Kwara LGAs share N794m to pay salaries

Date: 2016-06-02

All the sixteen local government areas in Kwara State have received the sum of N12.5 million each in addition to the federal allocation of N794, 854, 933.26 for the month of May, 2016 to augment salary payment.

The Commissioner for Finance, Alhaji Demola Banu, while speaking with journalists after the State Joint Account Allocation Committee (JAAC) meeting in Ilorin, said the fund was to increase the capacity of the LG councils to pay salary to their workers.

Banu said that the N200 million augmentations came from the savings accrued to the 16 Local Government Councils from the Federal Government's recent restructuring of loans. He noted that the 16 LGs still pay N170million monthly to banks for previous salary-related borrowing.

He explained that the statutory allocation to the LGs for the month of May stood at N794, 854, 933.26 as against N856, 869, 905.52 received in April; VAT of N344, 139, 224.32; Exchange Difference of N8, 911, 768.03 and a 10 per cent IGR from state government which stood at N73, 316, 385.65, as against N62, 389, 491.24 they got in April.

The commissioner disclosed that N1.2billion is required monthly for SUBEB staff salary as opposed to N462, 051, 119.75 appropriated for teachers' salary; He said N397, 188, 394.30 is required for local government pensioners arrears as opposed to N152, 934, 451.95 released for the purpose.

On the issue of LG employees, Banu said N302, 110, 867.16 out of the monthly wage of N784, 616, 734.15 was released due to significant reduction in Federal allocation to local government councils in the state.

The JAAC Chairman, who urged the LG chairmen to ensure that the funds were judiciously used for salary payment, assured that the state government will continue to make efforts to ensure salaries are paid promptly.

Also speaking, the chairman of the Kwara State chapter of Nigerian Union of Teachers (NUT), Comrade Musa Abubakar, commended the state government for inviting labour unions to witness the JAAC meeting, saying that the process was transparent. NUT boss, who decried the persistent drop in federal allocation, added that the present situation was precarious and challenging for workers in the state.

He, however, urged the state and local governments to redouble their efforts in ensuring that the lingering salary crisis is resolved on time. Also speaking, the State ALGON chairman, Alhaji AbdulLateef Okandeji, said that the additional N12.5m given to each of the 16 LGs came as a form of relief to them and assured that the funds would be used for the purpose for which it was given.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ahmed Ayinla Jimoh     Ibrahim Bio     April 11     Oniyangi Kunle Sulaiman     Kayode Issa     Hassan Oyeleke     Tunde Kazeem     Ojuekun Sarumi     Sa\'adatu Modibbo-Kawu     Amina El-Imam     Abdulazeez Uthman     Usman Alkali Baba     Ajuloopin     Tope Daramola     Veterinary Teaching Hospital     Jare Olatundun     Ilorin South     Igosun     Ilorin Likeminds Foundation     Okin Malt     Olukotun Of Ikotun     Moses Afolayan     NYSC     AbdulGaniyu Kareem     Soffiyyallah Kamaldeen     Medview Airlines     Galland Marcias     Olaoye B. Felix     KSIRS     Abdulmutalib Shittu     Col. Adedipe     Okiki     AGF Abdulrazaq     Kolawole Bashirat     Simeon Ajibola     Funmilayo Mohammed     Special Adviser On Digital Innovation     Rihanat Ajia     Ekiti     Village Alive Development Association     Baruba     Ayeyemi Sulaiman     Osi     Kwara Metro Park     Samuel Elizabeth Keatswa     Dapo Teni Nig Enterprise     Mohammed Abduraheem     07039448763     Jimba Babatunde     Waheed Ibrahim     Sherif Shagaya     Just Event Online     Kamaldeen Kehinde     Bola Magaji     Jaiz Bank     Communication Network Support Services     Shero     Abdulwahab Oba     Akume     Balogin Alanamu     Balogun Fulani     Lanwa     Kwha.gov.ng     Olam Food Ingredients     AGILE Programme     Just Law Forum     2023 Elections     Michael Ologundea     Trade Lenda SME Fair     Unilorin FM     Gbadeyan Gbadura Yomi     KWASSIP     Elewu     AbdulKareem Yusuf Danhawa     Cassava Growers\' Association     James Ayeni     Idi-Ape    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Voices Of Tomorrow     Code Of Conduct     Samari     Ahmed \'Lateef     Micheal Imodu-Ganmo Road     Adaramaja     Abdulrahman Abdulrazak     Adekunle David Dunmade     KWSIEC     Toyin Sanusi     Hijaab     UNIFEMGA     Jaiz Bank     Egbejila     Centre For Digital Economy     Manzuma     Ilorin Talaka Parapo     Adesoye College     Temitope Ogunbanke     Jumoke F. Ajao     Toyin Abdullahi     Olusin Of Ijara Isin     Yusuf Amuda Aluko     Olatunde Oyeyiola     Agbarigidoma     Niyi Ogundiran     Isa Aremu     Col. Taiwo     Wakilin Mata Lafiagi     Abubakar Suleiman     GANZY     Segun Abifarin     Baruten     Doyin Group     Binta Sulyman     Yekini Adio     Isiaka Oniwa     Sanitation Exercise     Aremu Odolaye     NAWOJ     Gobir Organization Foundation     Abdulganiyu Oladosu     Aso Ofi     Omotoso Musa     Abdullahi Saadudeen Alikinla     Amina El-Imam     AGM Professional Services     Turaki     Nurudeen Mohammed     Taofeek Ibraheem     A.G.F Abdulrasaq     Fatima Abolore Jimoh     ER-KANG     African Democratic Congress     Maigidasanma     Okeose Christian Cementary     Modibbo Kawu     Gbadeyan Gbadura Yomi     Ebun-Olu Adegboruwa     Kwara Liberation Group     Haruna Olawale Sulaiman     Ishola Abdullahi     Muhammad Akande Olarewaju Odunade     Ojuekun     Ado Ibrahim     Iyabo Adisa Ibiyeye     Oba-Solagberu     Sardauna Of Ilorin     Lasiele Alabi Yahaya     Toyosi Thomas     CT Ayeni     Olupako Of Share     Ophthalmological Society Of Nigeria     Adedayo Yusuf Abdulkareem     Radio Kwara     Yusuf Lanre Badmus     Kwara Muslim Pilgrims Welfare Board