Kwara local govts get N2.1 billion loan to pay November salaries

Date: 2017-12-08

Chairman of the 16 Local Government areas of Kwara state have agreed to obtain N2.1 billion loan from banks in order to pay November salaries and to meet other financial obligations due to late disbursement of monthly allocation from Federation Account Allocation Committee.

The Commissioner for Local Government, Chieftaincy Affairs and Community Development, Alhaji Haruna Tanbiri Muhammad, made this known after an emergency Joint Account Allocation Committee (JAAC) meeting on Thursday in Ilorin.

"Kwara State government has not received November monthly allocation from Federation Account. The Council chairmen felt that this has become necessary in order to alleviate the plight of the Local government workers," he stated.

According to him, the chairmen applied for the loan in anticipatory of expected November allocation from the federation account, saying that the delay in disbursement of November allocation from Federation Account Allocation Committee (FAAC) has aggravated the suffering of the workers.

He explained that the State Universal Education Board (SUBEB), teachers salary stood at N900,000,000, while LGEA pension would gulp N278,892,566.50 among others.

He explained that anticipatory statutory allocation for the month of November stood at N2,100,000,000 as against N1,555,329,112.84 received in October; 10 percent IGR from the state government was N37,290,837.51.

He revealed that the sum of N280, 045, 355 was deducted at source as repayment for the N4.820billion loan facility the councils obtained in 2015 to pay salaries.

He explained that the fund was appropriated in line with law guiding the local government account which included; teachers salary N900,000,000 and LGEA pension N278,892,566.50 among others.

The Commissioner, however, explained that the 16 LGs shared a total of a distributable amount of N676,8 million for the month of November.

He explained that the distribution of the allocations among the Local Government Councils in the state was done in accordance with section 4(2) of the state Joint Local Government Account Law (cap80) as amended by Law 15 of 2001.

The Commissioner charged the newly sworn in Chairmen to contribute their quota to socio-economic of their respective councils.

The Leaders of the labour unions under the aegis of the Nigeria Labour Union (NLC) led by its Chairman, Comrade Yekeen Agunbiade, urged the state government not to renege in its efforts to assist the 16 LGs to get out of the financial challenges.

Source

 

Cloud Tag: What's trending

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

Bareke     Abdullahi Dasilva Yussuf     Sadiq Umar     Toun Okewale-Sonaiya     Alanamu     Matthew Babaoye     Ganiyu Abolarin     Nigerian Supreme Council For Islamic Affairs     SSA Youth Engagement     Muhammad Mustapha Suleiman     Ilorin     Inside Kwara     Gani Saadu     Gafaru Olayiwola Olorisade     General Hospital     Bamidele Aluko     Sola Saraki University     Lucky Omoluwa     Baakini     Salake     Arinola Lawal     Hijaab     Kudirat Arinola Lawal     Muhammed Akanbi     Oke-Oyi     Saliu Alamoyo     Erubu Oba Zubair     Tunde Kazeem     Isiaka Yusuf     Tunji Moronfoye     JSSCE     Abioye Bello     Kayode Yusuf     Oke-opin     Segun Abifarin     Ganiyu Taofiq     Azeez Salawu     Prince Sunday Fagbemi     National Democratic Congress     Jebba     ENetSuD     Risikat Lawal     Ibrahim Taiwo Road     Allocation     Okin Group     Taofeek Ibraheem     Mohammed Saidu     AbdulRauf Keji     Borgu     Salihu Jibril Garbi     Pakata Patriots     Adebayo Mohammed Kamaldeen     Folajimi Aleshinloye     Saeedat Aliyu     Dankaka     Muhammadu Buhari     Kayode Oyin-Zubair     Abdulrasheed Na\'Allah     Ibraheem Abdullateef     Joseph Yemi Ajayi     Hydro-electric Power Producing Areas Development Commission     Fatai Olodo     Kwara State Geographic Information Service     Ibrahim Mohammed     Harafat E. Mukadam     Ojo Fadumila     Kola Adesina     Abdullah Janet Amudat     Sherif Shagaya     Arinola Fatimoh Lawal     Amasa     Awoye     Mamatu Abdullahi     Otoge     Raliat Islamic Foundation     Bashiru Makama     Yahaya Seriki    

Cloud Tag: What's trending

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

Abraysports FC     Ilorin Curfew     Habeeb Saidu     Yekeen Alabi     Jimoh Bashir     Gbugbu International Market     Tunde Yusuf     Seun Bolaji     Abdulmajeed Wahab     MATTA Girls Foundation     Saka Abimbola Isau     Just Law Forum     Women For Change And Development Initiative     Arca Santa     Afusat Nike Ibrahim     Ahmad Belgore     Emmanuel Olatunji Adesoye     African Democratic Congress     HICA     Oke-Ode     Laolu Saraki     Muhammad-Mustapha Suleiman     Sabi     RTEAN     Samuel Elizabeth Keatswa     Mope Dasuki Belgore     Gurei     Daud Adeshola     Eleyele     S.O. Opowoye     Nagode     Adeleke Ogungbe     Kayode Oyin Zubair     Isa Aremu     Olota Of Odo-Owa     Cornelius Fawenu     Abubakar Abdullahi Bata     Ahmad Olayiwola Kamaldeen     Toyin Saraki     Fatai Olodo     Baakini     Joseph Bamigboye     Lafia Aliyu Korasabi     James Kolo     Kumbi Titiloye     Dagbalodo     TIC     Saba Jibril     Bello Bature     Binta Sulyman     Shettima     Simeon Ajibola     Moji Makanjuola     Abdullahi Imam Abdullahi     Abubakar Aliagan     Metro Park     Ahman Pategi     Olam Food Ingredients     Dasuki Belgore     Ella Supreme Tissue Paper     Khairat Gwadabe     Special Agro-Industrial Hub     Ilorin Anchor Men And Women     Iliasu     Olokoba     Hameed Oladipupo Ali     Inside Kwara     Adisa Logun     Kwara South     Facemasks     BECE     Babaloja-General     Academic Staff Union Of Universities     Imodoye Writer’s Enclave     Olabimpe Olani     Baba Issa Awoye     Busari Toyin Isiaka