Kwara Gets N4.2bn For June Federal Allocations

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Kwara State Government on Friday announced the receipt of the sums of N4,202,659,072.11 (four billion, two hundred and two million, six hundred and fifty nine thousand, seven two naira and eleven Kobo) for the month of June, 2019.

A statement issued on Friday by the permanent secretary of the state ministry of finance, Mr Benjamin Fatigun,  who represented Kwara at the FAAC meeting of June 27, 2019 in Kano announced this.

It said the breakdown of the money for the state include statutory revenue allocation (SRA) of N3,193,761,125:58; Value Added Tax of

 ‘’N1,002,461,709.09; and Exchange rate gain of N6,436,237:44.’’

The statement said the entire 16 local government areas also received the total sums of two billion, six hundred and seventy five million, three hundred and seventy seven naira, thirty one Kobo (2,679,675,377.31).

It said the breakdowns for the LGAs are 2,106,501,950.22 (SRA); 568,928,292.22 (VAT); and 4,245,134.87 (Exchange Gains).’’

Meanwhile, Governor AbdulRahman AbdulRazaq, has directed the immediate payment of June salary to the state’s workers.

This was contained in a statement issued by the governor’s Spokesman Rafiu Ajakaye

According to the statement , the wage bill of the workers amount to N2.2bn.

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