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JAAC: Kwara SUBEB, LG workers get  full Jan salary

All categories of the workers in the 16 Local Government Areas (LGAs) of Kwara State received full salaries, while the LGs shared N666,128,304.58 this  month of January
Similarly, the State Universal Education Board (SUBEB) teachers got N1,097,945,898.68 billion from this month (January ) allocation.
This was disclosed by the ALGON  Chairman  who is  also LG Chairman of Oyun LG, Comrade Joshua Omokanye  Jalala  while addressing pressmen  on Friday after the  state monthly Joint Accounts Allocation Committee (JAAC) meeting held  at the Ministry of Finance Conference Hall,Ilorin.
He explained that the committee also agreed to share additional inflows from the federation account such as Forex Equalisation Fund of N110,740,101.20 and N8,020,350.10 Excess Bank Charges  fund.
According to him, the committee agreed to prioritise local government staff, traditional chiefs salaries and pensions, saying that   all categories of LGs workers, SUBEB, Pensioners would  receive full salaries this month.
He said that LG &LGEA pensioners would receive full pensions this month as the amount stood  at N421,630,420.59 ,revealing that 10 per cent IGR from state government of N47,696,391.06 and Value Added Tax (VAT) of N445,600,130.22 were also shared.
ALGON boss  stressed that  statutory allocation for the month of January  stood at N1,975,209,334.17 as against N1,949,343,244.85 in previous month.
The Chairman  added  that the fund was appropriated in line with law guiding the local government account which included;Teachers salary N1,097,945,898.68;LG and LGEA pension N421,630,420.59among others.
He revealed that the sum of N280, 045, 355 was deducted at source as repayment for the loan  the councils obtained in the past .
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.

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