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Kwara 16 LGs share N863m for June

 

The Kwara state 16 local government areas on Tuesday shared a total of N863,924,703.46 from the Joint Accounts Allocation Committee (JAAC) for the month of June, 2018

All categories of workers in the councils will also receive full salaries for the month of June beginning from Thursday (tomorrow). 

The Chairman, Association of Local Governments of Nigeria (ALGON), Mr. Joshua Omokanye made the disclosure during the JAAC meeting held at the Ministry of Finance Conference room Ilorin.

The AlGON chairman said “the 16 LGs would share  N863,924,703.46 for June 2018, as  the  State  Universal Education Board (SUBEB) teachers got N1,070,102,765.88 billion from June allocation.

Omokanye stressed that the committee has agreed that all categories of LGs and SUBEB workers would receive full salaries this month.

He noted that the LG and LGEA pensioners would receive full pensions this month as the amount stood at N460,902, 614.44 revealing that 10 per cent Internally Generated Revenue (IGR)from state government stood at N74,307,472.92  and Value Added Tax (VAT) N494,102,773.42 were also shared.

According to him, the sum of N279,646,975.46 was deducted at source as repayment for the councils’ salary related borrowings from banks.

Omokanye who is also the Chairman of Oyun Local Government Area emphasised that the statutory allocation for the month of June  stood at N2,110,667,033.06 as against N2,169,912,676.93 in the previous month.

He stated that the fund was appropriated in line with law guiding the local government account which included; Teachers salary (SUBEB) N1,070,102,765.88;LG and LGEA pension N460,902,614.44 among others.

He said “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 fund was appropriated in line with law guiding the local government account. JAAC is assembly of 16Local Government chairmen without the inference of state government”.

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