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By Akanji Alowolodu, Bauchi
Determined to make life easier after retirement, the sum of N6.2m has been approved for five retired civil servants who retired from the Bauchi State office of the National Directorate of Employment (NDE).
The disclosure was made by the State Coordinator of the NDE, Mr Lawan Yaya while speaking with Journalists in an interactive session in his office.
Lawan Yahaya said that the loan was approved under the Mature Peoples Programme of the Directorate, adding that each of the five beneficiaries would be given the sum of N1,250,000.
The NDE Coordinator described the programme as an initiative of the Director-General of the NDE, Malam Abubakar Fikpo explaining that the loan was reinvigorated by the Director General, after many years of neglect.
According to him, “The aim and objective of the loan is to assist retiring officials from the NDE, to have something to do after retirement. It is mostly for retired civil servants with some of them from the agency while others are from the National Senior Citizens Centre”.
He also said that, “We have received the approval and the names of those beneficiaries. They have already been documented and now the loan is ready to be disbursed,”.
According to the NDE State Coordinator, the beneficiaries have a six-month moratorium while the money will be repaid in three years.
Lawan Yaya also noted that the Directorate had approved the sum of N3.5 million loan for seven graduates of tertiary institutions in Bauchi State.
He said that each of the beneficiaries would be given N500,000, having undergone ‘Start Your Own Business’ (SYOB) training from the NDE in the state.
“They have been trained and have written their feasibility reports which were sent to our headquarters for appraisal and N500,000 has now been approved for each one of them,” Yaya said.
