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.

Yakubu Mohammed Abdullahi     Abdulwasiu Bolaji Adeyi     Tanke     Olota Of Odo-Owa     Kwara Teaching Service Commission     Oko Erin     Saba Jibril     BECE     Ahmad Ali     Tsaragi-Share     Barakat Community Secondary School     Kolawole Bashirat     Toyin Sanusi     Oko     Borgu     Salary     Okala Baba     Shuaibu Yaman Abdullahi     George Funsho Adebayo     Issa Memunat Moyosore     Risikat Lawal     Matthew Babaoye     Ajuloopin     Javed Khan     IQRA College     Olumide Daniel Ibitoye     Abdullateef Abdussalam     Jalala     Rotimi Atere     KSIRS     Khadijat Ayoola Yusuf     Ibrahim Taiwo Road     Mashood Dauda     Oyedepo     Dasuki Belgore     Ishaq Abdulkarim     Makama Of Kaiama     Ilesha-Gwanara     Abdulraheem Olesin     Ilorin Likeminds Foundation     Akanji     Funke Adedoyin     Abdulrahman Abdulrazaq     Al-Hikmah Radio     Muhammad Akande Olarewaju Odunade     Mazars Consulting     Umar Gunu     Kwara State Governor     Saeedat Aliyu     Ilorin Airport     Akom Construction And Engineering Synergy Ltd     Ayegbeni     Awodun     Rihanat Ajia     Najim Yaasin     Ojuekun Sarumi     Lithium     Okasanmi Ajayi     Onilorin Of Ilorin     PPS     Ishaq Oloyede     Sobi     Yusuf Abdulkadir     Joseph Daudu     Ladi Hassan     Patience Jonathan     Kumbi Titiloye     Ademola Kiyesola     Bola Sagaya     Baba-Isale     Sarakite     Daud Adeshola     Lanre Badmus     Sheikh Ariyibi     Ilorin Curfew     Oba Abdulrahim     Wahab Kunle Shittu    

Cloud Tag: What's trending

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

Timothy Akangbe     Hassan Oyeleke     Idi-Ape     Opolo Global Innovation Limited     KwaraLearn     Abubakar Baba Sulaiman     Bolakale Ayo     Elerinjare-Ibobo     Mohammed Ibrahim     Saka Keji     Umaru Saro     Adamu Atta     IF-K     Kwara     KWSIEC     SUBEB     Alikinla     Bamidele Aluko     Dan Masanin     Emir Of Shonga     Dorcas Afeniforo     Olushola Saraki     Dan-Kazeem     Yashikira     Olokoba     Alore     Al-Ilory     Yakubu Gobir     SDP     Afonja     Danhawa     Gurei     Olayinka Are     Monthly Sanitation Exercise     Ayinde Oyepitan     Ayinke Saka     Federal Polytechnic Offa     Ilorin International Airport     Government High School Adeta     Quranic Recitation Competition     Yusuf Ibitokun Sherifat     Jimoh Olusola Imam     Mumini Ishola Hanafi     SWAN     Muhammadu Gobir     Jide Oyinloye     Ahmad Belgore     Olabode Towoju     Ishak Mohammed Sabi     Muhammadu Buhari     Ajuloopin     Kola Shittu     Sobi Specialist Hospital     Reuben Paraje     Lukman Adeloyin     Halidu Danbaba     Lawal Arinola Kudirat     Amusement Park     Radio SBS     Galland Marcias     Emmanuel Bello     Www.Kwarareports.com     Yahya Mohammed     Saadatu Modibbo-Kawu     Babata     Sa\'ad Alanamu     Danladi     Share/Tsaragi     Isaac Aderemi Kolawole     Mohammed Tunde-Jimoh     Kwara Basketball Association     Apaola     Oniyangi     Shehu Alimi Foundation     Kwha.gov.ng     Royal FM     Sardauna