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

UNILAG Alumni Awards Scholarships to 28 FCT Students

By Joyce Remi- BabayejuThe University of Lagos Alumni Association,...

Transfer: Beşiktaş Target Super Eagles Striker Arokodare

Turkish giants Beşiktaş are reportedly planning a move for...

EFCC Arrests 31 Suspects in Alleged Cybercrime Training Centre in Abuja

The Economic and Financial Crimes Commission (EFCC) says it...

UNIJOS Confirms Death of Two Students in Jos Violence

The Vice-Chancellor of the University of Jos, Tanko Ishaya,...

Osunmaibio FC Win Ekeremor Title After Penalty Shootout Victory

Osunmaibio FC have emerged champions of Ekeremor Local Government...

Court Rejects Document in Alleged $35m NCDMB Fraud Trial

By Francis WilfredThe Federal High Court in Abuja...

Family Petitions Police Over Disappearance of 14-Year-Old in Katsina

The family of a 14-year-old boy, Delight Ejiofor, has...

NYSC Kogi Bids Farewell to Oshungbohun, Welcomes New Coordinator Chris-Moneke

The National Youth Service Corps (NYSC) in Kogi State...

Kogi Police Arrest Six University Students Over Viral Bullying Video

The Kogi State Police Command has arrested six students...

Group Seeks Kogi Government Support to Rebuild Onu Egume Palace

A community group has called on the Kogi State...

Related Articles

Popular Categories

spot_imgspot_img