Breaking News

March allocation: Edo JAAC declares N2.6bn for LGAs, as monthly IGR hits N354m

Kindly Share This Story:

The Edo State Joint Account and Allocation Committee (JAAC) has declared N2,582,596,600.47 as total allocation accrued to the 18 Local Government Areas (LGAs) of the state from the Federation Account for the month of March and shared in April 2019.

Chairman, Oredo LGA, Hon. Jenkins Osunde, disclosed this at the end of the monthly JAAC meeting presided over by the Acting Governor, Rt. Hon. Comrade Philip Shaibu, at Government House, in Benin City, Edo State capital.

Osunde, who is also Chairman, Edo State Chapter of the Association of Local Governments of Nigeria (ALGON), said the Internally Generated Revenue (IGR) for the month of March amounted to N354,348,936.65.

Osunde noted that teachers and non-teachers’ salaries gulped N1,102,649,372.43, Local Government contributions for pension is N276,144,513.54, while pension arrears paid is N100,000,000.00.

Edo declares N2.91bn allocation for councils in Dec, as LGAs record N2.21bn IGR in 2018


“Total deduction from LGAs is N1,688,231,322.38 and net allocation to LGAs is put at N894,365,278.09. Total amount transferred to LGAs stands at N881,452, 295.09,” he said.

Kindly Share This Story:
All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from VANGUARD NEWS.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.
Do NOT follow this link or you will be banned from the site!