1. Gross Statutory Allocation – N1,810,017,817.68
2. Total deduction – N883,008,554.30
3. Net Statutory Allocation – N927,009,263.38.
4. VAT – N519, 646,358.65
5. Exchange Gain – N29, 090,272.59
6. Total Allocation Received in October – N1,475,745,894.62
7. Total Allocation Received in September – N2,044,365,970.16
NOTE:
Shortfall of N568.62 million if October allocation of
N1,475,745,894.62 is compared with September allocation of
N2,044,365,970.16.
#LOCAL GOVT.
Net Allocation – N1,360,296,974.78
Shortfall of about N148.99 million when compared with what was received in September.
Lere Olayinka
SA (Public Communications and New Media).
