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.

Opobiyi     PAACO-PCL Consortium     Lanre Issa Onilu     Freshvine Nigeria Limited     Sayomi     Arandun     Aliyu Kora Sabi     IHS Towers     Ilorin South Constituency     AbdulKareem Yusuf Danhawa     Joseph Alex Offorjama     Mary Kemi Adeosun     Samuel Olusegun Adedayo     Haliru Yahaya     George Innih     Bello Oyedepo     Omoniyi Ayinla     Sadiq Umar     Democracy Day     Ridwan Agboola     Ibrahim Issa Jetti     Tunji Folami     C2c@kwarastate.gov.ng     Kayode Yusuf     All Peoples Party     Khadijat Ayoola Yusuf     Ndakene     Oba-Solagberu     KWIRS     Baba Issa     Aliyu Sabi     Ramat Oganija     Kwara State Internal Revenue Service     Majlis For Sadakah, Zakat And Waqf     Makama Of Ilorin     COEASU     Okin Biscuit     Muideen Olaniyi Alalade     Ibrahim Oloriegbe     Sulyman Buhari     Ilorin South     Kayode Laro     Olusin Of Ijara Isin     Oyin-Zubair     BIR     Suleiman Ajadi     Najim Yaasin     Quareeb     Muhammadu Gobir     Musibau Akanji     SGBN     Maigidasanma     Wahab Olasupo Egbewole     Tinubu     Olateju Lukman     Saad Belgore     Oloje     Ahmed Shuaib Buranga     Abdullahi Samari     Justina Oha     Paul Olawoore     Yakubu Mohammed Abdullahi     Kwara State Television (KWTV)     Transition Implementation Committee     Abdulmumini AbdulRazaq     Lanwa     March 28     JSSCE     Saad Omo\'ya     Vasolar-Kwara Company Ltd     Abdulrauf Yusuf     Olomu     Omoniyi     AGILE Programme     Olosi Of Osi     Bibire Ajape     Umar Danladi Shero    

Cloud Tag: What's trending

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

Samari     Kupchi Hosea Maxwell     Ogidi-Oloje     Third Estate     Femtech     Special Adviser On Digital Innovation     Offa Descendants Union     Erin-ile     Read With Me     Abdullateef Abdussalam     CACOVID Palliatives     Ndama Al-hassan     Ishaq Salman     Shehu Alimi Foundation For Peace And Development     Isau     Titus Suberu-Ajibola     Junior Secondary School Certificate Examinations     Idiagbon     ANCOPPS     Prince Mahe Abdulkadir     Mufti Of Ilorin     Ishaq Oloyede     Lanre Issa Onilu     Lateef Alagbonsi     Public Holiday     Air Peace     Kwarareports.com     Abdulkadir Akanbi-Oke     Muhammad Fawaz Abubakar     Danhawa     Falokun-Oja     Akeem Lawal     Ladi Hassan     Ali Ahmad     March 28     Ibrahim Oniye     JUSUN     Kwara Apc     SAPZ Project     Okin High School     Sarafadeen Kayode Akorede     Oko Erin     Bluenile Associates     Ilofa     Moro     Dorcas Afeniforo     Kumbi Titilope     National Union Of Road Transport Workers     Oyedun Juliana Funke     Ayoade Akinnibosun     Ahmad Belgore     Ilorin Muslim Community     Haruna Tambiri Mohammed     Rachael Obisesan     Alfa Yahaya Road     Bureau Of Lands     Village Alive Development Association     Ahmed Alhasssan     Oko-Olowo     Onikijipa     Saheed Akinwumi     Www.Kwarareports.com     Mumini Ishola Hanafi     Ibrahim Gambari     Tafida Of Kaiama     Ileloke     Maryam Ado Bayero     Isaac Gbenle     IsDB     Christian Association Of Nigeria     Towoju     Mufutau Olatinwo     Saliu Oluwole     The Herald     Olatunji Ibrahim     Salihu Alhaji Musa     Ishaq Abdulkarim