x

FCTA disburses Statutory Allocation of N3.7bn to six Area Councils, Stakeholders

By Joyce Remi-Babayeju

The Federal Capital Territory Administration has disbursed a total sum of N3,724,055,993.78 billion to the six area councils and other stakeholders as statutory allocation for the month of April 2024.

The amount represents a decrease of approximately 47 percent when compared to N6,316,621,045.37 billion shared in the month of March 2024.

FCT Minister of State, Dr. Mariya Mahmoud, who presided over the 189th Joint Account Allocation Committee (JAAC), enjoined the area council authorities to make maximum use of the allocation.

However, a breakdown of the figures released during the JAAC meeting indicates that the sum of N1,236,631,948.72billion was made available for distribution to the six area councils, while the sum of N2,487,424,045.06billion was made available to other stakeholders, bringing the total sum to N3,724,055,993.78billion.

Following a breakdown of the distributions to the six area councils shows that the Abuja Municipal Area Council (AMAC), received N373,957,193.97million, while Gwagwalada got N175,262,354.14million and Kuje received N205,097,403.10million.

Other area councils include, Bwari Area Council which received N169,159,150.38million, Abaji got N131,714,881.61million while Kwali received N181,440,965,.10million, bringing the total sum to N1,236,631,948.72billion disbursed to the six area councils.

In the same vein, distribution to other critical stakeholders include: Primary School Teachers which gulped N2,115,855,089.92billion, 15 percent Pension Funds took N226,478,989.57million, One percent Training Fund gulped N37,240,559.94million, while 10 percent Employer Pension Contribution gulped N107,849,405.63million, bringing the total sum to N2,487,424,045.06billion.

Those at the 189th Joint Account Allocation Committee (JAAC) meeting include the Senior Special Assistant on Administration and Strategy to FCT Minister of State, Dr. Abdullahi Isa Kauramata, Mandate Secretary Area Council Services Secretariat, Hon. Bitrus Garki, Permanent Secretary, Area Council Services Secretariat, Dr. Olusa Olusegun, Ag. Director of Funds, Mr. Muhammed Aris, Commissioner FCT Revenue Mobilization Fiscal Allocation Commission, Hon. Ismail Agaka and the representative of the Accountant General’s Office, Mr. Muhmud Nasiri.

Others were the Chairman of Abuja Municipal Area Council, Hon. Christopher Maikalagun, Chairman of Bwari Area Council, Hon. John Gabaya and representatives of the chairmen of Gwagwalada, Abaji and Kwali Area Council among others.

Hot this week

Tinubu Condoles Family of Late Senator Solomon Ewuga, Hails Him as Exemplary Leader

By Francis WilfredPresident Bola Ahmed Tinubu, GCFR, has...

NPA Denies Alleged N57bn Contract Diversion, Says Award Letters Are Fake

By Achadu Gabriel, KadunaThe Nigerian Ports Authority (NPA) has...

TCN Begins Maintenance on Aja–Alagbon 330kV Transmission Line in Lagos

By Jabiru HassanThe Transmission Company of Nigeria (TCN) has...

Nigeria, Chinese Firm Sign Deal to Deploy 500 CNG Stations Nationwide

The Midstream and Downstream Gas Infrastructure Fund (MDGIF) have...

NNAMDI KANU IS GOOD RIDDANCE TO BAD RUBBISH

By Charles Nnaebuka, PhDNnamdi Kanu’s conviction and sentencing to...

Wike Slams Turaki- Led PDD Faction, Says Nigeria’s Democracy Not Under Threat

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nysome Wike...

Chinese Envoy Visits National Defence College, Seeks Deeper Security Ties With Nigeria

Efforts to broaden defence collaboration between China and Nigeria...

Nestoil: Group accuses Lagos CP of compromise as Court writes for enforcement of Order

Nigerian Equity and Justice Movement has accused the Lagos...

Manchester United Linked to Borussia Dortmund’s Karim Adeyemi

Manchester United have reportedly opened discussions regarding Borussia Dortmund...

CAF Awards: Super Falcons clinch ‘Women’s National Team of the Year’

Nigeria’s Super Falcons have been crowned the CAF Women’s...

Related Articles

Popular Categories

spot_imgspot_img