The Edo Joint Account and Allocation Committee (JAAC) has declared N2.10 billion as total allocation accrued to the 18 local governments in the state from both Internally Generated Revenue (IGR) and the Federation Account for March.
A statement issued by the Chief Press Secretary quoted the Head of Local Government Administration, Owan East Local Government, Mr Akeens Ade-Akhani, as saying at the end of the JAAC meeting at the Edo State Government House in Benin.
It would be recalled that the committee declared N1. 89 billion as total allocation accrued to the 18 LGs in the state for the month of February.
Ade-Akhani attributed the increment of about N21 million in the month of March to the introduction of an electronic means of revenue collection process in some LGs in the state.
He said that about N15million and N7 million were collected as revenue in Oredo and Egor LGs respectively using the electronic process from March 22 to May 11.
In addition, he noted that N1.36 billion of the total allocation accruable in March was used as mandatory expenditure including payment of primary school teachers’ salaries, traditional rulers’ and training fund percentage.
While the N748 million left served as distributable amount to the LGAs for the payment of staff salaries.
