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Thursday, December 7, 2017

Ayo Fayose approves N200m car loan for 645 Ekiti State workers

Ayo Fayose approves N200m car loan for 645 Ekiti State workers
On Thursday, Ekiti State Governor, Ayo Fayose, has approved the disbursement of over N200 million as car loan to 645 workers in the state’s service.

 The State Commissioner for Finance, Chief Toyin Ojo, said that the loans would be disbursed to beneficiaries in sums ranging from N80,000 to N1.5 million.
 In a statement the commissioner said: “I just want to affirm the commitment of this administration to the welfare of workers.
“As we speak, since the inception of this administration, N896.8 million has been given out as car loans to 2,942 workers in the state not counting the just disbursed loans.
 “Also, 2,165 workers have received N490,730,000 as housing loans during the same period.
 “It must be noted that government’s gesture is in spite of the paucity of funds in the state occasioned by the general economic downturn and dwindling allocation from the federation account.’’
 He advised the loan beneficiaries to make the most use of it, and cautioned them against spending the loan on items that would not add value to their lives.

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