FAAC: Kwara gets N3.1b for May 2020

Date: 2020-05-18

The Kwara State Government has received N3,163,836,769:46 (net) as the state's Federal Allocation for May , 2020.

The allocation to the state government is lower by 304,379,840:55 compared with the receipt for April.

The 16 LGAs got N2,374,870,281:05 which is lower by N187,384,602:25 compared with the April figure.

The state Commissioner for Finance and Planning, Florence Olasumbo Oyeyemi disclosed this in a statement issued in Ilorin, the State capital.

According to the statement, the Federal Government has deferred all loan deductions for state governments from April 2020 to April 2021 to lessen the impact of the plummeting oil price and COVID-19 pandemic on the finances of the states.

Consequently, the commissioner said loan deductions made from Kwara State allocation for April and May would be refunded.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Olaoye B. Felix     CCB     Kumbi Titilope     Kawu Baraje     Memunat Monsuma     Kola Bukoye     Moses Afolayan     Toun Okewale-Sonaiya     Ibrahim Mashood     Sobi Hill     Moji Makanjuola     Oke-Oyi     Special Agro-industrial Processing Zone     Durbar     Kazeem Adekanye     Federal Allocation     Sambo Murtala     Oluwatoyin Lukman     Madawaki     Alao Ayotunde     Kayode Zubair     Wakilin Mata Lafiagi     Ejidongari     Makama Of Ilorin     Yinka Aluko     Voices Of Tomorrow     Maigida     Omotoso Musa     Olufolake Abdulrazaq     Reuben Paraje     Oni Adebayo     Awoye     Sardauna     Razak Atunwa     Oro Grammar School Old Students Association     Adedipe     Bolakale Saka     Share     Adebayo Mohammed Kamaldeen     Omu Aran     Ethical College     Jimoh Olusola Imam     Musbau A. Akanji     CKNG     Ogidi-Oloje     Kwara State Geographic Information Service     Sulyman Age AbdulKareem     SDP     Kwara Metro Park     Eghe Igbinehi     Dele Belgore     Just Event Online     Federal Road Maintenance Agency     Kayode Yusuf     Simeon Ajibola     Tunji Oyawoye     Deji Ajani     Okin High School     Pategi     Amosa     Kunle Suleiman     Peter Obi     Ganmo Power Sub-Station     Salmon Babatunde Salmon     Zulu Gambari     Yunus Lawal     Jawondo     2017 Budget     Donatus Ejidike     Moremi High School     Toyin Olayinka Tejidini     Segun Adeniyi     Dagbalodo     SWAN     Aminat Omodara     Lanre Jimoh     Ayobola Ipinlaiye    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Onilupeju Of Ilupeju     Halidu Danbaba     Olusegun Adeniyi     Pategi     Musa Ayinla Yeketi     Iyabo Adisa Ibiyeye     Ishola Abdullahi     Ibrahim Abiodun     Iliasu     General Tunde Idiagbon International Airport Ilorin     Olubukola Kifayat Adedeji     Ibrahim Abdulkadir Abikan     Biliaminu Aliu     Cornelius Fawenu     Jebba     Radio SBS     Kolade Solagberu     Reuben Paraje     Awodun     Olokoba Sulyman     Madawaki Of Ilorin     Alapado     Maryam A. Garuba     Ahmad Olanrewaju Belgore     Wahab Kunle Shittu     School Of Nursing     Adebayo Mohammed Kamaldeen     Harmony Holdings     KWIRS     Kwara Central     Bolakale Kawu     Umar Sanda Yusuf     Tunde Kazeem     Saadu Yusuf     Abdulfatai Baakini     Alaaya     Gamji Members Association     Mutawali     Al-Ilory     Atiku     Elerin Of Adanla     Isin     Government House     Gbugbu International Market     Okiki     Mubarak Oladosu     Toyin Abdullahi     Adewuyi Funmilayo     Oyeyemi Olasumbo Florence     AbdulRazaq Jiddah     Mumeen Lah     Abikan     Muhammad Yahya     KSIRS     Peter Amogbonjaye     Folorunsho Erubu     Yekini Adio     Sa\'adu Salau     Yusuf Lawal     Basit Olatunji     Prince Mahe Abdulkadir     Rafiu Ajakaye     Oniyangi     Onilu     Salihu Alhaji Musa     Yusuf Badmus     Saka Balikis Kehinde     CACOVID     Bibire Ajape     Omotoso     Olaiya Victor Mobolaji     Face Masks     Illyasu Abdullahi     Mohammed Tunde-Jimoh     Moro     Abdulrasheed Akogun     Baba-Isale