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Tag: Demola Banu

  • Sallah: Ahmed orders payment of August salary

    Ahead of this year’s Eid Kabir celebrations Kwara State Governor Abdulfatah Ahmed has directed the state’s Finance Ministry to immediately commence the payment of August salary to workers in the state.

    The Commissioner for Finance, Alhaji Demola Banu made the disclosure on Thursday.

    He said arrangements have subsequently been concluded and a facility secured to ensure workers start receiving their salaries with effect from Thursday.

    He said Governor Ahmed gave the directive to ensure that the workers have an enjoyable Sallah celebration.

    Read Also: Why we returned to the PDP, by Ahmed

    Alhaji Banu added that the directive comes at a time the Federal Accounts Allocation committee is yet to meet for the month, not to talk of disbursing monthly allocation to Federal, State and local governments.

    He said this testifies to the government’s commitment to the welfare of the people.

    Alhaji Banu said Local Government Councils and SUBEB are also expected to pay their workers on Friday.

  • Kwara gets N3.5bn as September allocation

    Kwara gets N3.5bn as September allocation

     Kwara Government received N3.5 billion as its share of the federal allocation for September.

    The state Commissioner for Finance, Alhaji Demola Banu, who disclosed this in a statement on Friday in Ilorin, said the amount was an increase over the N2.5 billion it got in August.

    Banu gave the breakdown as N2.7 billion being statutory allocation and Value Added Tax ( VAT ) of N813 million, totaling N3.5 billion.

    The commissioner said that the 16 local governments in the state received a combined allocation of N2.5 billion for September, against N1.8 billion they got in August.

    He noted that the amount was made up of a statutory allocation of N2 billion and Value Added Tax ( VAT ) of N461 million.

    NAN

  • Kwara receives N2.5bn from FAAC August allocation

    Kwara receives N2.5bn from FAAC August allocation

    Kwara Government on Wednesday said it received N2.5 billion as its federal allocation for August as against the N3.6 billion it received in July.

    The State Commissioner for Finance, Alhaji Demola Banu, said in a statement in Ilorin that the allocation was N1.1 billion lower than that of July.

    Banu said the money was made up of N1.7 million as statutory allocation, while Value Added Tax (VAT) attracted N761 million.

    He also said that the 16 local government councils in the state got N1.8 billion as allocation for August as against the N2.6 billion they received in July.

    Banu said that out of the N1.8 billion, the councils got N1.424 billion as statutory allocation, while Value Added Tax attracted N432 million.

  • Kwara releases details of its April Federal allocation

    Kwara Government on Thursday said it received N2.488 billion as its share of the federal allocation for April.

    The state’s Commissioner for Finance, Alhaji Demola Banu, who made the disclosure in a statement in Ilorin, said that the sum was an increase over the N2.232 billion the state got in March.

    Giving a breakdown of the allocation, Banu said the sum comprised statutory allocation of N1.244 billion; Value Added Tax (VAT) of N750 million; Exchange Difference of N371 million and excess Petroleum Profit Tax (PPT) of N121 million.

    He further said that 16 Local Governments in the state received a total of N1.822 billion as allocation for April as against the N1.658 billion they collectively got in March.

    Banu said the local councils’ sum was made up of statutory allocation of N1.071 billion; Value Added Tax (VAT) of N425 million; Exchange Difference of N245 million and excess Petroleum Profit Tax (PPT) of N80 million.

    The commissioner, however, noted that in line with the financial arrangement with the Federal Government, elements of the monthly allocation were received at separate intervals.

    He added that this action was usually responsible for the occasional delay in the payment of pensions, overheads and subventions to Ministries, Departments and Agencies (MDAs) in the State.

  •  Kwara denies owing workers, pensioners

     Kwara denies owing workers, pensioners

    The Kwara Government on Wednesday denied owing salaries and pension arrears.

    The Commissioner for Finance, Alhaji Demola Banu, made the denial in a statement issued in Ilorin while reacting to a media report.

    Banu stressed that the government was up-to-date with payment of salaries and pensions to workers and retirees.

    The commissioner, however, said that payment of local government workers was being delayed due to decline in allocations to local councils from the federation account.

    Banu said that the challenge was a reflection of the current national economic downturn which had limited the capacity of governments at all levels to meet salary obligations.

    He said that the state government had on different occasions assisted the local councils by augmenting their allocation to enhance their capacity to pay salaries.

    The commissioner said that the government would use its share of the second tranche of the Paris Club refund, to assist the councils to clear their salary and pension arrears.

    Banu recalled that the state government had released N3.4 billion to the local councils as their share of the first tranche of the Paris Club refund.

     

  • Kwara Governor Ahmed swears in three commissioners

    Kwara Governor Ahmed swears in three commissioners

    Kwara State Governor Abdulfatah Ahmed yesterday swore-in three commissioners.

    They are Musa Abdullahi (Energy), Demola Banu (Finance) and Kamaldeen Ajibade (Attorney-General).

    Ahmed, last month, sacked all the commissioners, special advisers, senior special assistants and special assistants.

    The governor said: “Leadership must be devoid of partisanship and be beneficial to the majority of the people.

    “Politicians must develop leadership that inspires hope and provides clear focus and champions the cause of the majority rather than the few.

    “Such leadership, when attained through the exercise of popular will, must be inclusive, populist and beneficial.

    “My administration will continue to promote inclusiveness by creating opportunities for everyone to thrive.

    “The commissioners were reappointed based on their records of accomplishments, dedication and loyalty to the people.”