• Contact Us
  • About Us
Friday, October 16, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Ekiti: Fayose approves N200m car loan for 645 workers

metro by metro
December 7, 2017
in News
0
0
SHARES
0
VIEWS
Fayose
Fayose

Gov. Ayo Fayose of Ekiti on Thursday approved the disbursement of over N200 million as car loan to 645 workers in the state’s service.

The State Commissioner for Finance, Chief Toyin Ojo, said that the loans would be disbursed to beneficiaries in sums ranging from N80,000 to N1.5 million.

Read Also

US Military Weighs Use Of ‘Mother Of All Bombs’ In Potential Future Strikes On Iran, CNN Says

INEC’s Exclusive Authority To Declare Results Does Not Prevent Parties From Publishing Same Obtained Through Electoral Process, Agbakoba

US Supreme Court To Hear Asylum Fight Involving Nigerian Cook

According to Ojo, the amount accruing to each individual depends on their status and grade level.

“I just want to affirm the commitment of this administration to the welfare of workers.

“As we speak, since the inception of this administration, N896.8 million has been given out as car loans to 2,942 workers in the state not counting the just disbursed loans.

“Also, 2,165 workers have received N490,730,000 as housing loans during the same period.

“It must be noted that government’s gesture is in spite of the paucity of funds in the state occasioned by the general economic downturn and dwindling allocation from the federation account,’’ the commissioner said in a statement.

He advised the loan beneficiaries to make the most use of it, and cautioned them against spending the loan on items that would not add value to their lives.

Ojo solicited the continued support of workers for government’s efforts to improve their lot and develop the state.

The commissioner said that the state’s workforce was the engine-room of government.

He stressed that it would be difficult for the government to achieve its set goals without the workers’ support and dedication to duties.

Tags: Fayose
Previous Post

Ambode promises electricity to all Lagos homes

Next Post

Court orders Lagos director to forfeit houses, N329m

Related Posts

US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
News

US Military Weighs Use Of ‘Mother Of All Bombs’ In Potential Future Strikes On Iran, CNN Says

October 15, 2026
INEC’s Exclusive Authority To Declare Results Does Not Prevent Parties From Publishing Same Obtained Through Electoral Process, Agbakoba
News

INEC’s Exclusive Authority To Declare Results Does Not Prevent Parties From Publishing Same Obtained Through Electoral Process, Agbakoba

October 14, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
News

US Supreme Court To Hear Asylum Fight Involving Nigerian Cook

October 13, 2026
From Coastal To Inland: Lagos-Calabar Reroute Raises Questions On Cost, Design, Due Diligence
News

From Coastal To Inland: Lagos-Calabar Reroute Raises Questions On Cost, Design, Due Diligence

October 14, 2026
Next Post

Court orders Lagos director to forfeit houses, N329m

Duke: Nigeria Is Paying More To Secure Its Crude Than To Produce It

Duke: Nigeria Is Paying More To Secure Its Crude Than To Produce It

October 15, 2026
Boko Haram

10 Soldiers, Others Dead As Terrorists Attack Military Base In Borno

October 15, 2026
Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”

US Treasury Seeks Global Support To Rename AI ‘Super Intelligence’

October 15, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version