Oyebanji approves N138m million car and housing loans for teachers

Biodun Oyebanji, the governor of Ekiti state, has approved N138.7 million to pay off car and housing loans for 448 teaching and non-teaching staff members of the state Teaching Service Commission.

Mike Omolayo, Permanent Secretary of the Ekiti State Teaching Service Commission, announced this in a statement made accessible to press in Ado Ekiti.

In a statement, Omolayo said: “Successful applicants under the scheme are expected to obtain letters of introduction signed by their principals and bursars, present their official identity cards and as well photocopies of their biometric data forms, appointment and confirmation letters to facilitate the payment processes.”

Omolayo stated that the government’s gift was intended to encourage teaching and non-teaching staff at the state’s public secondary schools to do their tasks more efficiently and effectively, and that the repayment period begins with the June 2024 salary.