This was contained in a statement released on Thursday by the Press Secretary, Ministry of Finance, Babatunde Toyin Abdulrasheed.
According to the statement, figures from the last allocation meeting of the local government showed that the government committed N1,297,389,165.83 to clear the balance of the arrears owed to the SUBEB teachers.
It added that another N1,622,673,992.12 was apportioned to clear the balance of the arrears for the local government workers in the past administration, according to the data from the allocation meeting.
“Between January 2020 and January 2024, the administration has spent at least N5.5bn to offset the arrears of salary for SUBEB teachers, local government workers and local government pensioners alone – apart from meeting its multibillion naira monthly obligations to these categories of workers and many others since it was elected in 2019.
“The government meanwhile has approved cash-backing for the implementation of 2022 promotion for teaching and non-teaching staff of the SUBEB, a decision that is part of the government’s efforts to boost the purchasing powers of workers at this time.
“Governor AbdulRahman AbdulRazaq has constantly said he would clear all the salary and promotion arrears he inherited from his predecessor, a campaign promise he has fulfilled in phases since he assumed office in 2019.
“The final settlement of the SUBEB and Local Government salary arrears brings to a close the consistent agitation for the payment of the money, which dated back to 2016, 2017, 2018, and 2019,” the statement added.
