Fayemi Approves N62m Housing Loan for 220 Teachers, Others

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Victor Ogunje in Ado Ekiti

The Governor of Ekiti State, Dr. Kayode Fayemi, has approved the disbursement of N62 million loan to 220 teaching and non teaching staff of the Teaching Service Commission as housing loan.

A statement by the Chairman of the Commission, Hon. Babatunde Abegunde, on Monday, said that the loan was approved for 220 staff, comprising teaching and non teaching staff.

Abegunde expressed appreciation to Fayemi for the gesture, explaining that the continued release of funds to the housing and vehicle loans schemes since the inception of the present administration has been a source of encouragement and motivation to teachers and other staff.

Abegunde said cumulatively, a total of N340,754,231.74 has been released from October 2018 when the current administration came on board till date, with 2,459 as beneficiaries so far.

According to him, “This is a demonstration of Governor Fayemi’s commitment to the welfare of workers. The governor is no doubt teachers’ friendly and caring.

“I commend the governor for his dedication to staff welfare in spite of the economic hardships occasioned by the worldwide Covid-19 challenge. The loans were revolving and as such would continue in due course and reach every worker.

“I appeal to those yet to benefit to exercise patience since the scheme is an ongoing exercise that it will soon reach more beneficiaries in due course.

“I enjoin the beneficiaries and all staff to show appreciation to Ekiti State government through loyalty and dedication to duties.”

Abegunde charged the workers to reciprocate the government’s good gesture by showing commitment and diligence at their duty posts.