Dwindling federal allocation won’t affect salaries in Kwara State

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Kwara State Governor, Alhaji Abdul-Fatah Ahmed
Kwara State Governor, Alhaji Abdul-Fatah Ahmed

The Kwara State Government has promised to ensure prompt payment of workers salary and execute its developmental projects despite the shortfall from the Federation Account Allocation Committee (FAAC).
The state Commissioner for Finance, who is also Chairman, Kwara Joint Account Allocation Committee (JAAC), Alhaji Ademola Banu, made this known on Friday as he briefed newsmen after the monthly meeting at the ministry.
Banu explained that there has been a consistent shortfall in the monthly allocations since August 2013, without any effort to reverse the trend. The Commissioner lamented that the Nigerian National Petroleum Corporation (NNPC) has failed to give satisfactory explanation on what led to the shortfall in oil revenue despite price of oil exceeding the budget plan with about 25 percent.
He said that the dwindling decline in the statutory allocation from FAAC affects all the 36 states of the federation, adding that most states depend solely on federal allocation. Banu remarked that most states could not pay their workers salary as a result of this shortfall, saying that the state would continue to ensure prompt payment of salary.
The Commissioner lamented the sharp drop in monthly allocation, saying that the state government would not be distracted by the dwindling decline in the monthly allocation from the federation account.
He said the state would continue to concentrate on both human and capital development in order to make life meaningful for Kwarans. He declared that the statutory allocation for February stands at N1.8b with teachers’ salary at N1.1b
Banu added that the Teachers Special Allowance (TSA), stood at N96.4m with LGA and LGEA pension at N290.2m. He said the distribution of the allocations among the local government councils in the state was done in accordance with section 4 subsection 2 of the state Joint Local Government Account Law (Cap 80) as amended by law 15 of 2001.

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