Rivers Approves N3.6 Billion Interest-Free Loan for Workers

Enterprise Television- Rivers Approves N3.6 Billion Interest-Free Loan for Workers

The Rivers State Governor, Nyesom Wike has approved N3.6 billion interest-free loan for workers in the state.

He, however, bashed at the organized labour for refusing to act in the face of uncontrolled killings of defenceless Nigerians across the country.

The governor said it is unkind for labour to be only concerned about salary increment when their innocent Nigerians are hacked to death on a daily basis.

Addressing the public during the 2018 Workers Day in Port Harcourt, Wike said that Labour is only after the increment of wages and rewards without showing concern for the mass killings going on across different states of the Federation.

He said that Labour has a duty to work towards the progress of Nigeria as they battle for their welfare.

The governor urged labour to defend the nation’s democracy which is under threat by the failure of the APC Federal Government to respect the rule of law and democratic tenets.

He said that the state is investing in building a strong economy that will enable workers to earn decent wages, empower entrepreneurs to create jobs and provide improved livelihood opportunities for Rivers people.

Wike said that the state has approved an interest-free revolving loan scheme for civil servants. The annual sum earmarked for this programme is N1, 200,000,000.00 only, with a monthly disbursement of N100, 000,000.00 only.

An annual sum of N2, 400,000,000.00 has been set-aside for this purpose with a monthly disbursement of N200, 000,000.00.

The governor said that his administration is already working to fix some of the existing challenges, including the contributory pension scheme, the contributory health insurance scheme and the payment of gratuities to retired civil servants.

He announced that the State Government will construct State Secretariats for the Nigeria Labour Congress and the Trade Union Congress. He also announced a donation of N100million to the different labour unions.

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