Ekiti State Governor , Mr Ayodele Fayose , has advised teachers in
the state against obtaining too much loan from commercial banks to
lessen their burden.
Fayose said this remains the best way to cushion the effect of the
dwindling revenues of the state, culminating in delay in payment of
salaries is having on them.
The governor promised to carry out reforms that would solve the
perpetual problem of over-deduction of salary of workers through the
biometric payment system introduced to block loopholes being used to
siphon the state’s lean resources.
Fayose, who spoke during an interaction with teachers from public
primary and secondary schools at Ola Oluwa Muslims’ Grammar School,
Ado-Ekiti yesterday, as part of efforts to check discrepancies in
He later donated 400 laptop computers to Accounting Officers
operating in the state and Local Government levels , to collate
vouchers and show to teachers before onward transmission to the
Accountant General’s office for payment.
The Governor warned that the teachers should not be oblivious of the
fact that a popular loan called ‘sharp-sharp’ introduced by one of the
commercial banks is fast becoming a burden rather than benefit.
“Workers need to be careful with these loans from commercial banks,
especially the one called sharp-sharp . Many are facing serious
challenges caused by over-deduction by banks and when they have
problems they will be blaming the government.
“I am not really happy with the idea of workers going home empty
handed after the payment of salary because some had taken to many
loans and they are left with nothing after receiving their salaries.
“That was why I had instructed the Local Government accounting
officers to crosscheck vouchers prepared with the ones collated by
bursar of each school , so that all errors can be detected before
reaching the Accountant General.
“And to those who had fallen victims of over-deduction , we will
address it through the ongoing reforms. Though, we have no mandate to
interfere with what you do with your banks, but being a passionate
person and friend of the teachers, I have directed the Accountant
General to bring the managers of those banks to me, so that all these
complaints can be addressed”, he said.
The governor said he was aware that problems arising from over
deduction of salaries were rampant at the local level, promising to
strengthen the system via decentralization of pay points to really
abate the noticeable bottlenecks.
He said though not all the accounting officers will get the laptop
computers in the first tranch of the distribution, promising to make
up in the next round while training will also follow appropriately.