The Ekiti State Government has approved N76.6 million as another tranche of vehicle and housing loans for primary school teachers in the State.
The Executive Chairman of the Ekiti State Universal Basic Education Board (SUBEB), Prof. Femi Akinwumi, disclosed this on Tuesday in Ado-Ekiti.
Akinwumi said the approval was part of the commitment of Gov. Biodun Oyebanji’s administration to improving teachers’ welfare and boosting their morale.
According to him, incentives for educators are critical to the delivery of free and quality basic education.
He said improved welfare would enable teachers to perform better and create a more conducive learning environment for pupils.
Akinwumi commended the governor for his commitment to the education sector, particularly in the areas of infrastructure development, manpower and staff welfare.
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He recalled that the state government had earlier disbursed N200 million under the revolving loan scheme to enable more teachers to benefit from the programme.
The SUBEB chairman urged beneficiaries to utilise the loans judiciously and reciprocate the gesture by demonstrating greater commitment and dedication to duty.
Also speaking, the Permanent Secretary of SUBEB, Mr Michael Omolayo, gave a breakdown of the loans.
Omolayo explained that N43 million was approved as vehicle loans for 49 teachers, while N33.6 million was approved as another tranche of housing loans for 72 beneficiaries.