'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.
Otunba Taiwo Joseph All Peoples Party Ita-Ore Kaosarah Adeyi Alaiye JAMB HAMFAT Clinic And Maternity TIIDELab Chartered Institute Of Personnel Management Of Nigeria New Naira Notes Kehinde Baale Ishola Moses Abiodun Yakub Ali-Agan Amule TIC Lawal Arinola Kudirat UNILORIN Alumni Gbenga Adebayo Ojo Fadumila Kwara Primary Health Care Development Agency Afusat Nike Ibrahim Nigerian Army Alumni Association Of The Federal Polytechnic Offa Vasolar Toun Okewale-Sonaiya Ayodele Olaosebikan Jimoh Olusola Imam Yoruba Abdulganiy Abimbola Abdussalam AbdulRauf Keji Kwara Teaching Service Commission Kwara-SAPZ Project Wahab Egbewole Adewuyi Funmilayo Ayo Salami Olayinka Jelili Yusuf Ganiyu Abolarin Kayode Yusuf Aliyu Muyideen Mary Arinde Tope Daramola Share JMK Construction Company Limited Saidu Kawu Kwara Liberation Group Kolawole Bashirat Abdulmalik Bashir Mopelola Risikatullahi Kwara State Football Association Mopelola Abdulmaliq-Bashir Ajeigbe Hassan Abdulazeez Elewu Ayodele Kuburat Olaosebikan Kayode Zubair Kayode Oyin-Zubair Tunde Saad Air Peace Farouk Salim Olam Food Ingredients Alimi Abdulrazaq Umar Sanda Yusuf Adamu Atta Garba Idris Ajia Makama Of Kaiama Rebecca Bake Durbar AbdulFatai Adeniyi Dan-Kazeem Yahaya Seriki Gambari Bayer AG Idowu Laro John Olobayo Salau Kabiru Abdullahi Yaru Muhammad Akande Olarewaju Odunade International Aviation College Yemi Sanni Gafaru Olayiwola Olorisade Kayode Alabi

