Government gives teachers N300m car loan

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Topic: Government gives teachers N300m car loan (Read 709 times)
Bachelorette (3872)
Naijapals Addict (m) | 1 year ago

      The days of teachers reward is in Heaven is fast disappearing into thin air, as most teachers are already becoming Millionaires even when they are still alive. To make this dream a reality, the Ondo State government has approved a N300m car loan  for teachers in the state. Presenting cheques to the beneficiaries on Monday, the state’s Commissioner of Education, Barrister Remi Olatubora said the  loan is to motivate the teachers for better performance.

The loan, according to him has a 10 per cent repayment interest. Represented by the Permanent Secretary in the ministry, Mrs. Taiwo Kolawole, the commissioner said, “Government has again demonstrated its commitment to the implementation of workers welfare policies”.

In his address, Chairman of the Ondo State Teaching Service Commission, Barrister Fola Amure dismissed insinuations that the scheme will soon be discontinued by the state government, saying,

“There is no iota of truth in the insinuations that government will no longer give out car loan after this set because of insufficient funds. Please don’t listen to the tale bearers.

“This loan is a revolving one and it is a continuous exercise. For the umpteenth time, I want to plead with you the beneficiaries to reciprocate the gesture by working harder”.



http://www.dailytrust.com.ng/index.php?option=com_content&view=article&id=154719%3Aondo-gives-teachers-n300m-car-loan&catid=1%3Anews&Itemid=2



I've always lived by 3 principles:

1. Honour ur God, 2. Love ur Family and 3. Defend your Country



posted: Feb 15 2012, 12:26 PM
amric (420)
Upcoming (f) | 1 year ago

Maybe I should have a re-think of becoming a teacher



Touch not my anointed and do my prophet no harm

posted: Feb 15 2012, 12:33 PM
zeigbo (15066)
Naijapals Hero (m) | 1 year ago

Good



They can close the door against me but can't stop me frm coming in Evil Evil

posted: Feb 15 2012, 01:14 PM
escapedprince (2348)
Naijapals Addict (m) | 1 year ago

great!!

posted: Feb 15 2012, 04:03 PM
stephen153 (30635)
Addicted Hero (m) | 1 year ago

Loan?Huh?



Most people are only alive because it is illegal to shoot them

posted: Feb 15 2012, 04:07 PM
Bachelorette (3872)
Naijapals Addict (m) | 1 year ago

Quote from: stephen153 on Feb 15 2012, 04:07 PM
Loan?Huh?

Sure, but at least It's something that will give dem joy for the moment considering the poor transportation system




I've always lived by 3 principles:

1. Honour ur God, 2. Love ur Family and 3. Defend your Country

posted: Feb 15 2012, 04:10 PM
onyimau20 (4287)
Naijapals Addict (f) | 1 year ago

Thats good

posted: Feb 15 2012, 05:19 PM
amric (420)
Upcoming (f) | 1 year ago

 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes



Touch not my anointed and do my prophet no harm

posted: Feb 15 2012, 06:11 PM
MEND (493)
Upcoming (m) | 1 year ago

I'd be right back

posted: Feb 15 2012, 06:52 PM
needluv (287)
Upcoming (m) | 1 year ago

why should the Government put 10% interest rate if really he want to motivate the teachers? Government is trying to make money from teacher in the name of help . 10% of that car amount do u know how many billion it will give ? Pls stop deceiving people with such political incisiveness.

posted: Mar 22 2012, 10:07 PM

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