Govt augments LGs salaries with N180m

Date: 2016-09-01

The 16 local governments in Kwara are to receive an augmentation of N180.5 from the Joint Allocation Accounts Committee (JAAC) to enable them to meet salary and pension obligations for the month of August.

Alhaji Demola Banu, the Commissioner for Finance, disclosed this after the JAAC meeting on Wednesday in Ilorin. He said local government pensioners got N59.4 million in addition to the N109.2 million that was appropriated.

He added that the local government workers would share the remaining N121,154, 384 in addition to the N343,204, 644 that was released to them. Banu said the augmentation became necessary as the August allocation was far lesser than what was required for the councils to meet their salary and pension obligations.

Giving further breakdown of the allocation distribution for August, the Commissioner said the gross statutory allocation for the councils stood at N1, 014, 706, 902.57, exchange gain difference of N400,092,205.09 and VAT of 352, 876, and 481.73.

According to him, the sum of N273, 114, 949.65 was deducted at source as repayment for the LGs previous salary related borrowings from banks. He said after the deductions, the net statutory allocation for the LGs stood at N1, 494, 560, 639.74. He disclosed that the sum of N1, 040, 600, 000 was appropriated for Basic Education Teachers' salaries.

Banu explained that in addition, 10 per cent of the state's Internally Generated Revenue (IGR) for August, representing N59.4million, was added to the teachers' salaries, making a total of N1.1billion. Banu said the sum of N343, 204, 644.63 was appropriated for LG employees' salaries, while N109, 255, 995.11 was released for LG pensioners' arrears.

Other deductions, according to the commissioner, are 1 per cent training fund, which stands at N500,000 and 0.5 per cent JAAC budget, representing N1million. The commissioner decried the drop in August allocation to the LGs, noting that it was far lower than the amount required by the councils to meet their monthly salary and pension obligations.

He, however, expressed optimism that subsequent allocations could improve as the Niger Delta Avengers had promised to stop attacks on oil facilities. Meanwhile, the Senior Special Assistant to the State Governor on Media and Communications, Dr Muyideen Akorede, said the government remained committed to assisting the councils in meeting their salary obligations in the face of scarce resources.

He said the government was worried about the workers' plight, assuring them that the government's commitment to assist LGs remained firm. He, however, said that such assistance could only be rendered within the limit of the law and resources at the disposal of the state Government.NAN

 

Cloud Tag: What's trending

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

Tunji Folami     Omotoso     A.O. Belgore     RTEAN     Lotus Bank     Baba Adini Of Kwara State     Local Government Pension Board     Mahee Abdulkadir     Hauwa Nuru     Funmilayo Braithwaite     Apaola     Na\'Allah     T And K FOODS     Mahmud Durosinlohun Atiku     Hassan A. Saliu     Mohammed Yahaya Barki     Ita-Ore     Mumini Ishola Hanafi     Kamaldeen Ajibade     MMWG     General Tunde Idiagbon International Airport     Isiaka AbdulRazaq     Abdulkarim Adisa     Democracy Day     A.E. Afolabi     General Hospital     Shuaibu Yaman     Risikat Lawal     Kola Ologbondiyan     Gabriel Fashanu     Ademola Kiyesola     Moses Rahman Popoola     Ganiyu Abolarin     Valsolar Consultoria     Modibbo Kawu     Samuel Adaramola     Maigida Soludero Transit     Kwara Pdp     S.O. Opowoye     School Of Nursing     Rashidi Yekini     Idris Garuba     Yunus Oniboki     David Adesina     Saka Onimago     Countryside Emerging Leaders Fellowship     Aminat Ahmed     Hausa     Musibau Akanji     Arinola Fatimoh Lawal     Valsolar Consortium     Summit University     Col. Adedipe     Abdulfatai Ahmed     Kwara State Fire Service     Ibrahim Gambari     Halidu Danbaba     Funmilayo Zubair     Abdulfatah Ahmed     Ilesha-Baruba-Gwanara     Yakub Lai Gobir     Sam Okaula     Isiaka Oniwa     Oyeyemi Olasumbo Florence     Ahmed \'Lateef     Dar-Al-Handasah Consultants     Ilesha Gwanara Road     Hamidu Olowo     Ibrahim Abdullahi     Aliyu Kora Sabi     Medview Airlines     Logun     Saidu Yaro Musa     KW-GIS     Jare Olatundun     Issa Baba     Yusuf Aiyedun    

Cloud Tag: What's trending

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

Law School Scholarship     Kola Ologbondiyan     Dele Momodu     Sheikh Ridhwanullah     David Oyepinola Adedumoye     Habeeb Saidu     Adamu Atta     Ilota     Monsurat Omotosho     Irepodun     Sulyman Abdulkareem     Lithium Deposit     Volunteers Of Ilorin Community And The Emirate     Jebba     Ahmed Dankaya     Joshua Adeyemi Adimula     Taibat Ayinke Ahmed     Bukola Saraki     Olomu     Park     Kwara State Football Association     Taofik Abdulkareem     AbdulRazaq Abubakar Jiddah     Hamidat Sulyman-Yusuf     Akanji     Rachael Obisesan     Kwara Muslim Pilgrims Welfare Board     Reuben Paraje     Oke-Oyi     Offa Metropolitan Club     Offa Grammer School     C2c@kwarastate.gov.ng     Abubakar Kawu Baraje     General Hospital, Ilorin     ASUU     John Mayokun Dada     Abatemi-Usman     Elesie Of Esie     Kwara State Council Of Chiefs     Pategi     Olaiya Zuberu     Siraj Oyewale     Sebastine Obasi     Ibrahim Abdullahi     Abdulfatai Ahmed     Gambari     Fulani     Folorunsho Erubu     Iyaloja-General     LABTOP     Atunwa     JSSCE     Ajayi Okasanmi     A.G.F Abdulrasaq     Atiku     Kanu Agabi     Sambo Murtala     Shuaib Olarongbe     Kolawole Bashirat     Illyasu Abdullahi     Olupako Of Share     Imam Gambari     Adesoye College     Bamikole Omishore     Yakubu Gobir     Dar-Al-Handasah Consultants     Towoju     Valsolar Consultoria     Lafiagi     Isaac Gbenle     Ilorin Talaka Parapo (ITP)     Adama Isa     Basit Olatunji     Eleja     KFA     Azeez Bello     Kola Bukoye