Ondo govt gives N300m car loan to 600 teachers

TO further demonstrate its caring heart policy, the Ondo State government has given out a sum of N300 million as car loan to 600 teaching and non-teaching staff on the employ of state government.Beneficiaries of the car loan were, on Tuesday, presented with the cheques which had 10 per cent repayment interest.The state Commissioner for Education, Mr Remi Olatubora, who presided over the presentation ceremony, said the essence of the loan scheme was to motivate the beneficiaries for better performance.Represented by the Permanent Secretary in the ministry, Mrs Taiwo Kolawole, the commissioner added that the scheme would, in no small way, increase the workers' productivity and reduce loss of manpower due to access to means of easy transportation.'Government has again demonstrated its commitment to the im-plementation of workers' welfare policies. It has manifested in this loan scheme for teaching and non-teaching staff in the realisation of the fact that they hold the key to the future of the nation,' he said.In his address, the chairman of the state Teaching Service Commission (TESCOM), Mr Fola Amure, dismissed the rumour doing the rounds that the scheme would soon be discontinued by the state government.According to him, 'there is no iota of truth in the insinuations that the government will no longer give out car loans after the one being given because of insufficient fund. Please don't listen to the tale bearers.'This loan is a revolving one and it is a continuous exercise.
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