     Lai Gobir     Orisa Bridge     Egbejila     Sheikh Ariyibi     Olawuyi     Ahmad Belgore     Olatinwo     Yahaya Muhammad     HICA     Kazeem Adekanye     Share/Tsaragi     Kemi Adeosun     Bola Olukoju     Ile Arugbo     Muslim Cementary     Tescom.kwarastate.gov.ng     Akume     Y.A. Abdulkareem     Ogidi-Oloje     COVID     Otuka     Wahab Egbewole     Olaiya Victor Mobolaji     Abdulmalik Bashir Mopelola Risikatullahi     Abdulrahman Iliasu     Oloruntoyosi Thomas     Alore     Solomon Edojah     Omoniyi M. Ayinla     Joseph Alex Offorjama     Aiyedun     Kwara Politics     Tsaragi/Share     2017 Budget    

Cloud Tag: What's trending

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

Kwara Apc     John Obuh     Nigeria Governors\' Forum     Ali Ahmad     Ahmed Shuaib Buranga     Ethical College     Halimah Perogi     Emir Of Ilorin     Dumagi     Shoprite     Henry Makinwa     Christopher Ayeni     KWTV     Saidu Kawu     Kabir Shagaya     Iliasu     AbdulGaniyu Kareem     Zainab Abass     Lola Olabayo     Rice Farmers Association Of Nigeria     Ramadan     Oladipo Akanmu Tolani     Oko Erin     Gabriel Fashanu     Tafidan Kaiama     Ahmed Dankaya     Lukman Oyebanji Fagbemi     Tunji Arosanyin     Alaro     Mohammed Lawal     Segun Abifarin     Kishira     Federal Allocation     Ibrahim Taiwo     Shettima Of Ilorin     Femi Gbajabiamila     Tope Daramola     Isiaka Alikinla     Iyiola Oyedepo     Adeniyi Ojo     Mike Omotosho     Young Progressives Party     REO CAKES     Baboko     Taofeek Ibraheem     ENetSuD     Gbemisola Saraki     Saheed Akinwumi     Rotimi Samuel Olujide     Okiki     AbdulKareem Yusuf Danhawa     Ahman Pategi     Yinka Aluko     Moses Salami     Alaiye     Elerin Of Adanla     Eleja Taiwo Banu     Iqra Books     Bola Magaji     Afeyin-Olukuta     Special Agro-Industrial Hub     Sulaiman Gado     Obasanjo     NFAI     Aisha Ahman-Pategi     Oke-Oyi     Saad Belgore     Yusuf Abdulraheem     Ndama Al-hassan     Bukola Saraki     Donatus Ejidike     Babaloja-General     Omoniyi     Kudirat Arinola Lawal     Eleja     Simeon Ajibola     Ilorin South Constituency