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.

Oyelere Oyinloye     Tope Daramola     Abdulrazaq Adebayo     Taibat Ayinke Ahmed     Yoruba     Owo Arugbo     Ghali Muhammed     Salihu S. Yaru     Bank Of Industry     Age AbdulKareem     2023 Elections     Hydro-electric Power Producing Areas Development Commission     Siraj Oyewale     Moses Rahman Popoola     TETFUND     Ayekale     Saba Jibril     Idris Amosa Saidu     Afusat Nike Ibrahim     Road Transport Employers Association Of Nigeria     Aasiyat Bello Oyedepo     Adamu Attah     Ahmad Uthman     Abdulkarim Adisa     Makama     Ilorin Emirate Staff Association     Yakubu Dogara     Bluenile Associates     Mohammed Yisa     ITEM 7     Rotimi Samuel Olujide     Osi     Bamikole Omishore     Umaru Saro     Toyin Sanusi     Rebecca Olanrewaju     Maryam Nurudeen     Adamu B. Yaqubu     Ajibola Saliu Ajia     Oya State     Idowu Aremu     GAMA     Adewuyi Funmilayo     Olukotun Of Ikotun     Valsolar Consortium     Ahmad Fatima Bisola     Idi-Ape     Principal Private Secretary     Mujtabah Bature     Haruna Tambiri Mohammed     Joseph Daudu     Shagari     Maja     Adesoye College     Kwara TV     ER-KANG     Zara Umar     Millennium Development Goals     New Naira Notes     Jani Ibrahim     Binta Abubakar Mora     Saliu Ajibola Ajia     Yakubu Danladi     Isiaka Rafiu Mope     Undergraduate Bursary     Owo Isowo     Voices Of Tomorrow     Kunbi Titiloye     Wahab Olasupo Egbewole     Jumoke Gafar     Bolaji Nagode     Oniwa     Ola Falade     Adesoye     Tafida Of Ilorin     Raliat Elelu-Habeeb     Aisha Ahman-Pategi    

Cloud Tag: What's trending

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

KWATMA     Aliyu Salihu     Mustapha Akanbi     Omoniyi Ayinla     Farouk Salim     Hydroelectric Power Producing Areas Development Commission     Idris Garuba     Ebola     Abdulwahab Olarewaju Issa     David Oyerinola Adedunmoye     JMK Construction Company Limited     Mashood Abdulrafiu Agboola     Deji Ajani     Ganmo     Chief Imam Of Ilorin     Belgore     Issa Oloruntogun     Kazeem Gbolagade     Olatunde Oyeyiola     Ogidi-Oloje     John Olobayo     AGILE Programme     Na\'Allah     Ajakaye     Funmilayo Mohammed     Neuropsychiatric Hospital     Opaleke Bukola Iyabo     Femi Oladiji     Sabi     Alabere     Valsolar Consultoria     Iyaloja-General     Ilorin.Info     Hassan Saliu     Adekunle David Dunmade     Oasis Muslim Care Foundation     Bamidele Aluko     Tanke Road     Apaola     IFK     Abatemi-Usman     Okin Malt     Ogbondoroko     Saidu Isa     Pius Abioje     Maja     Shola Odetundun     Code Of Conduct Tribunal     Bond     Popo-Igbonna     Mogaji Aare     Afetu Of Alabe     Musa Yeketi     David Adesina     Kwara Apc     Lawal Olohungbebe     Ado Ibrahim     Afeyin-Olukuta     Savannah Centre For Diplomacy, Democracy And Development     Joseph Daudu     Kwara Coalition Of Business And Professional Associations     Guber Aspirant     Zainab Abass     School Of Nursing     Kehinde Boyede     Orisa Bridge     Buari Edun     Fatimoh Lawal     Fatima Abolore Jimoh     Idowu Aremu     Sardauna     SWAN     Abubakar Usman Jos     Kpotum Mohammed Baba     Kudirat Arinola Lawal     ER-KANG Mining     Congress For National Consensus