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Fayose Approves N119m Car Loan For Ekiti Workers

Governor Ayo Fayose of Ekiti State has approved the disbursement of N119 million as car loans to no fewer than 623 workers in the state’s public service.
According to The Tide source reports that the state’s Commissioner for Finance, Chief Toyin Ojo, disclosed this while speaking with journalists in Ado-Ekiti, recently.

Ojo said that the facility would cut across all cadres of workers in the state’s employ.
According to him, the gesture is aimed at making life meaningful to workers, as well as enable them to have a sense of belonging in the new government.
The commissioner, who gave a breakdown of the loan, said Ministries, Departments and Agencies (MDAs) would get more than N82.1 million, while Parastatals and Agencies would get N36.8 million.
Ojo Added that the loan ranged from N800,000 to N1.5 million for beneficiaries depending on their salary grade levels.
He said the Fayose administration was committed to the welfare of workers in the state civil service, adding that the loan would be disbursed in single tranche to the beneficiaries.
The finance commissioner assured that another batch of beneficiaries of the workers car loans would be announced before the end of the year.

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