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Nairaland Forum / Nairaland / General / Jobs/Vacancies / Rivers State Teachers Recruitment 2012 (2465817 Views)
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Re: Rivers State Teachers Recruitment 2012 by Tekzyflex(m): 5:48pm On Feb 17, 2020 |
Re: Rivers State Teachers Recruitment 2012 by Purity001: 5:48pm On Feb 17, 2020 |
Tekzyflex:Wrong information. Allocation have been shared. |
Re: Rivers State Teachers Recruitment 2012 by Tekzyflex(m): 5:50pm On Feb 17, 2020 |
Purity001: Yeah! I think it's an old info. Thanks |
Re: Rivers State Teachers Recruitment 2012 by kingsjeroneyah: 8:18pm On Feb 17, 2020 |
Purity001:Do you mean HAVE BEEN SHARED or have NOT been shared ![]() |
Re: Rivers State Teachers Recruitment 2012 by Purity001: 11:26pm On Feb 17, 2020 |
kingsjeroneyah:Sorry NOT BEEN SHARED |
Re: Rivers State Teachers Recruitment 2012 by Apraise: 1:16am On Feb 18, 2020 |
Purity001:ALLOCATION WAS SHARED LAST WEEK. |
Re: Rivers State Teachers Recruitment 2012 by Apraise: 1:18am On Feb 18, 2020 |
FAAC disbursement hit 4-month high to N716bn in January ...new VAT rate to boost FAAC in 2020 FAAC disbursement hit 4-month high to N716bn in January By Segun Adams on February 13, 2020 The Federation Account Allocation Committee (FAAC) disbursement to the three tiers of government rose to a four-month high in January, and is expected to increase in the coming months fuelled by the recent hike in VAT rate. Analysts at Lagos-based Financial Derivatives Company in their monthly breakfast report for February said FAAC rose 12.61 percent on a monthly basis to N716bn in January. This is for revenue generated in December. Under the FAAC arrangement, revenue generated from sales of crude oil, Value Added Tax (VAT), corporate tax, etc. are shared among all three tiers of government based on a formula. Most states in Nigeria depend on disbursements among the three tiers of government for at least 80 percent of their revenues, hence the increase in allocation in January, after FAAC fell to least 7-month low in December, will help fund their spending. For 2020, FAAC is expected to increase in the coming months on the back of the increase in VAT to 7.5 percent which took effect in February. Hence, revenue to be shared in March will likely see an increase as VAT component of income generated grows. Analysts at FDC estimate an increase in revenue by N2.5trn. A breakdown of January FAAC is expected to be published by the National Bureau of Statistics (NBS). The existing sharing formula allocates 52.68 percent, 26.72 percent, and 20.60 percent of FAAC for FG, States (including Abuja) and local governments respectively under statutory allocation. Eighty-five percent of VAT will go to states and local government to enable them meet obligations like payment of new minimum wage while 15 percent goes to FG. In addition, states with mineral resources and oil also receive extra allocation based on the 13 per cent derivation principle. In December, the Federal Government received N267.883 billion, the States received N172.569 billion, Local Government Councils got N129.972 billion, while the oil-producing states received N49.124 billion as 13 percent derivation mineral revenue. |
Re: Rivers State Teachers Recruitment 2012 by Chibuking81(m): 9:18am On Feb 18, 2020 |
Apraise: https://punchng.com/faac-allocates-n716bn-to-fg-states-lgs/ FAAC has not share money for February, the one you posted was that of last months. 1 Like |
Re: Rivers State Teachers Recruitment 2012 by TheWatchDog(m): 4:39pm On Feb 19, 2020 |
FAAC just shared #647.35 Billion this afternoon to federal, state and lga's. 1 Like |
Re: Rivers State Teachers Recruitment 2012 by Chibuking81(m): 7:59pm On Feb 19, 2020 |
FAAC: FG, States, LGs share N647.353bn for January, 2020. By Economic Confidential - February 19, 2020 FAAC: FG, States, LGs share N647.353bn for January, 2020. The Federation Accounts Allocation Committee (FAAC) in Lagos at its meeting chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Dr. Mahmoud Isa-Dutse, shared to the Federal Government, States and Local Government Councils a sum total of N647.353 billion as federal allocations for the month of January 2020. From this amount, inclusive of Gross Statutory, VAT, Exchange Gain difference, and distribution from non-Mineral Revenue, the Federal Government received N267.389 billon, the States received N176.923 billion, Local Government councils got N132.944 billion, while the oil producing states received N46 billion as derivation (13% Mineral Revenue). However, cost of collection/FIRS, and NCS Refund/ Allocation to NEDC was N23.900 billion. In a communique issued by the Federation Accounts Allocation Committee (FAAC) at the end of the meeting, indicated that the Gross Revenue available from the Value Added Tax (VAT) for January 2020 was N97.425 billion as against the N106.769 billion distributed in the preceding month of December 2019, resulting in a decrease of N9.344 billion. The distribution is as follows; Federal Government got N14.614 billion, the States received N48.6174 billion, Local Government Councils got N34.009 billon. The distributed Statutory Revenue of N508.686 billion according to the communique received for the month was lower than the N565.261 billion received in the previous month by N56.575 billion, which was also distributed as follows; Federal Government received N243.704 billion, States received N123.610, Local Government Councils got N95.298 billion while oil producing states derivation received N46.074 billon. The total revenue distributable for the current month (including cost of collection to NCS, DPR and FIRS) according to the committee is N647.353 billion, adding that as at February 19th, 2020, the Excess Crude Account (ECA) is $71.814million. Read more at: https://economicconfidential.com/2020/02/faac-states-share-n647-353bn-for-january-2020/ 1 Like |
Re: Rivers State Teachers Recruitment 2012 by Chibuking81(m): 8:14pm On Feb 19, 2020 |
The FAAC sharing is a good news, upon the corona virus which brought down the price of Brent crude oil price from above $60 down to $53 far below the budget benchmark of $58, upon that they still shared above 600 billion naira, I thank God the price has gradually move up again to $58. On or before 28 February next week, we shall all get our salary. ![]() 3 Likes |
Re: Rivers State Teachers Recruitment 2012 by Sau24(m): 8:25pm On Feb 20, 2020 |
Your own is about salary, nothing else |
Re: Rivers State Teachers Recruitment 2012 by Chibuking81(m): 6:22am On Feb 21, 2020 |
Sau24:All your last 21 post was all about salary and payment. Follow this link to check https://www.nairaland.com/sau24/posts 2 Likes 1 Share |
Re: Rivers State Teachers Recruitment 2012 by gold360(m): 12:52pm On Feb 21, 2020 |
Chibuking81:savage 1 Like |
Re: Rivers State Teachers Recruitment 2012 by trexglox(f): 5:17pm On Feb 21, 2020 |
Chibuking81:funnyyy |
Re: Rivers State Teachers Recruitment 2012 by Apraise: 5:40pm On Feb 21, 2020 |
[quote author=trexglox post=86843012]funnyyy[/iquote] Very funny |
Re: Rivers State Teachers Recruitment 2012 by Tekzyflex(m): 5:42pm On Feb 21, 2020 |
[quote author=Apraise post=86843634][/quote] So funny |
Re: Rivers State Teachers Recruitment 2012 by Sau24(m): 6:15pm On Feb 21, 2020 |
The cure to Coronavirus is chloroquine |
Re: Rivers State Teachers Recruitment 2012 by TheWatchDog(m): 6:23pm On Feb 21, 2020 |
Chibuking81:Very funny indeed |
Re: Rivers State Teachers Recruitment 2012 by sam1980000(m): 9:30am On Feb 22, 2020 |
Sau24:What else? You picked this job in the first place because of salary. All other posts in this thread is still because of salary (money). Which different information did you give that will not lead to salary in the end? If there is any, then that's not what this thread is all about. So leave the young man alone. 4 Likes |
Re: Rivers State Teachers Recruitment 2012 by emekatex: 6:27am On Feb 23, 2020 |
sam1980000:please when are we expecting alert jare? I accepted this job because of money and nothing else. Though i like teaching but I wouldn't have done it free if money was not involved. Hence, the end point of all the info here is money and nothing else. |
Re: Rivers State Teachers Recruitment 2012 by Chibuking81(m): 4:00pm On Feb 23, 2020 |
emekatex:All will be paid on or before 27th, been Thursday. Payment will likely start between Tuesday/Wednesday and concluded on Thursday. This is because it take 3 working days from the FAAC sharing, for cheques / or the lodgement of the money pay to each 36 state to clear in their account. FAAC was shared on Wednesdays 19th February, therefore the 3 working days started on Thursday, and will be due on the close of banking business on Monday ( at close of business on Monday, the money will be set). Then on Tuesday all the salary banks will receive their customers portion and will commence payment the same day, or the next day been Wednesday. ( some banks usually delay the money for extra one day) 1 Like |
Re: Rivers State Teachers Recruitment 2012 by Tekzyflex(m): 4:06pm On Feb 23, 2020 |
Chibuking81: I like this guy!!!! 1 Like |
Re: Rivers State Teachers Recruitment 2012 by TheWatchDog(m): 4:13pm On Feb 23, 2020 |
Please who can intimate us with the content and progress of the meetting which held on friday between Labour and Rivers state government. I head some progress were made but don't know what it is. |
Re: Rivers State Teachers Recruitment 2012 by gold360(m): 12:04pm On Feb 24, 2020 |
Hi, pls I saw this somewhere, can someone pls explain it ?
|
Re: Rivers State Teachers Recruitment 2012 by Nonchalant35: 8:04pm On Feb 25, 2020 |
hmmmmmm |
Re: Rivers State Teachers Recruitment 2012 by emekatex: 8:11pm On Feb 25, 2020 |
Hello honourable colleagues, I heard from someone (a senior colleague) in my school that Governor Wike has agreed to pay the 9months minimum wage arrears but would split it for three months. Did someone hear the same or similar information? |
Re: Rivers State Teachers Recruitment 2012 by kingsjeroneyah: 8:22pm On Feb 25, 2020 |
emekatex:I believe in "I'm possible" |
Re: Rivers State Teachers Recruitment 2012 by Stevolala447(m): 8:23pm On Feb 25, 2020 |
Till we see it. Don't worry yourself. |
Re: Rivers State Teachers Recruitment 2012 by waliezi(m): 9:43pm On Feb 25, 2020 |
emekatex:. I believe because Wike has a lion heart when he wants to do what he wants to do |
Re: Rivers State Teachers Recruitment 2012 by Apraise: 5:41am On Feb 26, 2020 |
waliezi: Hmmmmm you son come ooooo |
Re: Rivers State Teachers Recruitment 2012 by rOsy247(f): 6:34am On Feb 26, 2020 |
emekatex: Heard same too |
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