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Kwara Govt Gets N3.1B Allocation For May

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Gov.-Abdulrahman

Kwara state government has received a total amount of N3,163,836,769:46 as her allocation for the month of May, 2020.

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

The 16 Local Government Areas got N2,374,870,281:05

This according to the state commissioner for finance and planning, Olasumbo Florence Oyeyemi on Saturday in a statement noted that the figure is lower by N187,384,602:25 compared with the April figure.

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Oyeyemi said “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, loan deductions made from Kwara State allocation for April and May would be refunded” she said.

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Hammed Tajudeen is the editor in-chief of Blaze News, holds Higher National Diploma(HND) in Mass Communication, graduated from Osun State Polytechnic, Iree.

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