Ekiti disburses N100m car loan to workers
The Ekiti State government has disbursed N100 million as car loans to 278 civil servants, Akin Oyebode, Finance and Economic Development commissioner said in Ado-Ekiti on Tuesday evening.
The gesture comes barely two days after giving out over N60 million as housing loan to some teachers and other workers.
Giving a breakdown of the loan disbursement, Mr. Oyebode said that the sums ranging from N80,000 to N1.5 million were disbursed to the beneficiaries of the loan scheme depending on their respective grade level.
He listed the number of loan recipients to include 41 workers between grade levels 02 to 06; 96 officers on grade level 07 to 10; 134 officers on grade levels 12 to 14; six between grade level 15 and 17; while one of the beneficiaries is on consolidated salary.
The commissioner described the development as a reflection of the commitment of the present administration to improve the welfare of workers.
He noted that the government had continued to fund loan schemes for its employees in spite of the paucity of funds in the state occasioned by the general economic downturn and dwindling allocation from the federation account as well as the effect of the recent global pandemic.
Mr. Oyebode urged the beneficiaries to judiciously utilise the money and cautioned them against spending the loan on things that would not add value to their lives.
The Commissioner also charged workers to reciprocate the government’s gesture by rededicating themselves to their duties and supporting the administration’s efforts to develop the State.
(NAN)
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