Yabatech Ssanip Empowers Staff With N1 Billion Zenith Bank Loan

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Yabatech Ssanip Empowers Staff With N1 Billion Zenith Bank Loan

The Senior Staff Association of Nigeria Polytechnic (SSANIP) Yaba College of Technology (Yabatech) led by Comrade Kayode Adekunle Samuel has empowered the staff of the College by making N1 Billion available through Zenith Bank loan.

The SSANIP in its magnanimity by making the loan accessible to all staff without any restriction, and the fund which came as a huge relief to the entire staff will in no doubt tremendously help to sort out personal financial obligation and create awareness for investment purpose.

Speaking with our corresspondence the SSANIP Chairman, Comrade Kayode Samuel disclosed that the loan based on 18 percent without administration charges will run for three years duration. He noted that 478 staffs are beneficiaries from the first batch, and the total amount disbursed so far was N58,900,000.00, Fifty Eight Million, Nine Hundred Thousand Naira only, while the second batch process has commenced. He disclosed that Zenith Bank being a credible partner of the union has promised to add to the fund if exhausted.

Kayode said that SSANIP has a cordial relationship with sister unions, “We don’t discriminate because the union believe in one family, the reason loan is not for SSANIP members alone but made accessible for all staff”.