Ekiti Disburses N1bn as Housing, Car Loans to Workers


By Victor Ogunje in Ado Ekiti

The Ekiti State Government has disbursed over N1 billion as housing and car loans to workers in the state public service since the inception of the Ayodele Fayose-led administration about two and a half years ago.

The state Head of Service (HoS), Dr. Olugbenga Faseluka, who made this known in Ado Ekiti on Monday, said that over N413.18 million was disbursed as housing loans, while N696.87 million was disbursed to 2,997 workers during the period.

According to him, while the housing loans were disbursed in tranches, the car loans, which range from N80,000 to N1.5 million depending on the beneficiaries’ salary grade levels, were disbursed in full to the benefitting workers.

Faseluka said that Governor Fayose also recently approved the reintegration of the workers in the state public service into the National Housing Fund (NHF) with effect from January this year as part of efforts at ensuring workers in the state have houses of their own.

He disclosed that the state government had already acquired 20 hectares of land opposite the Obasanjo Estate along Ikere Road, Ado Ekiti for the take-off of the staff housing scheme which would be financed by the Federal Mortgage Bank of Nigeria.

Details later…