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.
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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