Ekiti State Government has disbursed
about N144m as vehicle and housing loans to 712 teaching and
non-teaching staff in the state’s teaching service.
The Commissioner for Finance and Economic
Development, Chief Toyin Ojo, who made this known in Ado Ekiti, said
N63m of the sum was disbursed as car loans to 257 teaching and
non-teaching staff, based on their grade levels.
The
Ministry of Information said the vehicle loans ranged from N250,000 to
N1m for teachers on grade level 7 to 16; while junior non-teaching staff
from grade level 1 to 6 received N70,000 each.
Ojo added that the balance of N81m of the
amount was disbursed as first and second tranches of staff housing
loans to 455 teaching and non-teaching staff.
Ojo noted that last month, Governor Ayo
Fayose approved the disbursement of N119m as car loans to 623 workers in
the public service, despite the prevailing paucity of fund in the
state. He said the gesture would reduce the burden of obtaining bank
loans, with the attendant high interest rates.
He charged the teachers to reciprocate government’s intervention by discharging their duties conscientiously.
http://www.punchng.com/education/ekiti-teachers-get-n144m-vehicle-housing-loans/
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