'Why SMEs are unable to access BOI loan in Kwara' - Adediji
The President, Kwara State Chamber of Commerce, Mines and Agriculture (KWACCIMA), Chief Hezekiah Adediji, has expressed regrets over the inability of Small and Medium Scale Enterprises (SMEs) in the state to access the Bank of Industry (BoI)'s N750 million loan facility.
Chief Adediji made the disclosure while addressing newsmen, in Ilorin, as part of preparations for the sixth Kwara State Trade Fair, with the theme: "Unlocking the Potentials of Kwara State for Sustainable Development."
The KWACCIMA boss, who said that the loan facility is yet to be obtained by the enterprises, added that the firms might have found it difficult to meet the bank's requirements. He also said that the development had contributed to slow growth of SMEs business in the state.
He urged members of the business community in the state to register with the organization to benefit overseas training and other business opportunities for their growth, adding that the registration would also expose them to sustainable development.
He said the trade fair, billed to hold between the 22nd and 31st of October, 2012, would expose public and private enterprises, adding that local and state governments, including Chinese companies were already in the state to participate in the fair.
He also called on local and foreign investors to tap from accruable benefits of the trade fair, adding that the state is blessed with abundant natural and mineral resources.
Chief Adediji, who said the fair would meet international standard, added that it would accommodate about 200 stands, excluding walkways and parking spaces, and assured participants of adequate security, as all security agencies in the state have been contacted.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Idris Amosa Oladipo Saidu Shururat Olatinwo Nigerian Medical Association Balogun-Ojomu Doyin Agbamu Convocation Ceremonies Shonga Farm Project NAWOJ Forgo Battery Company Limited Olam Food Ingredients Amuda Musbau Kayode Ibrahim Special Agro-industrial Processing Zone Samuel Adaramola Aro Yahaya Association Of Kwara State Online Media Practitioners Ebun-Olu Adegboruwa Yunus Oniboki Paul Odama Kwara Liberation Group Yahaya Oloriegbe Chief Imam Of Ilorin QuickWin Women For Change And Development Initiative CT Ayeni Olohungbebe Salihu Alhaji Musa Bamidele Adegoke Oladimeji Abdulrasheed Lafia Nigeria Computer Society Overland Abdulkadir Akanbi-Oke Ministry Of Women Affairs And Social Development Hauwa Nuru Government House Shaaba Lafiagi Hussein Olokooba Yakub Ali-Agan Democracy Day Egbejila Jebba Kwarareports Isiaka Alikinla Aisha Ahman-Pategi Akeem Lawal Roheemat Hammed Abdulwahab Olarewaju Issa Temitope Ogunbanke S.O. Opowoye Abdulmumini Sanni Jawondo Okin High School LABTOP Tanke Bayo Lawal Amoyo V.O. Abioye Abubakar Suleiman Ajase-Ipo Ile Arugbo Muhammed Taofeeq Abdulrazaq Olosi Of Osi Toyin Olayinka Tejidini Lanre Issa Onilu Face Masks Elerinjare-Ibobo Habeeb Abdullahi Al-Ilory John Kehinde Salako James Ayeni Facebook Salami Adekunle BECE Idowu Laro Olusegun Adeniyi David Adesina Idiagbon Abubakar Abdullahi Bata Esinrogunjo