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.

Ifelodun     Yakubu Gobir     Tafida     Tsaragi     Olatunji Abdulmumeen     Roheemat Hammed     Saad Belgore     Undergraduate Bursary     T And K FOODS     Adebayo Salami     Amada Jidda     Yahya Mohammed     Sheikh Ridhwanullah     Muhammadu Buhari     Minimum Wage     Coalition Of Kwara North Groups     Adebara     Muhammad-Mustapha Suleiman     Ahmed Saidu Rufai     Ahmed Shuaib Buranga     Moji Makanjuola     Salau Kabiru Abdullahi     Alabe     Mohammed Danjuma     Al-Ilory     Agboola Babatunde     Benin Republic     Abdulbaqi Jimoh     Siraj Oyewale     Ahmed Bayero     Ajike People Support Centre     Balogun-Ojomu     IYA YUSUF     Jawondo     Omotoso     College Of Education     Firdaos Amasa     Labaeka     CCT     Kubra Kazum     Rapheal Ashaolu     Agor     Salmon Babatunde Salmon     Gbenga Adebayo     Yusuf Babatunde Abdulwahab     Omoniyi M. Ayinla     Salami Adekunle     Ahmad Olayiwola Kamaldeen     Mazars Consulting     Olohungbebe     Laolu Saraki     Gbajabiamila     Nigerian Supreme Council For Islamic Affairs     Paul Olawoore     Ibikunle Ogunleye     Oba Mogaji Abdulkadir     Laboratory-to-Product     Ogbondoroko     Amusa Bello     Abdulfatai Baakini     Nurudeen Mohammed     John Kehinde Salako     Oke-Ogun     Charles Ibitoye     Ahmad Uthman     Oba Of Jebba     Abdulfatai Ahmed     Radio Kwara     Bayo Mohammed Onimode     Oluronke Adeyemi     Law School Scholarship     Sherif Sagaya     Kemi Adeosun     Mohammed Jimoh Faworaja     Oladimeji Thompson     Share-Tsaragi     Oloje    

Cloud Tag: What's trending

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

Abdullahi AbdulMajeed     Lanre Badmas     Simon Sayomi     Awoye     Toyin Saraki     Senate Presidency     Aso-ofi     Sarah Jubril     Muhammed Akanbi     Osuwa     Senior Ibrahim Suleiman     Samuel Elizabeth Keatswa     Abdulsalam Firdaous Amosa     Muhammad Mustapha Suleiman     Alabe     Justina Oha     Noah Yusuf     Tinubu     Adegoke Bamidele     Michael Ologundea     Elerinjare-Ibobo     Basit Olatunji     Lanre Issa-Onilu     Victor Gbenga Yusuf     Just Law Forum     Simeon Sule Ajibola     Jumoke Monsura Gafar     Moses Afolayan     Valsolar     Salihu Yahaya     Shonga     Umar Ayinla Saro     Bashiru Makama     Col. Ibrahim Taiwo     Bello John Olanrewaju     Ramadan     Gani Saadu     Arinola Lawal     Muhammad Sirajo Aliyu     Facemasks     Kwara South     Bolaji Gambari     Bankole Omisore     Albert Ogunsola     Rotimi Samuel Olujide     Yekini Adio     Babatunde Ishola Babaita     Ahmed Bayero     Yusuf Abubakar     Peculiar Allowance     Ilorin South Constituency     Ayodele Olaosebikan     Babatunde Idiagbon     Ado Bayero     Ajibike Katibi     Mohammed Yahaya Barki     Oloje     Isiaka Gold     Neo Mundo Ltd     Babaita     Kwara Coalition Of Business And Professional Associations     Bello Oyedepo     Mohammed Halidu     Hamidat Sulyman-Yusuf     Abdulrahman Onikijipa     MalHub     Sobi Specialist Hospital     Segun Adeniyi     Minister     Musbau A. Akanji     Earlyon Technologies     Sebastine Obasi     Isiaka Oniwa     David Oyepinola Adedumoye     YAKOOYO     Kwara State Branch Of The National Library     Tayo Awodiji