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Kogi Receives Another N3,542,879,096.96 As April, 2019 Allocation.

The Kogi state government has received Allocation for the month of April,2019 

The break down for the said allocations and local government is as follows:

1. The Gross Statutory Revenue Allocation is N3,542,879,096.96
Less loans Deductions: 585,515,811.67
Net Statutory Revenue Allocation = N2,967,363,284.29
Value Added Tax = N977,259,403.01
Exchange Gain = N5,448,377.72
Total =N3,950,071,065.02

The 21 Local Government Allocation for the month of April 2019 shared in May, 2019.
Net Statutory Revenue Allocation = N2,569,739,454.84
Value Added Tax = N670,548,002.86
Exchange Gain = N4,090,208.98
Total = N3,244,377,666.68.

The question begging for answer is that what happen to the last month allocation and what will happen to this month allocations?


Source: Kogi State Ministry of Finance.

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