Ekiti State Governor, Dr. Kayode Fayemi has approved the disbursement
of another N115million as car loan to Civil Servants in the State.

The State Commissioner for Finance and Economic Development, Hon. Akin
Oyebode who made this known in Ado Ekiti, said a total sum of
N115,110,000.00 would be disbursed to 166 workers.

Giving a breakdown of the loan disbursement, Oyebode said that the
sums ranging from N80,000 to N1.5million were disbursed to the
beneficiaries of the loan scheme depending on their respective grade
level.

According to him, benefiting officers on grade level 2 to 6 would get
N80,000; those on grade level 7 to 10 would collect N250,000 while
beneficiaries on grade level 12 to 14 would take N500,000, those on 15
to 17, N750,000 and recipients on consolidated, N1.5million.

He reiterated the commitment of the Fayemi led administration to the
welfare of workers in the State, describing the Governor’s approval
for the disbursement of the loan to workers as a continued fulfilment
of his promise to improve the lot of workers in the State.

Oyebode assured that the State government would continue to fund loan
schemes for employees of the State in spite of the prevailing paucity
of funds 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 utilise the money and
cautioned them against spending the loan on things that would not add
values to their lives.

The Commissioner also charged workers to reciprocate government’s
gesture by rededicating themselves to their duties and supporting the
administration’s efforts to develop the State.

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