'Why SMEs are unable to access BOI loan in Kwara' - Adediji

Date: 2012-10-20

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.

Source

 

Cloud Tag: What's trending

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

Gbenga Adebayo     Olukotun Of Ikotun     Ado Ibrahim     Haashim Initiative For Community Advancement     Bayo Mohammed Onimode     Okala Baba     AbdulRahman Saad     Baboko Primary School     Mumini Ishola Hanafi     Chief Of Staff     Yusuf Amuda Abubakar     KWAFFA     Salihu Yahaya     Omar Bolaji Gambari     Admiralty Villa     Aisha Abodunrin Ibrahim     Modibbo Kawu     Amasa     LABTOP     MAI Akande     Centre For Peace And Strategic Studies     Sobi Specialist Hospital     Idi-Ape     Gbugbu     Zara Umar     Federal Allocation     Adedeji Onimago     Shaykh Luqman Jimoh     Kunle Okeowo     Riskat Opakunle     Muhammad Ghali Alaaya     JAMB     Egbewole     Markaz Arabic And Islamic Training Institute, Agege     Wale Oladepo     Mary Kemi Adeosun     Musa Alhassan Buge     Moro     Kayode Issa     Fatai Adeniyi Garba     Aremu Bose Deborah     Afolasade Opeyemi Kemi     Shehu Alimi Foundation     Abdulmalik Bashir Mopelola Risikatullahi     Mashood Abdulrafiu Agboola     Madawaki     Bolakale Kawu     Ibrahim Abdulqadir Abikan     UNILORIN Alumni     Alumni Association Of The Federal Polytechnic Offa     Oba Abu     John Obuh     Abdulrazaq Aiyelabegan     SWAN     Shao     Oko     Kaiama     Mamatu Abdullahi     Babata     Mustapha Akanbi     Moji Makanjuola     Christopher Ayeni     Ekweremadu     Neo Mundo Ltd     Moshood Kashimawo Abiola     Ibrahim Abduquadri Abikan     Ayobami Seriki     Reuben Paraje     Baboko     Suleiman Alege Kuranga     Countryside Emerging Leaders Fellowship     Lithium     REO CAKES     Facemasks     Kayode Alabi     Bola Tinubu     Bolakale Saka    

Cloud Tag: What's trending

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

Abdulsalam A. Yusuf     Aisha Ahman Pategi     Saheed Alakoso     Abioye Bello     Monthly Sanitation Exercise     Noah Yusuf     Chikanda     Hameed Oladipupo Ali     UNILORIN Alumni     ASMAU PLAZA     Amos Sayo     Baboko     Obayomi Azeez     Galadima     Lawyers Unite Against Corruption     Chief Imam Of Offa     NIPR     Nigeria Foundation For Artificial Intelligence     Funmi Salau     Albert Ogunsola     Lanre Badmus     Modibo Kawu     AGILE Programme     Abdullahi Imam Abdullahi     Ben Duntoye     Muftau Akanbi Oke     Moses Afolayan     Sabo-Oke     Laduba     Harmony Holdings     Kwara State Government     Galadiman Ngeri     Ganmo Power Sub-Station     Gambari     Post-utme     Ilota     Tunji Oyawoye     Ezekiel Yissa Benjamin     The Herald     Joseph Daudu     KWACOBPA     Towoju     Kehinde Baale     Agor Market     Jumoke Monsura Gafar     Buhari     AbdulGaniyu Kareem     Christopher Ayeni     Edret Sabi Abel     Raliat Elelu-Habeeb     BIR     Undergraduate Bursary     Patigi Regatta     Funmilayo Mohammed     Emmanuel Olatunji Adesoye     Oni Adebayo     Shuaibu Yaman     UNILORIN Alumni Association     Owo Isowo     Dogara     Idris Garba     Offa Grammer School     AbdulRaheem Ahmad Shayi     Hassan Taiye Salam     Sebastine Obasi     Ilorin Airport     Niyi Ogundiran     Toyin Falola     Jimoh Bashir     NIRSAL     Ilesha-Gwanara     TESCOM     Shehu Alimi Foundation     Abdulmajeed Wahab     MMWG     Rasheed Jimoh     IEDPU