To cushion the effects of fuel subsidy removal, Governor Babagana Umara Zulum, on Tuesday, presented a cheque of N2bn to the Nigerian Labour Congress (NLC) in Borno State for disbursement of interest-free loans to eligible workers with repayment period of 24 months.
The presentation took place after a meeting between the governor and officials of the NLC led by its chairman in the State, Comrade Yusuf Inuwa.
The meeting took place at the council chambers of the Government House in Maiduguri, the state capital.
Zulum asked the NLC to finalise talks with state’s Ministry of Finance to determine category of workers to be entitled to the loans as well as the loan recovery modalities through monthly deductions of not more than one-third of salaries.
The governor also announced 100% increase in monthly releases for the payment of backlog of gratuities.
Peoplesmind
