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.

Joseph Daudu     Tsaragi-Share     Abdullahi Saadudeen Alikinla     Adebara     Bayo Ojo     Wahab Kunle Shittu     Kwarareports     Kamoru Kadiri     Afolasade Opeyemi Kemi     Yakubu Gobir     Adamu Ibrahim Sabi     Al-Hikmah University     Olatunde Jare     Kwara State Infrastructure Development Fund     Standard Organization Of Nigeria     Omotosho     Iliasu     Offa Descendants Union     Binta Sulyman     Association Of Kwara State Online Media Practitioners     Sobi     Kaiama     Olokoba Abdullahi Ayinla     Solomon Edoja     07039448763     Adewuyi Funmilayo     Fatai Olodo     Hijab     SARS     Issa Oloruntogun     TIIDELab     Dairo Kunle Paul     Mohammed Yahaya Barki     Mohammed Katsina Ahmed     Ebola     Gbugbu International Market     NIPOGA     Abdulganiyu Salahudeen     Dankaka     ASUU     Oyelere Oyinloye     SUBEB     CCB     Bamidele Adegoke     Victor Gbenga Yusuf     Bursary     Ibrahim Kayode Adeyemi     John Mayokun Dada     Mohammed Alabi Lawal     Oba Abdulrahim     Yahaya Jibril Usman     AGF Abdulrazaq     Bareke     Vasolar     Muazam Nayaya     All Peoples Party     George Funsho Adebayo     Rotimi Atere     Oyeyemi Olasumbo Florence     Yusuf Ali     Hajj     Budo-Egba     Village Alive Development Association     Adam Abdullahi Al-Ilory     Garba Ayodele Wahab     NFAI     Muhammad-Mustapha Suleiman     Yusuf Badmus     Jaigbade Alao     Kwara Apc     Sheriff Olanrewaju     Ghali Alaaya     Hassanat Bello     Yusuf Lanre Badmas     Oluwole Dupe     SSA Youth Engagement     Isin    

Cloud Tag: What's trending

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

Sarah Alade     Lukman Oyebanji Fagbemi     Idris Amosa Saidu     Leke Ogungbe     Sodiya     Pakata Patriots     Muhammed Danjuma     Abdulquawiy Olododo     Muritala Olarewaju     Micheal Imoudu     Samuel Adedoyin     Salami Adekunle     Taofik Abdulkareem     Congress For National Consensus     Jide Oyinloye     Arik     Muhammed Abdullahi     Garment Factory     IHS Towers     Aro Yahaya     KSIRS     PPS     Offa     New Model Police Station     Toyin Saraki     Haruna Olawale Sulaiman     UNILORIN Alumni Association     Kwara Metro Park     Ibrahim Gambari     CLAY POT     Femi Ogunsola     Offa Poly     Fatimah Abdulkadir     Oko-Erin     Balogin Alanamu     Dar-Al-Handasah Consultants     Col. Taiwo     Aliyu Kora-Sabi     Kisira     Ilorin Talaka Parapo     Owu Fall     Omupo     Ilorin Anchor Men And Women     Kamaldeen Ajibade     Saheed Akinwumi     Abdulmumini Jawondo     Third Estate     Emir Of Kano     Assayomo     MINILS     Nigeria Foundation For Artificial Intelligence     Christian Association Of Nigeria     Women For Change And Development Initiative     Agbarere     Salmon Babatunde Salmon     Mohammed Haruna     Ishaq Oloyede     Ebola     Is\'haq Modibbo Kawu     Solomon Edojah     Abdulfatai Baakini     Olatunji Abdulmumeen     Ibrahim Labaika     Kwara Volleyball Association     Offa Descendants Union     ER-KANG Mining     Olawuyi     Abdulfatah Ahmed     Al-Adaby     Taofeeq Olateju     UNIFEMGA     Chief Imam Of Ilorin     Asa     Kwara Muslim Pilgrims Welfare Board     Sobi     Omotoso     Abraysports FC