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

Sugary drinks raise heart disease risk in children – Expert

A consultant cardiologist in Gombe, Dr Abubakar Sani, has...

AFAN National President Predicts Brighter Future for Nigeria’s Agricultural Sector

By Jabiru HassanThe National President of the All Farmers’...

2027 Elections: Group Endorses Chief Ephraim Usman for Plateau Central Senatorial Seat

By Israel Adamu, JosA grassroots political group, the Plateau...

FCTA Renews Stance on Enforcement of Ground Rent Payments, Others in Abuja

By Joyce Remi-BabayejuThe FCTA Director, Land Administration, Chijioke Nwankwoeze...

Prof. Ogbo Advocates Death Penalty for Corruption in Nigeria, Calls for Constitutional Reform

From Noah Ocheni, LokojaA former university administrator, Professor Salisu...

$200m Mega Poultry Project in Kaduna State to Generate $450m Annually — Uba Sani

By Achadu Gabriel, KadunaKaduna State Governor, Senator Uba Sani,...

Geopolitical Balancing Strategy, China, Iran and the Donroe Doctrine

By Prof Sheriff Ghali IbrahimThe twilight of the Second...

AFAN National President Predicts Brighter Future for Nigeria’s Agricultural Sector

By Jabiru HassanThe National President of the All Farmers’...

Gov Oborevwori, Service Commanders, Others Honour Nigeria’s Fallen Heroes

By Anne AzukaActivities marking the 2026 Armed Forces...

Related Articles

Popular Categories

spot_imgspot_img