Fayose approves N236.9m as car loan for 773 workers

Ekiti State governor, Mr. Ayo Fayose has approved the immediate disbursement of N236, 860,000 as motor vehicle loan to 773 workers in the State public service.

The State Commissioner for Finance, Chief Toyin Ojo, who made this known in Ado-Ekiti, said the loan, which ranges from N80, 000 to N1.5 million will be paid in full to the beneficiaries.

He said grade level of the 773 beneficiaries was taken into consideration in approving the loan for them.

The Finance Commissioner said applicants who could not meet up with the screening condition of 50 percent of their net pay set by the state government would be considered as soon as the condition is met.

He advised civil servants who applied to check their names on the list, which has already been pasted at the Accountant General’s office.

Chief Ojo emphasised the commitment of the Fayose’s administration to the welfare of workers in the state public service, promising that another list of beneficiaries of the workers car loan will be released in due course