The Kwara Government on Friday announced the receipt of N3.97 billion as net allocation for the month of July.
This is contained in a statement signed by the Permanent Secretary of the Ministry of Finance, Mr Benjamin Fatigun, in Ilorin.
Related Posts
Fatigun gave the breakdown of the allocation to include N2,960,663,019.50 Statutory Revenue Allocation (SRA); N1,010,817,811.15 Value Added Tax (VAT) and N5,783,607.74 Exchange Gain.
He also said the entire 16 local government areas received a total sum of N2,880,023,786.04 as net allocation for July.
According to him, the breakdown of the money are N2,303,340,603.78 for SRA, N572,868,500.92 for VAT and N3,814,681.34 for Exchange Gain.
