• Tuesday, July 16, 2024
businessday logo


Ekiti govt rewards workers, disburses over N100m to 278 as car loans

Ekiti State Government has disbursed over N100million as car loans to 278 Civil Servants in the State.

The State Commissioner for Finance and Economic Development, Akintunde Oyebode who made this known in Ado Ekiti, said that sums ranging from N80,000 to N1,5 million were disbursed to the beneficiaries of the loan scheme depending on their respective grade level.

Giving a breakdown of the loan disbursement, Oyebode 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 12-14, 6 on between 15 and 17 while one of the beneficiaries is on consolidated salary.

Read also: Buhari Seeks more Chinese support for infrastructure

Describing the development as a reflection of the commitment of the Fayemi-led administration to the welfare of workers; Oyebode noted that the government has continued to fund loan schemes for its employees despite 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.

He urged the beneficiaries to judiciously utilize 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.