Rivers sets up interest-free loans to civil servants


– Set to clamp down on street trading after Easter holidays

By Codratus Godson

The Rivers State government says it has felt for indigent civil servants in the state and has set up an interest-free but revolving loan scheme for them.

This is as the state government has is set to dish out bitter pills to another set of indigent people in the state; street traders, who would be hunted off the streets any moment after Easter holidays.

The state government called the loans a Special Revolving Loan Scheme (SRLS).

The decision to set up the scheme was taken at the State Executive Council meeting presided over by the governor, Nyesom Ezenwo Wike, in the week.

Briefing Government House press corps after the council meeting, State Commissioner of Information and Communication, Emma Okah, said that the Loan Scheme would be interest-free.

He added that the loans would be available to civil servants in need. He said that civil servants were not expected to provide collateral before they could ccess the loans.

According to him, the idea of the scheme is to ensure that civil servants with peculiar needs, but were unable to raise funds, could receive support.

Speaking further, the Commissioner informed that the State Executive Council declared a state of emergency on the trading on major roads, which he said has negatively affected the environmental sanitation of the state capital.

He announced that all street traders have an ultimatum of seven days to quit the roads, after which the State Government would start a determined enforcement to clean up the metropolis.

The commissioner announced the establishment of National Festival Committee to organise the NAFEST 2018 taking place in the state later in the year.

He also informed that the State Executive Council approved the setting up of the Water Board Committee.  Both boards would be inaugurated by the Rivers State Governor on Thursday.