Sunday, January 17, 2021

FG disburses another N123.34bn grants to states

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The Federal Government has disbursed another round of performance-based grants to states in the sum of N123.348bn under its States Fiscal Transparency, Accountability and Sustainability Programme.

Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this in a statement issued in Abuja.

Ahmed explained that the disbursement followed the achievement of results by the states in the just concluded 2019 Annual Performance Assessment.

States received grants in accordance with the number of results achieved, with Sokoto State receiving the highest amount of N6.61bn, while Kano got the lowest amount of N1.71bn.