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.

Imodoye Writer’s Enclave     Umar Gunu     Rafiu Ajakaye     Ilorin Amusement Park     Ganiyu Taofiq     Isiaka Alikinla     Chief Of Staff     AbdulRaheem Ahmad Shayi     Ahmed Idris Mohammed     Revenue Court     Sardauna Of Ilorin     Akande Idowu Ayoola Muhammed     Eghe Igbinehi     Ahmed     Oladipo Akanmu Tolani     Abraham Ojo     Unilorin FM     Ministry Of Women Affairs And Social Development     Abdullahi Atanda     Orire     Saka Onimago     Islamic Development Bank     Women Radio     Bashirat Bola Bello     Council Of The Wise     Khairat Gwadabe     Buhari     Women For Change And Development Initiative     Obayomi Azeez     Falokun-Oja     Gbenga Adebayo     Daud Adeshola     Kola Ologbondiyan     Haleeman Salman     Lukman Adeloyin     Ilorin Emirate Staff Association     Kwara State Council Of Chiefs     Tinubu Legacy Forum     Valsolar Consultoria     Olayinka Jelili Yusuf     VADA     Oloje     Lasiele Alabi Yahaya     Oluwatoyin Lukman     SSUCOEN     Yemi Sanni     Abdulfatah Ahmed     Afeyin-Olukuta     KwaraLearn     Muslim Stakeholders Of Kwara State     Babata     IEDPU     FERMA     Bolakale Kawu Agaka     Mansur Alfanla     Salihu S. Yaru     Sadiq Umar     Lucky Omoluwa     Shonga Farm Project     Umar Ayinla Saro     Prince Sunday Fagbemi     Tuesday Assayomo     Popo-Igbonna     Olumide Daniel Ibitoye     Obasanjo     Tunde Mukaila Mustapha     Baruba     Aisha Abodunrin Ibrahim     Ilesha-Baruba     Idris Garba     Sherif Sagaya     Niyi Ogundiran     Adedeji Onimago     Afonja     Nigeria Association Of Women Journalists     Jumoke Monsura Gafar     Muazam Nayaya    

Cloud Tag: What's trending

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

Ahman Pategi     Oyelere Oyinloye     Okasanmi Ajayi     Shonga Farm Project     Basic Education Certificate Examination     Fatima Abolore Jimoh     Aisha Abodunrin Ibrahim     Rafiu Ajakaye     Bilikisu Oniyangi     Jimoh Olusola Imam     Iliasu     Sola Saraki Educational Foundation     Aremu Bose Deborah     Osinbajo     Shettima Of Ilorin     Kehinde Baale     Abdulrazaq Solihudeen     Abubakar Kawu Baraje     Babatunde Idiagbon     Shuaib Boni Aliyu     Doyin Group     Baaziki Sulaiman     Bayo Ojo     Ahmed Alhasssan     Suleiman Yahya Alapansapa     Hassanat Bello     Kehinde Boyede     Photo News     National Broadcasting Commission     Lanre Jimoh     Sobi Hill     Abdulrahman Iliasu     Lukman Adeloyin     Oluronke Adeyemi     April 11     Neo Mundo Ltd     CCT     Kudirat Arinola Lawal     Bolaji Abdullahi     Sambo Murtala     Ojuekun Sarumi     Umar Sanda Yusuf     Sabi     Oba Abdulrahim     Mahmud Ayinla Giwa     KWASAA     Sanitation Exercise     Ahmed \'Lateef     Sarah Alade     Suleiman Rotimi Iliasu     General Tunde Idiagbon International Airport Ilorin     General Hospital     Afin Descendants Union Of Odo-Owa     Aliyu Olatunji Ajanaku     Ibrahim Abduquadri Abikan     Ali Ahmad     Mohammed Jimoh Faworaja     C2c@kwarastate.gov.ng     SARS     IDPU     Yusuf AbdulRasheed     Sanusi Abubakar     Elewu     Kale Belgore     AGILE Programme     Shettima     Moshood Bakare     Mutawalle     Bashirat Bola Bello     University Road     Abubakar Baba Sulaiman     Yahaya Muhammad     John Dara     Saheed Akinwumi     Olaitan Buraimoh     Agbarere     Deji Ajani