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Governor Uba Sani Launches N500m Revolving Loan Scheme For Kaduna Civil Servants

Ojimaojo Abubakar by Ojimaojo Abubakar
December 26, 2024
in National
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Governor Uba Sani Launches N500m Revolving Loan Scheme For Kaduna Civil Servants

Governor Uba Sani Launches N500m Revolving Loan Scheme For Kaduna Civil Servants

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By Amina Samuel, Kaduna

Kaduna State Governor, Senator Uba Sani, has launched a Revolving Loan Scheme with a seed fund of N500 million to assist civil servants in meeting their financial needs. The loan scheme comes with a single-digit interest rate of five percent, aimed at enhancing access to funds for civil servants while alleviating financial stress.

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This initiative was announced by the Principal Private Secretary to the Governor during a media parley organized by the Kaduna State chapter of the Nigeria Union of Journalists (NUJ) on December 26, 2024. The scheme is part of the administration’s broader efforts to support civil servants, including clearing outstanding pension arrears and gratuities.

According to the Principal Private Secretary, the state government has, over the past 18 months, disbursed approximately N4.7 billion for the settlement of death and gratuity benefits, showcasing its commitment to the welfare of workers.

“The Uba Sani administration is deeply committed to accountability and transparency. These principles are not negotiable,” he stated, highlighting the state’s top ranking in the Center for Fiscal Transparency and Public Integrity Watch (CeFTPIW) 2024 Transparency and Public Integrity Index. Kaduna was ranked first among 36 states and the Federal Capital Territory with a score of 51.42.

CeFTPIW, a non-governmental organization established in 2016, promotes good governance through strengthened transparency and accountability in public institutions. Additionally, Kaduna State secured the second position in the ICAN Accountability and Transparency Index, further cementing its reputation for efficient resource utilization and integrity.

ALSO READ:  Minister advocates for regional security cooperation

Governor Uba Sani’s initiatives reflect a commitment to financial prudence and civil service welfare, which continue to set Kaduna State apart in governance standards.

Tags: Governor Uba Sani
Ojimaojo Abubakar

Ojimaojo Abubakar

Abubakar Ojimaojo is a graduate of Mass Communication, political and football analyst currently work at elanzanews.ng as Editor. He pride himself as skilled wordsmith with a passion for delving into contemporary political issues on both national and international scale.

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