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    Home»General News»Makinde Absorbs 129 Workers Into Mainstream, Approves N10bn Facility Counterpart Funding For World Bank Assisted Projects
    General News

    Makinde Absorbs 129 Workers Into Mainstream, Approves N10bn Facility Counterpart Funding For World Bank Assisted Projects

    adminBy adminApril 24, 2024Updated:April 24, 2024No Comments2 Mins Read
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    Oyo State Governor, Seyi Makinde has approved the regularization and integration of 129 floating staff members of the Defunct Oyo State Agricultural Development Programme (OYSADEP) into the mainstream of the State Civil Service.


    This was disclosed by the Commissioner for Information, Prince Dotun Oyelade, at a media briefing on the outcome of the Executive Council Meeting held at the Governor’s office complex.

    The commissioner for information said the reabsorbed 129 staff will henceforth enjoy their promotions and other entitlements for civil servants.

    Prince oyelade said that Governor Seyi Makinde, by this action is being consistent with his attitude of empathy for the civil servants who have procedural, legal or other issues with the system.

    He recalled that in the past four and a half years, scores of civil servants have been reabsorbed into the service to correct the insensitivity of the past administrations.

    According to the commissioner for budget and economic planning, Prof. Musibau Babatunde, the State council has approved the sum of ₦691,307,39.86 to be invested in Wema Bank Right Issuance Program.

    According to him, many states are preoccupied with obtaining loans and Oyo is one of the rare states who are investing for the future of the state.

    He said this investment will help the state government to prepare and secure the financial future of the state.

    Prof. Babatunde also disclosed that the council has approved the sum of ₦10 billion facility to provide counterpart funding for World Bank assisted projects in the State.

    He said this funding will assist the State government as marching grant to access some of the World Bank programs which are focused on the socioeconomic wellbeing of residents of the state.

    129 workers counterpart funding Governor Seyi Makinde N10bn world bank projects
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