The Kwara State Government has released figures of its allocation from the Federation Account through the Federal Accounts Allocation Committee.
This was contained in a statement issued on Wednesday by the Permanent Secretary of the State Ministry of Finance, Benjamin Fatigun.
Fatigun disclosed that the State Government got a total of N3,561,553,082.85 as allocation for March.
This was against the N3,481,218,905.35 it received in February.
A breakdown of the allocation figures showed that the government received a statutory allocation of N2,680,606,216.87, Value Added Tax of N876,841,666.94 and excess bank charges of N4,105,199.04, totaling N3,561,553,082.85.
The Permanent Secretary also announced that the 16 local government areas in the State received a total of N2,522,265,998.89 as allocation for March, against the N2,467,884,722.19 they got last month.
Fatigun said the LGs’ allocation was made up of statutory allocation of N2,022,806,777.65, Value Added Tax of N496,751,564,21 and excess bank charges of N2,707,657.03.
Trending
- Kenn Ayere’s Lifestyle Value Mall provides job opportunities for over 100 youths in Benin
- 2025 AFCON Qualifiers: Osimhen, Lookman score as Nigeria beat Benin Republic
- Buratai mourns Yar’Adua’s mother
- Why we are against using INEC officials from Imo, Kogi for Edo polls – Ighodalo
- FG implementing critical initiatives to train, equip police personnel – Tinubu
- Unbreakable bonds: $3.3b agreement signed at historic trade conference
- Ugwunwa wins javelin’s silver to give Team Nigeria fifth medal
- Morocco 2025 qualifier: Eguavoen benches Osimhen, starts Boniface