KWSG records 9.6 per cent increase in June allocation
Kwara State government says it recorded a 9.6 per cent increase in federal allocation for the month of June. The state got N1, 554, 650, 906.93 which is N136, 349, 914.54 higher than the N1.418billion it received in May.
The Commissioner for Finance, Alhaji Nurudeen Demola Banu, who disclosed this in a statement yesterday, however, said that the June allocation was still lower than the N2.4billion monthly wage bill of the state. According to him, the state government got a statutory allocation of N936, 377, 868.44; VAT of N603, 942, 902.85 and exchange difference of N14, 330, 135.64, totaling N1, 554, 650, 906.93.
The Commissioner also disclosed the allocation received by the 16 local governments in the state for the month of June to include statutory allocation of N886, 061, 009.12; VAT of N342, 735, 943.98 and exchange difference of N9, 451, 695.84, totaling N1, 238, 248, 648.94.
Banu said that the June allocation for the local government councils was N90.3m higher than the N1.147b they received for the month of May. He, however, explained that the allocation was not enough to cater for the salaries of LG workers as basic education teachers and SUBEB staff alone required N1.2billion monthly.
According to him, N784, 616, 734.15 was required for other LG workers salaries monthly while N397, 188, 390.30 was needed for the payment of pensions. Banu noted that the lingering salary impasse at the third tier of government was as a result of the significant reduction in monthly federal allocation accruing to the local governments.
He, however, assured that the state government and LG administrations were making efforts to resolve the salary crises.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Jide Oyinloye Vasolar Consortium Sa\'adu Gambari Ilorin Emirate Stakeholders Forum Sunday Otokiti Abdulraheem Olesin Shao IQRA College Kwara State Coalition Of Business And Professional Associations Iyabo Adisa Ibiyeye Mamman Saba Jibril Azeez Salawu Abdulmajeed Wahab Surajudeen Akanbi Ibrahim Abduquadri Abikan Adam Abdullahi Al-Ilory Rotimi Samuel Olujide Ilofa Tayo Alao Ayodele Shittu Sherif Shagaya Quranic Recitation Competition Kisira Ilorin Descendants Progressive Union Okin Malt ENetSuD Lai Gobir Yekini Adio Adamu Ibrahim Sabi Abubakar Atiku Mohammed Yahaya Barki Olam Food Ingredients Tinubu Legacy Forum Muhammadu Buhari Yahaya Abdulkareem Aso-ofi Mahmud Ayinla Giwa Ope Saraki Apaola International Aviation College Abdul Jimoh Mohammed Goodluck Jonathan Abdulkadir Remi Hawawu Kunle Okeowo Amuda Bembe Toyin Saraki Aminat Ahmed Kanu Agabi Monthly Sanitation Exercise Senior Staff Union Of Colleges Of Education Abdulrauf Yusuf Mujtabah Bature Abdul-Rahoof Bello Sheikh Ariyibi Jelili Yusuf Abdulrazaq Sanni Obasanjo Amada Jidda Tsaragi KWSIEC Neuropsychiatric Hospital Special Agro-Industrial Hub Gbugbu International Market Riskat Opakunle Babata Joshua Adeyemi Adimula Umar Ahmed Gunu Oyeyemi Olasumbo Florence Face Masks KFA Abdulrahman Abdulrazak Is\'haq Modibbo Kawu Onilorin Of Ilorin Kwara Polytechnic Mohammed Jimoh Faworaja Maja Yusuf A. Usman