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
- EFCC has adjusted its blunder, now claims Bello stole N80b within first three weeks in office — Media Office
- PDP Caucus extends Damagum’s tenure as acting Chairman
- Lagos reacts to allegation of Ministry’s refusal to shelter minor forced to have abortions
- AltBank, Sterling One Foundation, Lagos Foodbank combat hunger, champion education
- Nigerian professors jailed in Cameroon petition House of Reps
- Stanbic IBTC seeks way to maximise Nigeria’s energy potentials
- MOSOP speaks on Lagos-Calabar Coastal Highway
- Ondo 2024: Two nabbed for allegedly printing fake membership cards