Ekiti State Governor, Biodun Oyebanji, has approved the disbursement of another tranche of N136.26m as car loans to 368 civil servants in the state.
The state Commissioner for Finance, Mr. 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.
Highlighting details of the disbursement of the car loan, Commissioner Oyebode said 22 benefiting officers on grade levels 02-06 would get N80,000 each while 180 beneficiaries on grade levels 07-10 would receive N250,000 each.
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He added that 150 workers on grade levels 12-14 would be given N500,000 each; 13 personnel on grade levels 15-17 would get N750,000 each and the three beneficiaries on consolidated salary would take home N1.5 million each.
Mr. Oyebode, who said the governor’s approval for the loan disbursement was the fulfilment of his promise to improve the well-being of the state’s workers, said that N130.7 million was disbursed in December 2022 as a car loan.
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