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.

Ibrahim Abdulqadir Abikan     Yakubu Shaaba     Kwara South     Abdulkadri Ahmad Alaiye     Gbenga Adebayo     Abdulazeez Uthman     Chikanda     Ita-Ore     Trade Lenda SME Fair     Bayo Ojo     KWSIEC     University Road     Tunde Saad     Solomon Edojah     Lateef Fagbemi     Olatunji Moronfoye     Adamu Jemilat-Baki     Agbarere     Ayo Salami     Kwara Apc     Oko-Olowo     Issa Baba     Doyin Agbamu     Mahmud Ajeigbe     Fola Consultant     Saka Aleshinloye     Federal Road Maintenance Agency     Kale Ayo     Emir Of Ilorin     New Naira Notes     Olosi Of Osi     Oni Adebayo     Eleyele     Ibrahim Abdulkadir Abikan     Abiodun Jacob Ajiboye     KSIRS     Senior Ibrahim Suleiman     Musibau Akanji     Lithium Deposit     Savannah Centre For Diplomacy, Democracy And Development     Salaudeen Oyewale     Ibrahim Abikan     Akorede     Smart School     PAACO-PCL Consortium     Aasiyat Bello Oyedepo     Farouk Salim     Makama Of Ilorin     Ibrahim Abdullahi     Muhammad Ghali Alaaya     Mary Arinde     Omu-aran     Vasolar     Abdulfatai Salman Baakini     International Public Sector Accounting Standards     Folorunsho Alao     Saliu Alamoyo     AGM Professional Services     Obuh     Sulyman Buhari     Ibrahim Abiodun     Haliru Yahaya     Sam Okaula     Grillo     Kola Olota     Afolasade Opeyemi Kemi     Kwara State Governor     IPSAS     Olatunji Abdulmumeen     Mogaji Aare     Amos Bajeh     Ebola     Suleiman Alege Kuranga     Donatus Ejidike     TETFUND     Ibrahim Oniye     V.O. Abioye    

Cloud Tag: What's trending

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

Aliyu Kora Sabi     Sardauna Of Ilorin     Government High School (GHS), Adeta     Shuaib Jawondo     Trader Moni     Yusuf Abubakar     Zubair Folorunsho Erubu     Matthew Okedare     Adebayo Mohammed Kamaldeen     Isiaka Yusuf     Age AbdulKareem     Mahmud Durosinlohun Atiku     IYA ALFA NLA     Michael Nzekwe     Mamman Saba Jibril     Abdulrauf Yusuf     Vasolar Consortium     Aro Yahaya     Amos Bajeh     Idi-Ape     Sanusi Abubakar     Mohammed Saidu     Offa     Abioye Bello     Ndama Al-hassan     Abdulrazaq Sanni     Tunji Folami     Teachers Specific Allowance     David Oyepinola Adedumoye     Iyeru Grammar School     Garba Ayodele Wahab     Jide Ashonibare     AbdulKareem Yusuf Danhawa     Bilikisu Gambari     Eghe Igbinehi     Rotimi Atere     Kwara State Football Association     Abdulmumini AbdulRazaq     Mahmud Babatunde Baker     Dauda Adesola     Bamidele Adegoke     Soffiyyallah Kamaldeen     N-Power     National Information Technology Development Agency     Taofeek Sanusi     Ibrahim Abdulkadir Abikan     Yetunde Balogun     Muslim Media Watch Group Of Nigeria     Quareeb     Rotimi Samuel Olujide     Ilorin Descendants Progressive Union     Adamu Attah     Kishira     Muftau Akanbi Oke     TIIDELab     Na\'Allah     Balogun-Ojomu     NIRSAL     Moji Makanjuola     Saka Asiat Ayinke     Mustapha Akanbi     Olaoye B. Felix     Ahmed Mohammed Rifun     Adanla-Irese     Abdulraheem Yusuf     Sidikat Alaya     Adedeji Onimago     Adama Isa     Neo Mundo Ltd     Yusuf Lanre Badmus     Ilorin Muslim Community     Muhammad Ghali Alaaya     Fawenu     V.O. Abioye     CLAY POT     Ramat Oganija     Academic Staff Union Of Universities