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Fayose Approves Whooping N119m as Car Loan For Ekiti Workers
Posted by Lolade on Mon 27th Jul, 2015 - tori.ngGovernor Ayodele Fayose of Ekiti State has approved the release of N119m as car loans in the state.
Ekiti State governor, Ayodele Fayose
Ekiti State governor, Ayodele Fayose, has approved a staggering N119m as car loans to 623 workers in the state public service.
The state Commissioner for Finance, Chief Toyin Ojo, disclosed this in Ado Ekiti, the state capital, at the weekend.
Ministries, Departments and Agencies (MDAs) got N82,120,000 while Parastatals and Agencies got N36.80 million.
Chief Ojo, according to a statement by the state Ministry of Information, today, said the loans, which ranged from N800,000 to N1.5 million, was "approved depending on the salary grade level of the benefitting officers."
The government statement said that the commissioner "stressed the commitment of the Fayose's administration to the welfare of workers in the state civil service," and added that he explained that "the loan is to be disbursed in one single tranche to the benefitting officers."
It said he had "also promised that another batch of beneficiaries of the workers car loans will be announced before the end of this year."
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