The government of Kogi state says it would use some of its N6.17billion federation account allocation to pay workers’ salary and retirees’ pension by next week.
Idris Asiru, the state Commissioner of Finance, made this known in a statement in Lokoja on Saturday.
The Commissioner said the amount was what accrued to the state and the 21 local government councils in the state for September.
Asiru said the state received N3,345,889,660 billion as statutory allocation after deduction of N547,311,113; Value Added Tax of N808,623,556; exchange gain of N1,883,394 and bank charges of N34,287,809.
According to him, the councils’ allocation was made up of N2,832,733,120 billion as statutory allocation after a deduction of N89,972,595 million; Value Added Tax of N553,917,494 million; exchange gain of N1,413,902 billion and bank charge of N25,740,562 million.
He said that the state government would continue to exhibit probity and transparency in the handling of its finances.