The Kwara State Government is to receive a sum of N3,307,918,431,91 as allocation from the Federation Accounts Allocation Committee for March 2019.
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The Kwara State Government has clarified that contrary to public speculation, the state’s current debt portfolio stands at N30,203,632,608.29, with a monthly repayment of N496,367,109.08.
The Kwara State Government has commenced the payment of February salary to state civil servants.
The Kwara State Government has clarified its position on the payment of salary for February 2019.
The Kwara State Government says it is yet to receive the final tranche of the London-Paris Club refund.
The State Commissioner for Finance, Alhaji Demola Banu, made this known in a statement in Ilorin on Thursday.
The Kwara Government says it is yet to receive the second tranche of the London-Paris Club Refund promised by the Federal Government.
The Kwara Government has received N3.4 billion as allocation from the Federation Accounts Allocation Committee for the month of October as against N3.8 billion received in September.
The State Commissioner for Finance, Alhaji Demola Banu, disclosed this in a statement released in Ilorin on Friday.
The Kwara State Government has received N3.8 billion as allocation from the Federation Accounts Allocation Committee for the month August 2018.
The Kwara State Government has released its Federal Allocation figures for the month of August 2018.
Ahead of the Eid celebrations and before the release of Federal Allocations for August, the Kwara State Governor, Alhaji Abdulfatah Ahmed, has directed the State Ministry of Finance to commence the payment of August salary to workers in the state immediately.
In a statement on Saturday, the State Commissioner for Finance, Alhaji Demola Banu, disclosed that the State government received N3,647,209,363.97 as allocation for June.
The State Commissioner for Finance, Alhaji Demola Banu, made this known in a statement made available to the News Agency of Nigeria on Saturday in Ilorin
A breakdown of the receipts shows the government got a statutory allocation of N1,063,391,064.68; VAT of N608,299,172.27; Exchange Difference of N232,315,908.61; and excess Petroleum Profit Tax of N345,891,278.65, totaling N2,249,897,424.21