Connect with us


Kwara gets N3.7bn as allocation for May




The Kwara State government has released its federal allocation figures for the month of May, 2018, ROYAL NEWS reports.

A statement by the Permanent Secretary, Ministry of Finance, Mr. Benjamin Fatigun on Wednesday evening revealed, that the State government got a total of N3,704,038,845.22 as allocation for May, as against the N3,358,957,097.84 it received in April.

A breakdown of the allocation figures shows that the State government got a statutory allocation of N2,865,455,259.29, Value Added Tax (VAT) of N835,956,268.57, and excess bank charges of N2,627,317.36, totaling N3,704,038,845.22.

Fatigun also announced that the 16 local government councils in the State received a total of N2,645,607,310.93 as allocation for May, which is higher than the N2,522,265,998.89 they got last month.

He disclosed that the councils’ allocation is made up of statutory allocation of N2,169,912,676.93, Value Added Tax (VAT) of N473,961,740.11   and excess bank charges of N473,961,740.11, making a total of N2,645,607,310.93.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Latest News

news8 hours ago

DEBATE…Why I have so much grey hairs on my head—Osinbajo

Vice President Yemi Osinbajo has attributed the grey hair on his head as one of the factors showing how tasking...

Politics9 hours ago

BREAKING…Vice Presidential Debate Begins

Ahead of the forthcoming general elections, debate for the Vice Presidential candidates of five political parties has commenced, ROYAL NEWS...

Politics9 hours ago

EXPOSED…. PDP planning to hack into INEC’s server, APC alleged

The Peoples Democratic Party, (PDP), has been alleged of enlisting the services of some hackers from Russia in order to...

Foreign10 hours ago

Why court sentenced 35yr-old man to 9yrs in prison

An Indian national has been sentenced to nine years in prison in the US for a brazen sexual assault of...

Politics10 hours ago

Court sacks Donald Duke, declares Jerry Gana as SDP presidential candidate

An FCT High Court in Maitama on Friday declared a former Minister of Information, Prof. Jerry Gana, the winner of...

news11 hours ago

Buhari challenges governors on infrastructure devt.

President Muhammadu Buhari has challenged state governors to redouble efforts in addressing infrastructure deficiencies in their respective states to revamp...

Politics1 day ago

Court sacks Buruji Kashamu, declares him illegal

The Peoples Democratic Party has commended the Thursday judgement of an Abuja Federal High Court validating the expulsion of Senator...

news1 day ago

FG working on early implementation of new minimum wage — SGF

The Federal Government is working toward early implementation of new minimum wage which has caused a lot of controversies in...

Politics1 day ago

No Diaspora or out-of-country voting in 2019-INEC

The Independent National Electoral Commission (INEC) says there will be no Diaspora or Out-of-Country voting for Nigerians in the 2019...

news1 day ago

CAN denies endorsing any candidate

The Christian Association of Nigeria (CAN), on Thursday said the association did not endorse anyone; it only met with 14...



Copyright © 2018 Royal News.

%d bloggers like this: