Ekiti State Governor Approves N138.7m for Teachers’ Car and Housing Loans

The Ekiti State Governor, Mr. Biodun Oyebanji, has given the green light for the disbursement of N138.7 million to 448 teaching and non-teaching staff of the state Teaching Service Commission. This allocation, earmarked for car and housing loans, aims to support and motivate educators within the state.

According to a statement from the Office of the Permanent Secretary, Ekiti State Teaching Service Commission, Mr. Mike Omolayo, successful applicants are required to present certain documentation, including letters of introduction signed by their principals and bursars, official identity cards, and photocopies of their biometric data forms, appointment, and confirmation letters, to facilitate the payment process.

Omolayo emphasized that the government’s initiative is designed to enhance the efficiency and effectiveness of teaching and non-teaching staff across public secondary schools in the state. Repayment of the loans is scheduled to commence from the June 2024 salary cycle.

Earlier commitments by Governor Oyebanji underscore his administration’s dedication to addressing the welfare concerns of educators. In January, the governor pledged to resolve the issue of non-disbursement of car and housing loans to primary school teachers in the state. Subsequently, in February, he approved N200 million for primary school teachers’ car and housing loans, fulfilling his commitment to ensuring equitable benefits for teachers across all levels of education in Ekiti State.