Okowa approves worker housing loan upgrade

Of Paul Osuyi, Asaba

Delta State Governor Ifeanyi Okowa has approved the upward revision of the loan rates of the Public Servants Housing Loan Scheme (POHLS).

In a circular bearing the reference number HOS 14/2/1/Vol.1/T2/5 and signed by the head of the State service, Reginald Bayoko, the government declared that the upward revision concerned all categories of state labor officers.

As stated in the circular, officers in salary grades 01 to 06 are now eligible for a housing loan of 3 million naira compared to 1.5 million naira previously.

Similarly, officers in salary grades 07 to 12 are now entitled to access the sum of 4 million naira from the old rate of 2 million naira, while those in salary grades 13 and above need to access 5 million naira from the old rate of N2. 5000000.

Bayoko praised Governor Okowa for the upward revision of the loan program rates, saying the approval demonstrated the governor’s irrevocable commitment to promoting the welfare and housing needs of state officials.

“The Governor’s approval of the upward revision to the loan rates of the Public Employees Housing Loan Program was a direct response to the country’s current economic situation and its implementation is effective immediately,” it said. -he declares.

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