The Oyo State Government has swiftly greenlit the disbursement of car loans to primary school teachers across all zones of the state.
Revealed today in Ibadan by Mr. Jacob Dairo, the Coordinating Director of the Oyo State Universal Basic Education Board, this financial boost serves as a palliative for teachers within the state.
The loan, slated to be provided in multiple installments, aims to alleviate the impact of fuel subsidy removal on Oyo State’s primary school teachers.
The visionary decision was approved by Governor Engr. Seyi Makinde, ensuring that every teacher is treated fairly and without favouritism.
With prudence in mind, Mr. Dairo encourages recipients to utilize this aid for its designated purpose.
The support, facilitated by financial institutions, carries a redemption timeframe of 40 months.