20 LGAs RECEIVE N4.02B FOR JULY ALLOCATION - Infopalavanews

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Tuesday, 2 August 2022

20 LGAs RECEIVE N4.02B FOR JULY ALLOCATION

 



The 20 Local Government Areas in Ogun State have received a sum of N4,029,228,858.12, as their share of the statutory allocation, which include, Value Added Tax (VAT) and Exchange Gain from the Federal Allocation for July 2022.


This was made known at the July 2022 edition of the Joint Account Allocation Committee (JAAC) meeting, at the Conference Hall, Oba’s Complex, Oke-Mosan, Abeokuta.


Presenting the breakdown of the allocation, Commissioner for Finance and Chief Economic Adviser to the Governor, Mr. Dapo Okubadejo, represented by the Permanent Secretary and Accountant-General/State Treasury, Mr. Babatunde Aregbesola said N 4,337,539,229.80 was required for the payments of first-line charges, such as  Primary School Teachers’ Salary, Local Government Staffs’ Salary, Pensions, Traditional Councils and other charges, noting that N308,310,371.68 would still be needed to meet up with the gross payment.


Okubadejo explained that irrespective of the shortage, the Governor, Prince Dapo Abiodun had directed that the gross payment of the Local Government workers’ salary should be paid, effective from July 2022.


In his address, the Permanent Secretary, Ministry of Local Government and Chieftaincy Affairs, Mr. Kolawole Fagbohun implored all labour leaders to galvanise their members to generate more revenue and other resources into the government coffers and ensure that all loosed ends were worked upon.


In his remark, the Chairman, Nigeria Union of Local Government Employees (NULGE) and Nigeria Union of Teachers (NUT), Comrades Ayuba Olatunji and Akinola Abiodun respectively, appreciated the State government for its unrelenting effort in the payment of gross salary.


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