Ekiti State Governor, Biodun Oyebanji, has approved the disbursement of ₦596.6 million as car and housing loans to no fewer than 807 teaching and non-teaching staff in public secondary schools across the state.
The Permanent Secretary, Ekiti State Teaching Service Commission, Michael Boluwade, confirmed the development in a statement released in Ado Ekiti on Tuesday. He explained that the gesture was part of the state government’s deliberate effort to improve the welfare of workers and enhance their productivity.
According to the breakdown, ₦381.5 million will be disbursed as car loans to 382 beneficiaries, while ₦215.1 million has been earmarked as a fresh tranche of housing loans for 425 beneficiaries. Boluwade noted that the loans were in line with the 100 percent increase in disbursement rates earlier approved by Governor Oyebanji.
“The loans will be paid to qualified personnel of the commission, and beneficiaries are reminded to make judicious use of the funds for the purposes they were meant for,” Boluwade said. He added that repayment would be made through direct deductions from monthly salaries.
The Permanent Secretary further appreciated the governor for approving additional funds to augment the revolving funds of the Commission’s Loans Board, stressing that the intervention would significantly cushion the financial burden of staff members.
Governor Oyebanji has consistently prioritized workers’ welfare since assuming office. During the 2025 Workers’ Day celebration, he highlighted several initiatives aimed at supporting public servants. These included the disbursement of ₦400 million in house and vehicle loans to 1,447 teaching and non-teaching staff, recruitment of 930 subject teachers for public secondary schools, employment of over 1,500 primary school teachers and 48 education officers, and approval of career progression for primary school teachers to Grade Level 16.
Other interventions listed by the governor included infrastructure upgrades in schools, capacity development programs for teachers, approval and implementation of the minimum wage, and other welfare-driven policies designed to boost the morale of the state’s workforce.
With this new round of loans, observers say Governor Oyebanji is consolidating his reputation as a labour-friendly leader whose policies directly impact the welfare of workers while strengthening the state’s education sector.
