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 State Sports Commission     Kunle Suleiman     Centre For Community Empowerment And Poverty Eradication     Olatinwo     Paul Odama     Taofik Mustapha     Ilorin West     Idofin     Abdulmumin Yinka Ajia     Abdulkadri Ahmad Alaiye     Kisra     Saliu Oluwole     Ubandoma     Bamidele Aluko     Societe Generale Bank Of Nigeria     Yunus Lawal     Pilgrims Board     Olumide Daniel Ibitoye     Otuka     Yashikira     Amusement Park     Ganmo     Alaaya     Abdulkadir Remi Hawawu     Kwara Polytechnic     Moses Adekanye     Alapado     Marafan Shonga     Doyin Group     Chief Imam Of Omu-Aran     Saka Asiat Ayinke     Saheed Alakoso     Gani Saadu     Niyi Osundare     Sadiq Buhari     Femi Gbajabiamila     Gambari     Isau     Obayomi Azeez     Oke-Odo     Ishola Moses Abiodun     Offa     Ilorin Metro Park     Aishatu Ahmed Gobir     Jebba     Oba David Oyerinola Adedunmoye     Col. Taiwo     Omupo     Adeola Abraham     Abdul-Rasheed Na\'Allah     Sulyman Buhari     Ibrahim Agboola Gambari     David Adesina     Abraysports FC     Centre For Peace And Strategic Studies     Ibrahim Abikan     Saka Keji     Monthly Sanitation     Gwanara     Muslimah Entrepreneurship Forum     Raymond Olaitan     Baba Adini Of Kwara State     KWTV     Bukola Ajikobi     CCB     Garba Idris Ajia     Durbar Festival     Senate Presidency     Ilesha Gwanara Road     Baba Idris     Agbarigidoma     Chief Of Staff     Abdullahi Saadudeen Alikinla     Lawan     T And K FOODS     Suleiman Alege Kuranga     Toyin Falola    

Cloud Tag: What's trending

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

Kwara TV     Femi Oladiji     Tafida Of Kaiama     Kwara United     Abubakar Atiku     AGF Abdulrazaq     Abubakar Abdullahi Bata     Ebun-Olu Adegboruwa     Tsado Manman     Wahab Isa     Micheal Imodu-Ganmo Road     Solomon Edojah     Micheal Imoudu     Jare Olatundun     Yomi Ogunsola     Isiaka Alikinla     Ridhwanullah Al-Ilory     Sheriff Shagaya     Quarry Royal Valley     David Oyerinola Adedunmoye     Chief Imam Of Ilorin     Ambassador Kayode Laro     Ramadhan     Olabanji Orilonishe     Mohammed Haruna     KWASEIC     Jeunkunu-Malete-Bani     James Ayeni     Oba Sulaiman Asude     Olofa Of Offa     Bursary     Abdulkadir Remi Hawawu     Tafidan Kaiama     Muhammadu Buhari     BECE     Kazeem Oladepo     Pakata Development Association     Baba Issa Awoye     IQRA College     Jaiz Bank     John Olobayo     Shehu Adaramaja     Kwara Restoration Project     Oni Adebayo     Sulyman Atolagbe Alege     Jide Oyinloye     Dele Momodu     Baakini     Gamji Members Association     Lateef Ademola Olatunji     Abiodun Abdulkareem     Basit Olatunji     Principal Private Secretary     Christian Association Of Nigeria     Mahee Abdulkadir     Students Union Government     Dankaka     Toyin Falola     EFCC     Abdulkareem Alabi     Alfa Yahaya Road     Kisra     Alliance For Democracy     Raji Ayodele Kamaldeen     Alimi Abdulrazaq     Council Of The Wise     Mohammed Lawal Bagega     Ibrahim Abikan     Olanrewju Okanlawon Musa     Dogara     Akom Construction And Engineering Synergy Ltd     Noah Yusuf     Sa\'ad Alanamu     Joshua Adeyemi Adimula     Mohammed Abdulahi     Abdulkadir Bolakale Sakariyah     Kayode Zubair