Latest posts
Home / Nigeria News / Ekiti state legislators probe loan disbursements

Ekiti state legislators probe loan disbursements

THE Ekiti House of Assembly has summoned the General Manager of the state Micro Credit Agency, Mr. Ayeni Oladunjoye to clarify some ambiguities contained in the amount disbursed as loans to some beneficiaries in the state.
Mr. Oladunjoye is to appear before the House Committee on Commerce and Cooperative following series of petitions filed against him by those who have not benefited from the loan scheme.

The General Manager had earlier told the House Committee that the Agency had disbursed #830million to 21,000 beneficiaries last year. He disclosed that out of the #830million only #60million has been recovered.

Hon. Edward Ajewole, Chairman of the House Committee told the Agency to forward the list of beneficiaries, the amount which they were given and names of their guarantors.

He explained that the appearance of the General Manager with all relevant documents would enable him make a good submission to the House.