'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.
Kwara Hotel Okeose Christian Cementary Nigeria Governors\' Forum Erubu Niyi Osundare Muftau Akanbi Oke Ahmed Idris Mohammed Valsolar Durosinlohun Atiku First Lady Rotimi Samuel Olujide Moremi High School Senate Age AbdulKareem Benin Republic Bluenile Associates Hydroelectric Power Producing Areas Development Commission GRA Aishat Mohammed Lawal Isiaka AbdulRazaq AbdulFatai Adeniyi Dan-Kazeem Ahmad Ali Owu Fall Ibrahim Issa Jetti Cassava Growers\' Association Abdulrahman Abdullahi Kayode ASUU Mazars Consulting Abdulfatai Baakini Tuesday Assayomo JMK Construction Company Limited Basit Olatunji Lai Mohammed Emmanuel Bello Sulyman Buhari Alagbado Jumoke Gafar Ilorin Emirate EFCC Sheikh Hamzat Yusuf Ariyibi Quareeb Islamic Association Vasolar Kwara Muslim Pilgrims Welfare Board Salmon Babatunde Salmon Mohammed Alabi Lawal Local Government Pension Board Rapheal Ashaolu Jimoh Lambe Abdulkareem Federal College Of Education (Special), Afon Okoolowo Kannike Gbajabiamila Ganmo Gaa Olobi Kola Olota ER-KANG Mining Nigeria Company Limited Florence Saraki Prince Mahe Abdulkadir AbdulRahman Saad Paul Odama Abdulkadir Bolakale Sakariyah Plat Technologies Limited Jeunkunu-Malete-Bani Iponrin Arinola Fatimoh Lawal Abdulrahman Abdulrazaq Abdulrasaq Alaro Aliyu Kora-Sabi Sobi Abdulmajeed Wahab Muhammad Fawaz Abubakar Idris Amosa Saidu Temi Kolawole Sobi Hill Babs Iwarere New Nigeria People’s Party Ibrahim Abdullahi

