Some categories of Civil servants in Ekiti State will start smiling to their banks as the Governor, Dr. Kayode Fayemi, has approved the disbursement of another N115million as car loan to them.
The State Commissioner for Finance and Economic Development, Mr Akin
Oyebode who disclosed this in Ado Ekiti, on Monday, explained that a total sum of N115 million would be disbursed to 166 workers.
Giving a breakdown of the loan disbursement, the Commissioner explained 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 levels two to six would get N80,000; those on grade level seven 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.
Mr 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.
The Commissioner 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.
He also charged workers to reciprocate government’s gesture by rededicating themselves to their duties and supporting the administration’s efforts to develop the State.
It was gathered that the loan is part of funds to be sourced from the recent federal government gesture to states amounting to about N118 billion, which is expected to be paid in three tranches.
The Governor had assured the workers that salary owed them by the previous administration, unpaid deductions and leave bonus will be settled before the end of the year.
Sources also disclosed that 30 percent deductions from salary of political office holders in the wake of short fall in the allocation of the state had been refunded to them.
Each of the outgoing councilors in the local government and other political office holders received N700,000 as salary refund and another N1.4 million as furniture allowance.
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