Kwara orders workers to open account with commercial banks

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Kwara orders workers to open account with commercial banks
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Kwara state government Tuesday directed workers in the state operating microfinance banks for their salary account to immediately...

Kwara state government Tuesday directed workers in the state operating microfinance banks for their salary account to immediately open accounts in commercial banks.

Finance Commissioner Florence Oyeyemi told reporters in Ilorin, the state capital, adding that the process is to ease salary payment. Mrs. Oyeyemi said that the directive became imperative in order to fast track monthly payment of salary and avoid technical errors which could cause unnecessary delay in getting workers’ entitlements as at when due.“All Kwara state civil servants are mandated to open salary account with commercial banks between February 5 and 18, 2020 for the purpose of salary payments, as payment will no longer be made to any Microfinance bank account moving forward,” she said.

The commissioner also said that the issue is in line with the agreements in place as negotiations on the payment of the new minimum wage reached an advanced stage.

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