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Fayose Approves 119 Million Naira Car Loan For Ekiti Workers

Governor Ayodele Fayose of Ekiti State has approved the disbursement of a sum of 119 million naira as car loans to 623 workers in the … Continue reading Fayose Approves 119 Million Naira Car Loan For Ekiti Workers


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FayoseGovernor Ayodele Fayose of Ekiti State has approved the disbursement of a sum of 119 million naira as car loans to 623 workers in the state public service.

The state’s Commissioner for Finance, Toyin Ojo, disclosed this in Ado Ekiti, the state capital, at the weekend.

Ministries, Departments and Agencies (MDAs) got 82,120,000 naira while Parastatals and Agencies got 36.80 million naira.

Mr Ojo, according to a statement by the Ministry of Information on Monday, said that the loans, which ranged from 800,000 naira to 1.5 million naira, was “approved depending on the salary grade level of the benefiting officers”.

The government’s statement said that the Commissioner “stressed the commitment of the Fayose administration to the welfare of workers in the state civil service” and explained that “the loan is to be disbursed in one single tranche to the benefiting officers”.

He had “also promised that another batch of beneficiaries of the workers’ car loans will be announced before the end of this year”.