KWSG records 9.6 per cent increase in June allocation

Date: 2016-06-24

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.

Source

 

Cloud Tag: What's trending

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

Emir Of Kano     Kwara Politics     Ilesha-Gwanara     Hamid Bobboyi     Quarry Royal Valley     Kazeem Gbolagade     Ayo Adeyemi     Iyiola Oyedepo     Sulyman Age AbdulKareem     Emir Of Shonga     KWACOBPA     Valsolar Consultoria     Saidu Yaro Musa     Mukhtar Shagaya     Babajide Ajayi     Nigerian Correctional Service     2023 Elections     Baba Issa     Ahmad Lawan     Ilorin Water Reticulation     Issa Oloruntogun     Shuaib Boni Aliyu     Yakubu Mohammed Abdullahi     Ita-Ore     Saka Saadu     Muhammad Yahya     Fatai Garuba Labaka     Olatinwo     Yusuf A. Usman     Shuaibu Yaman Abdullahi     Crystal Corner Shops     Gwanara     AbdulRazaq Abubakar Jiddah     AbdulHamid Adi     Lanre Jimoh     EndSARS     Nurudeen Muhammed     Abdullah Janet Amudat     Coalition Of Kwara North Groups     Ojuekun Sarumi     Ladi Hassan     Chief Imam Of Offa     Simeon Sayomi     Oba David Oyerinola Adedunmoye     Isaac Aderemi Kolawole     Kanu Agabi     Borgu     Musa Abdullahi     Mike Omotosho     Benin Republic     Jimoh Bashir     Kulende     Mohammed Alabi Lawal     Afonja Descendants Union     Abdulkadir Jimoh     Olabanji Orilonishe     VADA     Bayer Nigeria Limited     Apaola     Muritala Olarewaju     Baaziki Sulaiman     Bibire Ajape     S.O. Opowoye     Dagbalodo     Igbaja     Jimoh Saadudeen Muhammed     Aso Ofi     Split Diamond Interchange     Alabi Lawal     Islamic Development Bank     Kannike     Aminat Ahmed     Abdulkadir Bolakale Sakariyah     Adeniyi Ojo     Abdulrauf Aliyu     Lawal Jimoh     Siddiq Adebayo Idowu Salawu    

Cloud Tag: What's trending

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

Aremu Bose Deborah     Shaykh Luqman Jimoh     Kwara 2023     Kwara TV     Lukman Oyebanji Fagbemi     Arca Santa     Ayeyemi Sulaiman     Mohammed Lawal     Abdullahi AbdulMajeed     NIRSAL     Wale Oladepo     Olaosebikan     Adamu Atta     Muritala Awodun     Federal Neuro-Psychiatric Hospital     Moji Makanjuola     Ahman Pategi University     Budo-Egba     Congress For National Consensus     Abdullahi Atanda     Mubarak Oladosu     Ilorin Innovation Hub     Baba-Isale     Kwara Restoration Project     Folajimi Aleshinloye     Adedipe     TIIDELab     Kayode Oyin-Zubair     Gbemi Saraki     Lanwa     Facebook     Yoonus Kola Olatinwo     Tunji Arosanyin     Y.A. Abdulkareem     Olatunji Ayeni     NFAI     Olaiya Zuberu     Moses Salami     Adamu Attah     ARMTI     C2c@kwarastate.gov.ng     Ronke Adeyemi     Baba Issa Awoye     Aliyu Kora Sabi     Oloje     Owode Market     Gbajabiamila     Tsaragi-Share     Emir Of Yashikira     Modibbo Kawu     Split Diamond Interchange     Elerin Of Erin-Ile     Ahmad Ali     Alao Ayotunde     Tanke Flyover Bridge     Isin     Kayode Oyin Zubair     New Model Police Station     Kwara Liberation Group     Yunus Lawal     Iyabo Adewuyi     2017 Budget     Abdulrasheed Lafia     Mansur Alfanla     Centre For Peace And Strategic Studies     Shehu Adaramaja     Olukotun Of Ikotun     Abiodun Musa Aibinu     Yahaya A Paniyaro     Olupako     Lotus Bank     Ekweremadu     International Public Sector Accounting Standards     Revenue Court     Kwara State Government     Ramat Oganija     JSSCE