Governor Seyi Makinde Oyo has approved the immediate release of car loans for primary school teachers across all zones in the state.
This is contained in a statement by the coordinating director of the Oyo State Universal Basic Education Board, Jacob Dairo.
He said the loan is coming as a palliative to the teachers.
He said the loan, which was to be disbursed in tranches, was to cushion the effects of the economic crisis in the nation on the teachers.
According to him, the governor has also directed that there should be no favouritism in the loan scheme.
The coordinating director advised the beneficiaries to use the loan for the intended purpose.
He said the facility, to be granted by financial institutions, is to be redeemed within 40 months.
Meanwhile, the state Commissioner for Education, Science and Technology, Salihu Abdulwaheed, expressed readiness to work with all stakeholders in the education sector.
The commissioner gave the assurance when he visited the Directorate of the Oyo State Universal Basic Education Board on Thursday.
Mr Abdulwaheed said the state government would, in due course, recruit more teachers into the basic education sub-sector.
He added that the government would ensure staff training for all-round success, according to Dairo.
