Oyo Govt. Approves Car Loan For Primary School Teachers

Posted on August 18, 2023

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 today in Ibadan by the coordinating Director, Oyo State Universal Basic Education Board, Mr. Jacob Dairo, who stated that the loan is coming as a palliative to teachers in the state.

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 Oyo State Governor, Engr. Seyi Makinde, who has instructed that the loan be provided to all teachers, without any favoritism.

The coordinating Director therefore, advised the beneficiaries to use the support judiciously for the intended purpose.

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.

The Commissioner stated this when he paid a visit to the Directorate of the Oyo State Universal Basic Education Board on Thursday.

Prof. Abdulwaheed assured that the Oyo State Government will, in due course, recruit more teachers into the basic education sub-sector.

He added that the present administration will ensure training of staff members, for an all-round success of the Government.

Responding, Mr. Dairo promised a more robust working relationship between the Board and the Ministry of Education.

Dairo also acknowledged that to ensure a paradigm shift in the education sector, all education related boards, parastatals must work in tandem with the Ministry of Education.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

The Lagos State Government, First Bank of Nigeria, Guinness Nigeria, The Address Homes, the... Continue
BY VICTOR OJELABI  PayPal is trying to slip back into Africa, and Nigerians are... Continue
Jumia Nigeria has launched its highly anticipated December Holiday Sale, unlocking a wide range of... Continue
PalmPay’s Purple December 2025 continues to light up the festive season, and the energy... Continue
The annual KidSport Charity Cup brings its thrills and frills into the Campos Mini... Continue
BY MERCY SUWEBA MUSA The Entertainment Editor of The Nation newspaper, Mr. Gbenga Bada,... Continue
The Lagos State Government, First Bank of Nigeria, Guinness Nigeria, The Address Homes, the... Continue
MICHAEL AKINOLA  Justice Rahman Oshodi of the Lagos State Special Offences Court in Ikeja,... Continue
SODIQ LAWAL  In moments of cultural transition, the true essence of traditional leadership is... Continue
AISHA ABUBAKAR  A 23-year old man, Abdulazeez Abubakar, has been arrested for allegedly stabbing... Continue

UBA


Access Bank

Twitter

Sponsored