JAAC: Kwara LGs share N504.7m, teachers get N900m for August

Date: 2017-08-29

The 16 Local Government Areas of Kwara State on Monday shared N504, 751, 311.26 for the month of August , as N900 million was released for the payment of State Universal Basic Education Board (SUBEB) teachers' salary.

The ALGON Chairman who is also TIC Chairman of Ilorin South LG,Alhaja Funmilayo Salau, disclosed this at the monthly State Joint Accounts Allocation Committee (JAAC) meeting held at conference room, Ministry of Finance in Ilorin.

She explained that the figure included the 10 per cent of the State government's Internally Generated Revenue (IGR) distributable for the month, representing N55, 192, 611.61

The Chairman said that the total amount distributable among the 16 LGs after deductions in line with law guiding JAAC stood at N504,751,311.26.

Salau explained that statutory allocation for month of August stood at N1,424,951,058.78 as against N2,158, 751,253.97 received in July ;10 per cent IGR from state government,N55,192,611.61 as against N35,096,550.68 in July. She explained further that the fund was appropriated in line with law guiding the local government account which included;Teachers salary N900,000,000;LG and LGEA pension N226,241,627.45 among others.

"The gross statutory allocation for the LGs stands at N1, 424, 951, 058.78, Value Added Tax (VAT) N432,394,623.32.

"N900, 000,000 was appropriated for the payment of Basic Education teachers' salary, while the sum of N226, 241, 627.45 was allocated for LG pensioners' arrears,"she stated . She said that N273, 114, 949.65 was deducted at source as repayment for the LGs previous borrowings from the banks.

She however, assured that the state government would continue to make concerted efforts to ensure prompt payment of workers,according to her, the committee also agreed that 61.2 per cent of salary should be paid to all local government staff.

 

Cloud Tag: What's trending

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

Yusuf Ali     Senior Special Assistant On Student Affairs     Yusuf Mubarak     Ilorin Muslim Community     Forgo Battery     Kehinde Baale     Ndama Al-hassan     Abdullah Janet Amudat     Gbemisola Saraki     Yemi Osinbajo     Aishatu Ahmed Gobir     Isiaka Gold     Tafida     Popo-Igbonna     Saliu Shola Taofeek     Suraj Tunji Oyewale     Osi     Isiaka Abdulrazak     Bayo Mohammed Onimode     Omoniyi     CBT     Yusuf Amuda Abubakar     Tsado Manman     Ilorin Anchor Men And Women     GAMA     Ibrahim Abduquadri Abikan     Babatunde Ajeigbe     Nigeria Foundation For Artificial Intelligence     Saheed Popoola     Ajuloopin     Pacify Labs     Alanamu     Ahmad Uthman     Ilesha-Baruba-Gwanara     Aliyu Muyideen     Elelu     Abdulganiy Abimbola Abdussalam     Noah Yusuf     Akanbi-Oke     KWATMA     Aliyu Umar     Christopher Odetunde     Baba-Isale     Abdulrasheed Lafia     KFA     Erubu     NITDA     Ayekale     Ilorin Talaka Parapo     Gabriel Fashanu     Katibi Ibraheem Adeola     CCB     Eleyele     Owo Isowo     Shao     Yomi Adeboye     Abdulrahman Iliasu     Ajase-Ipo     Kwara State Branch Of The National Library     Shade Omoniyi     Bamidele Adegoke Oladimeji     Lawal Arinola Kudirat     Adolescent Girls Initiative For Learning And Empowerment     Wahab Egbewole     Tunji Oyawoye     Ayo Opadokun     Abdulrahman Abdulrazak     Ethical College     Sabitiyu Grillo     Aishat Mohammed Lawal     Amusa Bello     Omoniyi M. Ayinla     Moro     Abdulquawiy Olododo     Kaiama     Chief Imam Of Ilorin     Ibrahim Taiwo Road    

Cloud Tag: What's trending

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

NYSC     Yomi Adeboye     Kwara Basketball Association     Toyosi Thomas     MATTA Girls Foundation     Abdulrosheed Okiki     Omar Gambari     Minister     Saadatu Modibbo-Kawu     Abdulwahab Ololele     John Mayokun Dada     Monsurat Omotosho     Abdulraheem Yusuf     GRA     Wahab Isa     Sarkin Malamai     Samuel Elizabeth Keatswa     Ahmad Fatima Bisola     Yahaya A Paniyaro     Ahmed Saidu Rufai     Ubandoma     Fatimah Abdulkadir     Akume     Bashir Adigun     ASUU     Afolasade Opeyemi Kemi     HYPPADEC     Olusegun Adeniyi     Mumini Ishola Hanafi     KWSUED     Funmilayo Oniwa     Afolayan     Toyin Olayinka Tejidini     AbdulRazaq Abubakar Jiddah     Rashidi Yekini     Yahaya Abdulkareem     Abubakar B.M     Suleiman Abubakar     Yusuf A. Usman     International Public Sector Accounting Standards     Mazars Consulting     Saba Mamman Daniel     Col. Ibrahim Taiwo     Sayomi     Kannike     Abdulkadir Remi Hawawu     Saka Asiat Ayinke     Mashood Abdulrafiu Agboola     Taofeek Sanusi     CCT     Ilorin Muslim Community     JMK Construction Company Limited     Al-Adaby     Omar Bolaji Gambari     Nigeria Computer Society     Justina Oha     Mustapha Olanipekun     Abdulrasheed Lafia     Abdulfatai Ahmed     Tanke Flyover Bridge     Kayode Oyin-Zubair     Tuesday Assayomo     Okedare     Bibire Ajape     Sadiq Buhari     Towoju     Medinat Folorunsho Salman     Kwara Primary Health Care Development Agency     SARS     Oloje     Oniye     Dan Masanin     Adewuyi Funmilayo     FERMA     Lafia Aliyu Korasabi     Alapado     Ishola Abdullahi