x

FCTA disburses statutory allocation of N3.7 bn to six Area Councils

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

FULL LIST: Tinubu Names Dambazau as Nigeria’s Ambassador to China

President Bola Ahmed Tinubu has appointed former Minister of...

Senator Seriake Dickson Dumps PDP, Joins Newly Registered NDC

By Francis WilfredFormer Governor of Bayelsa State and current...

FG Inaugurates Steering Committee to Drive Establishment of Cotton, Textile and Garment Development Board

By Francis WilfredThe Federal Government has officially inaugurated a...

Senator Nora Daduut Congratulates Plateau Governor Caleb Mutfwang on 61st Birthday

By Golok Nanmwa, JosSenator Prof. Nora Ladi Daduut, Nigeria’s...

Rainstorm Destroys Over 40 Houses, Churches in Kogi Community

From Noah Ocheni, LokojaResidents of Egbeda Egga community...

‘No Man Feels Complete When a Woman Is Feeding Him’ — Eucharia Anunobi

Veteran Nollywood actress Eucharia Anunobi has sparked debate on...

BBNaija Star Ilebaye Undergoes Face And Nose Rejuvenation For Youthful Look

Reality TV personality Ilebaye Odiniya has revealed she recently...

Court Allows PDP Factions Settle Convention Dispute Out of Court

The Court of Appeal sitting in Ibadan, Oyo State,...

Dangote Refinery Supplies 92% of Nigeria’s Petrol as FG Halts Imports

The Nigerian Midstream and Downstream Petroleum Regulatory Authority says...

Lagos Launches Online Pre-Marital Course for Pastors, Imams, Counsellors

The Lagos State Domestic and Sexual Violence Agency (DSVA)...

Related Articles

Popular Categories

spot_imgspot_img