~Kwara NUT to establish micro-finance bank operators, meets teachers’ financial obligation
By Peter Moses, Ilorin
Teachers across states may start sighing relief over epileptic salaries payment if move their of union aim at regularly meeting their financial needs is achieved, including Kwara State chapter of Nigerian Union of Teachers (NUT), which disclosed it plans to establish a micro-finance bank in the state, in a quest to combat issue on lack of basic needs among member of the body.
Specifically, the teachers union’s aim is to tackle issues of delay salaries and financial hurdles confronting the members of the through the proposed bank.
The State NUT chairman, Abubakar Musa, disclosed that scores of teachers in the state have keyed into the initiative, which is a revolving programme and have been paid their entitlements benefits.
Speaking on the development yesterday at a news conference in Kwara, Musa said aside the proposed initiative, the union also bought into the housing project of the state government by building teachers Estate in Ilorin through their investment which has been completed and occupied by some of its members.
According to him, to have issued of shelter and other of teachers necks, the union also acquired another 100 plots of land at Oko-Olowo in Ilorin with the intention to commence the phase two of the teachers’ estate.
He mentioned another parcel of land at Ogbodoroko belonging to the NUT, which was acquired through collaboration with the Federal Mortgage Bank.
The Kwara NUT’ chairman hinted that the leadership of the union at Abuja, had reached out to the National Assembly, state Houses of Assembly and traditional institutions in ensuring that salaries of member of the body were paid as at when due.
Musa described the irregular payment of teachers salaries as his greatest worry and concern since he came on board as the union chairman in the state.
He called on the National Assembly to remove teachers from the local government coppers, explaining that the local authorities have the lowest allocation with over-crowded financial burdens.
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