'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.

Haashim Initiative For Community Advancement     Saba Mamman Daniel     Aremu Odolaye     Ahmed Dankaya     Tunji Arosanyin     Valsolar Consultoria     Usman Alkali Baba     Idris Garba     IESA     John Kehinde Salako     Moshood Bakare     Nurudeen Muhammed     Radio SBS     Raimi Iyanda     Women Radio     Madawaki Of Ilorin     Ilesha-Gwanara     Abdulmumini Jawondo     Babatunde Ajeigbe     Shuaib Olarongbe     Oko-Erin     Valsolar Consortium     Afonja Descendants Union     Fatimat Saliu     Donatus Ejidike     Budo Egba     LABTOP     Daud Adeshola     Nigeria Foundation For Artificial Intelligence     Oya State     Senior Staff Union Of Colleges Of Education     Isin     Issa Memunat Moyosore     KWSUED     Magaji Nda     Garba Ado Sanni     Kolawole Akande     First Lady     Funmilayo Zubair     John Olobayo     Kayode Laro     Salman Suleiman     Muhammadu Buhari     Hassan A. Saliu     Abdul-Rahoof Bello     Saheed Akinwumi     Yusuf Zulu-Gambari     Ibrahim Akaje     SUBEB     Ilorin Airport     Mahmud Babatunde Baker     IYA ALFA NLA     Mohammed Tunde-Jimoh     Police Commissioner     Biliaminu Aliu     Geri-Alimi Split Diamond Interchange     Okanlawon Musa     Lawal Olohungbebe     Ibrahim Abiodun     A.E. Afolabi     KFA     Yusuf Abdulwahab     Jelili Yusuf     Bola Shagaya     Ogbondoroko     Eghe Igbinehin     Sola Saraki Educational Foundation     Egbewole     High Court     Forgo Battery     Arinola Lawal     Nigerian Medical Association     Ayedun     Adesina Simon Sodiya     Olatunji Abdulmumeen     Muhammad Yahya     Owu Fall    

Cloud Tag: What's trending

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

Ilorin International Airport     Bibire Ajape     Danladi     Abdulmumin Yinka Ajia     Pakata Patriots     Yaman     Suleiman Mora Omar     Manzuma     Suleiman Ajadi     Muhammed Akanbi     Ado Ibrahim     Agboola Babatunde     Suleiman Yahya Alapansapa     Ijagbo     Mahmud Durosinlohun Atiku     Okin Biscuits     Yetunde Balogun     Atiku Abubakar     Dan-Kazeem     Monsurat Omotosho     Ishola Moses Abiodun     Moses Salami     Al-Hikmah Radio     John Olobayo     Kamaldeen Kehinde     Simeon Sule Ajibola     Lithium     Kunle Suleiman     Femi Oladiji     07039448763     National Broadcasting Commission     Sidikat Akaje     Lanre Issa-Onilu     Sunday Fagbemi     Bayo Ojo     11th Galadima     Salman Suleiman     Alapado     ASUU     Bayo Onimago     IHS Towers     Sulyman Tejidini     Sardauna     Gbadeyan Gbadura Yomi     Mahmud Babatunde Baker     Okin Biscuit     Kayode Ibrahim     Shuaib Jawondo     Emir Of Yashikira     Valsolar Consortium     Allocation     Jimba Babatunde     Femi Agbaje     Kwara Teaching Service Commission     Oluronke Adeyemi     Abdulrahman Iliasu     Third Estate     Isaac Aderemi Kolawole     Abdullahi Atanda     TVC Female National Debate     Ishak Mohammed Sabi     Olatunde Michaels     20 Billion Bond     Wahab Olasupo Egbewole     Idris Garba     Www.Kwarareports.com     David Oyerinola Adedunmoye     Oloruntoyosi Thomas     Student Learning Support Helpline     Lotus Bank     UNILORIN Alumni Association     Akanbi-Oke     Babaita     Innocent Okoye     Seun Bolaji     Funke Adedoyin     Ahmad Belgore