Oyo Govt Approves Car Loan For Teachers
The Oyo state government has approved the immediate release of car loans for primary school teachers, across all zones in the state.
This was disclosed on Friday in Ibadan by the coordinating director of Oyo State Universal Basic Education Board (SUBEB), Jacob Dairo, who stated that the loan is coming as a palliative to teachers in the state………………….CONTINUE READING
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He said the loan which is to be distributed in many tranches is to cushion the effect of the removal of fuel subsidy on Oyo state primary school teachers.
According to him, the scheme was graciously approved by the state governor, Seyi Makinde, who instructed that the loan be provided to all teachers without any favouritism.
The coordinating director, therefore, advised the beneficiaries to use the support judiciously for the intended purpose.
He added that the facility which is to be granted by financial institutions, is to be redeemed within 40 months.
Meanwhile, the commissioner for education, science and technology, Prof. Salihu Abdulwaheed has expressed readiness to work with all stakeholders in the education sector.
