
368 Ekiti workers get N136m car loan
Ekiti State Governor, Biodun Oyebanji, has approved the disbursement of another tranche of N136.26m as car loan to 368 civil servants in the state.
The state Commissioner for Finance, Akin Oyebode, said that amounts ranging from N80,000 to N1.5m would be disbursed to the beneficiaries of the loan scheme depending on their grade levels.
Oyebode said that the governor also approved the injection of N200m to recapitalise the loan scheme.
The commissioner, in a statement in Ado Ekiti, the state capital, on Sunday, reiterated the commitment of the Oyebanji administration to workers’ welfare.
He said, “The governor, in addition, approved the payment of N174.39 million outstanding deductions from salaries to cooperative societies, Federal Mortgage Bank and others.”
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Good for them
Not a bad idea
Its very bad. The money is not up to 300k. How can that be a car loan? Lawmakers just got SUVs that is worth over N100m each. Is this balanced?