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

GOVERNORS, DUE PROCESS AND DEMOLITION IN NIGERIA

BY DR AUSTIN ORETTEFor democracy to work, citizens...

‎Alhaji Zazzaga an Impostor, ,remains a suspended member , says Plateau APC Group

By Israel Adamu,Jos‎ The ‎ All Progressives Congress...

NCDMB, Renaissance, First E&P Launch Nigerian Engineering Olympiad To Bridge Skills Gap, Curb Brain Drain

Amgbare Ekaunkumo,YenagoaThe Nigerian Content Development and Monitoring...

“I have never been as unsure of Nigeria’s future as I am now”–Bishop Kukah

By Achadu Gabriel, KadunaKukah, in a statement widely...

The Failed Almajiri System in Northern Nigeria and Its Security Implications

By Idris AbubakarThe Almajiri system in northern Nigeria has...

NIM Yenagoa Hosts Maiden Quiz Competition, Career Day; Urges Students to Pursue Passion-Driven Careers

By Amgbare Ekaunkumo, YenagoaThe Nigerian Institute of Management (NIM)...

Related Articles

Popular Categories

spot_imgspot_img