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.

Kpotum Mohammed Baba     Eleja Taiwo Banu     Lithium Deposit     Erin-ile     Millennium Development Goals     Rachael Obisesan     Fulani     Adebayo Salami     Michael Imoudu National Institute For Labour Studies     Erubu Oba Zubair     Ayinde Oki     Alapado     Just Event Online     Kwara Apc     Muhammad-Mustapha Suleiman     Ayodele Shittu     Tafida Of Ilorin     Abubakar Lah     Oko     Mutawali Of Ilorin     Overland     Bayo Ojo     Aliyu Salihu     Kwara State Television     Micheal Imoudu     Amuda Musbau     Oloyede     Femtech     Buhari     Raimi Iyanda     Saadu Alanamu     Gabriel Fashanu     Senate     Kazeem Gbolagade     Haruna Tambiri Mohammed     Shagari     Ella Supreme Tissue Paper     Mary Kemi Adeosun     Rihanat Ajia     Edu     Abubakar Abdullahi Bata     Ajakaye     Olayinka Jelili Yusuf     Allocation     Alimi Abdulrazaq     Medinat Folorunsho Salman     Nigerian Correctional Service     Special Agro-Industrial Hub     Ganmo     MMWG     Hydro-electric Power Producing Areas Development Commission     Abdul-Rahoof Bello     Senior Ibrahim Suleiman     Kehinde Baale     Moshood Kashimawo Abiola     Yusuf Amuda Aluko     KWIRS     Yahya Mohammed     AbdulHakeem Ajibola Akanbi     Coalition Of Kwara North Groups     Abdullateef Abdussalam     David Oyerinola Adedunmoye     Yeketi     Omu Aran     Maryam Ado Bayero     Raheem Adaramaja     Aliyu Muhammed     Modibbo Kawu     Abraysports FC     Charles Ibitoye     Radio SBS     Sobi     Elerinjare     Omotoso Musa     M.Y. Abdulrahaman     Oju Ekun Sarumi     Abdulkadri Ahmad Alaiye    

Cloud Tag: What's trending

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

Saadu Alanamu     Awodun     AbdulQowiy Olododo     Prince Sunday Fagbemi     Kwara Basketball Association     Amusement Park     Tunji Oyawoye     AbdulGaniyu Kareem     Ahman Patigi     Kulende     Isin     Radio Kwara     Omoniyi M. Ayinla     Nigeria Governors\' Forum     Lafiagi     SAPZ Project     Sheriff Shagaya     James Ayeni     IFK     Mufutau Gbadamosi Esuwoye     Haleeman Salman     Pakata Development Association     Kwara North     Fareedah Dankaka     Obasanjo     UITH     Salmon Babatunde Salmon     Mujtabah Bature     Elerinjare-Ibobo     Muhammad Fawaz Abubakar     Saliu Mustapha     Tsaragi/Share     Tsado Manman     John Olajide Adedipe     Nigeria Association Of Women Journalists     Wakilin Mata Lafiagi     Saka Aleshinloye     Adebara     UNILORIN Alumni Association     Magaji Nda     General Tunde Idiagbon International Airport Ilorin     Admiralty Villa     Sidikat Uthman Ajibola     Dan Iya     Basic Education Certificate Examination     Atiku Abubakar     Busari Alabi Alausa     Kwarareports     ER-KANG     Ajibola Saliu Ajia     Irepodun     Kola Olota     Dan-Kazeem     SWAN     Jimba Babatunde     Saka Balikis Kehinde     Ajidagba     John Mayokun Dada     Smart School     Busari Toyin Isiaka     Olayinka Are     Kumbi Titiloye     Adesoye     Yinka Aluko     Moremi High School     Mogaji Aare     Esuwoye     Aisha Ahman Pategi     Mohammed Kamaludeen     Vishvas KOZ Tractors     Convocation Ceremonies     Egbejila     Bashir Badawi     Shehu Alimi Foundation     Umar Yakubu Jaja     Forgo Battery Company Limited     John Kehinde Salako