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.

Ilorin Central Mosque     Kunle Okeowo     Ilorin Like-Minds     Salman Jawondo     Michael Nzwekwe     Abdulsalam A. Yusuf     Senate Presidency     KWSUED     Kazeem Gbolagade     Afolabi-Oshatimehin     Saliu Ajibola Ajia     Ado Ibrahim     Naira Redesign     Jimoh Bashir     Yakubu Danladi     Kwara State Infrastructure Development Fund     Ahmed Saidu Rufai     Abdulrazak Shehu Akorede     Yeketi     Ibraheem Abdullateef     HICA     Shettima     Olatunji Bamgbola     Ayo Salami     Usman Yunusa     Baba Issa     Moremi High School     Asa     Tafidan Kaiama     Maigida     Kassim Babamale     Moji Makanjuola     Radio Kwara     Toun Okewale-Sonaiya     Abdulkadir Orire     Olajumoke Monsura Gafar     KWASSIP     Eghe Igbinehin     Saad Belgore     Women For Change And Development Initiative     Taofik Mustapha     James Kolo     Press Release     Basit Olatunji     Michael Nzekwe     Yusuf Amuda Abubakar     Simeon Sayomi     Madawaki Of Ilorin     Aisha Ahman-Pategi     Saadatu Modibbo-Kawu     Olufolake Abdulrazaq     Ilesha-Baruba-Gwanara     Olokoba     Olatunji Moronfoye     Saduki Lafiagi     Alloy Chukwuemeka     Wahab Egbewole     Ishola Abdullahi     Funmilayo Zubair     Busari Alabi Alausa     Kwara Liberation Group     SWAN     Twitter     Ubandoma     Ilorin Amusement Park     Elerin Of Adanla     Rasheed Jimoh     Isiaka Yusuf     Ijagbo     Baaziki Sulaiman     ER-KANG Mining Nigeria Company Limited     Galadima     Ajase-Ipo     Valsolar Consortium     Alimi Abdulrazaq     Federal Neuro-Psychiatric Hospital     Oju Ekun Sarumi    

Cloud Tag: What's trending

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

Olabode George Towoju     Ekweremadu     Ilorin Likeminds Foundation     Bond     Micheal Imoudu     Bello Bature     Sa\'adatu Modibbo-Kawu     Raliat AbdulRazaq     Alaro     Bello Oyedepo     Victor Gbenga Yusuf     College Of Health     Kwara State Printing And Publishing Corporation     Oyin-Zubair     Abdulhakeem Adelaja Amao     Abdulrazaq Solihudeen     Mansurat Amuda-Kannike     Seed Technologies     Abdulrahman Abdulrazaq     Muhammadu Buhari     Oyun     Jeunkunu-Malete-Bani     Mahmud Ayinla Giwa     Student Learning Support Helpline     Hydroelectric Power Producing Areas Development Commission     Osinbajo     Akande Idowu Ayoola Muhammed     Adolescent Girls Initiative For Learning And Empowerment     Oasis Muslim Care Foundation     Dapo Teni Nig Enterprise     Saeedat Aliyu     Ogbondoroko     Ramat Oganija     Code Of Conduct     Oyedun Juliana Funke     Akom Construction And Engineering Synergy Ltd     Sherif Shagaya     Mutawali Of Ilorin     Mamman Saba Jibril     Yakubu Gobir     Oju Ekun Sarumi     Oluwarotimi Boluwatife Adenike     Y.A. Abdulkareem     Soffiyyallah Kamaldeen     Musa Ayinla Yeketi     Chikanda     Olabanji Orilonishe     Sidikat Alaya     Wahab Agbaje     Raji AbdulRasaq     Monthly Sanitation     Kupchi Hosea Maxwell     Fatai Garuba Labaka     Jare Olatundun     Government House     Kazeem Oladepo     Gbadeyan Gbadura Yomi     Sunset Workers     Iqra Books     Basic Education Certificate Examination     Fareedah Dankaka     Razaq Atunwa     Monsurat Omotosho     Matthew Babaoye     Dan Masanin     Sango-UITH Road     Federal College Of Education (Special), Afon     Special Adviser On Digital Innovation     John Kehinde Salako     Ibrahim Abdulqadir Abikan     Raliat Elelu-Habeeb     Shade Omoniyi     Buari Edun     SAPZ Project     Olomu     Solomon Edojah     Aisha Buhari