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.

Ahman Pategi University     Quran     Yahaya Abdulkareem Babaita     Bamikole Omishore     QuickWin     Abikan     Peter Obi     Salaudeen Oyewale     Wahab Abayawo     Abdulmalik Bashir Mopelola Risikatullahi     Ilorin Emirate     Abubakar Lah     Geri-Alimi Split Diamond Interchange     Ilorin Emirate Stakeholders Forum     Hydro-electric Power Producing Areas Development Commission     Yekeen Alabi     Yahaya Muhammad     Kwara North     Muritala Olarewaju     Sobi Hill     Gwanara     Awili Pedro     Share     Oloje     Ibrahim Oloriegbe     Dar-Al-Handasah Consultants Ltd     Issa Oloruntogun     Saadatu Modibbo-Kawu     George Innih     KWASAA     IYA YUSUF     Kanu Agabi     Coalition Of Kwara North Groups     Lanre Olosunde     Ishaq Abdulkarim     Mohammed Ibrahim     Abdulwahab Oba     Tafida     Mope Dasuki Belgore     Abubakar Bature Sulu-Gambari     Olota Of Odo-Owa     John Olobayo     Kola Adesina     Code Of Conduct Tribunal     Mazars Consulting     Veterinary Teaching Hospital     Offa Metropolitan Club     Park     Maryam A. Garuba     Sunset Workers     Sulu Gambari     Lanre Jimoh     Kwara State Geographic Information Service     Ibrahim Labaika     Abdulfatah Ahmed     Ojuekun Sarumi     Facebook     Ilesha-Baruba-Gwanara     Oniwasi Agbaye     Saidu Yaro Musa     Seun Bolaji     Aisha Buhari     Yusuf Aiyedun     Omotoso Musa     PAACO-PCL Consortium     Nigerian Medical Association     Gabriel Fashanu     Kayode Zubair     Folorunsho Alao     Alliance For Democracy     Marufat Oladosu     SSA Youth     Young Progressives Party     Fatai Garuba Labaka     Kehinde Baale     Bola Sagaya     Shuaibu Yaman    

Cloud Tag: What's trending

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

Kola Olota     Henry Makinwa     Salami Adekunle     Balikis Jawondo     Ganiyu Taofiq     Mohammed Katsina Ahmed     KWASIEC     Okiki     Samuel Adaramola     Mutawali     Sarafadeen Kayode Akorede     Kemi Adeosun     Jimoh Akani     Sherif Sagaya     Logun     Abdul-Rahoof Bello     Ilorin East     Rasaq Jimoh     Raliat Islamic Foundation     Kunle Akogun     Undergraduate Bursary     Ramat Oganija     Lateef Ademola Olatunji     Dar-Al-Handasah Consultants Ltd     Muhammadu Buhari     Sanusi Abubakar     Kola Shittu     Chikanda     NaAllah     Musa Aibinu     Yakubu Mohammed Abdullahi     T And K FOODS     CT Ayeni     Quran     Lawal Arinola Kudirat     Kwara Polytechnic     Mutawali Of Ilorin     Ahmed     Gobir Organization Foundation     Umar Bayo Abdulwahab     Lotus Bank     Oluwarotimi Boluwatife Adenike     Olufolake Abdulrazaq     Bukola Saraki     Yakubu Dogara     Temi Kolawole     Hydroelectric Power Producing Areas Development Commission     Kwara 2019     Busari Toyin Isiaka     Najim Yaasin     Amuda Bembe     Alimi Abdulrazaq     Chief Imam Of Lafiagi     Mumeen Lah     Obuh     Okanlawon Taiwo     Tsado Manman     Yusuf Zulu-Gambari     Elerin Of Erin-Ile     Elerinjare     Tafida Of Ilorin     Haleeman Salman     Oba Of Jebba     Kwara State Football Association     Just Law Forum     Savannah Centre For Diplomacy, Democracy And Development     Aso Ofi     Dan Masanin     AIT Ilorin     Amuda Aluko     Oyun     Theophilus Oyebiyi     Emir Of Yashikira     Kola Bukoye     Alaro     Bola Iyabo Ibiyeye Adisa     Col. Adedipe