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.

Kwara Muslim Pilgrims Welfare Board     Razaq Ayobami Akanbi     Ibrahim Oniye     Atiku Abubakar     Bello Bature     Association Of Kwara State Online Media Practitioners     Oniwasi Agbaye     Abdulrahman Abdullahi Kayode     Olatomiwa Williams     Akorede     Kayode Oyin-Zubair     Sebastine Obasi     Jaigbade Alao     Salman Suleiman     Abdulmumini Jawondo     Oloriegbe     Oyelere Oyinloye     Olabimpe Olani     Pakata     Galland Marcias     Yetunde Balogun     Afusat Nike Ibrahim     SWAN     Bisi Kristien     Henry Makinwa     Tunji Oyawoye     Abubakar Imam     Abatemi-Usman     Sardauna Of Ilorin     Abdulrasheed Lafia     Ejidongari     Abdulrasheed Na\'Allah     Odogun Olushola Gabriel     Theophilus Oyebiyi     Simon Sayomi     Abdulkadir Jimoh     Mahmud Ayinla Giwa     Hausa     Saraki     NITDA     Kwara State Fish Farmers Association     Mohammed Ajia Ibrahim     Saliu Mustapha     Mohammed Yisa     ITEM 7     Baba Adini Of Kwara State     Kamaldeen Gambari     Federal Polytechnic Offa     Ayo Salami     Sulyman Abdulkareem     Valsolar Consortium     Royal FM     Offa Descendants Union     Mopelola Abdulmaliq-Bashir     Umar Danladi Shero     Innocent Okoye     Kaosarah Adeyi     Olusin Of Ijara Isin     Adekunle David Dunmade     Haashim Initiative For Community Advancement     Owo Isowo     Saka Onimago     Ganmo Power Sub-Station     Ajuloopin     Kwara State Polytechnic     Kwara State Infrastructure Development Fund     Forgo Battery Company Limited     HAMFAT Clinic And Maternity     Iyabo Adewuyi     Saliu Ajia     Isiaka Gold     Kazeem Oladepo     Labaeka     Tafidan Kaiama     Maigida     Durbar Festival     Dunmade    

Cloud Tag: What's trending

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

Isiaq Khadeejah     Raliat AbdulRazaq     Adebayo Mohammed Kamaldeen     Onilu     RTEAN     IF-K     AbdulQowiy Olododo     Share     Yekeen Alabi     Valsolar     Sunday Fagbemi     Sulu Babaita Isiaka     Amos Bajeh     Olomu Of Omu-Aran     MAI Akande     Yekini Adio     Adamu Jemilat-Baki     Rihanat Ajia     Kolade Solagberu     Ado Bayero     Esinrogunjo     Michael Ologundea     Hussein Oloyede     Afetu Of Alabe     Durosinlohun Kawu     Suleiman Mora Omar     Fatimoh Lawal     CBT     Laboratory-to-Product     20 Billion Bond     IPSAS     Ilorin Descendants Progressive Union     Valsolar Consultoria     Gurei     Convocation Ceremonies     Atunwa     Lasiele Alabi Yahaya     Ibraheem Abdullateef     Kwara State Printing And Publishing Corporation     Magaji Erubu     Kwabes     Al-Adaby     Young Progressives Party     Ayegbeni     Ibrahim Abdullahi     Ayobola Ipinlaiye     Oja-Oba     Abdulrazaq Adebayo     Saliu Tunde Bello     Damilola Yusuf Adelodun     Sarafadeen Kayode Akorede     Earlyon Technologies     Ilorin Metro Park     Public Holiday     Eruku     Salihu Yahaya     Societe Generale Bank Of Nigeria     QuickWin     Olayinka Olaogun     Abdulkadri Ahmad Alaiye     Ilorin West     CACOVID     Abiodun Oyedepo     Ilorin East     Ariyo     Elewu     ITP     Garba Ado Sanni     Lawal Jimoh     Idiagbon     Bayo Lawal     Ben Duntoye     Dumagi     Galadima     Halimah Perogi     Hameed Oladipupo Ali     Folaranmi Aro