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

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Setting the Record Straight on Nigerian workers in Central Africa Republic

PRESS RELEASE In a recent viral video, six Nigerians in...

Fulani terrorist leader ”Ɗari biyar ta fi Bahaushe” neutralized – Security sources

…Masterminder of murder of over 300 innocent souls, while...

Bayelsa U15 Athletics Meet Showcases Rising Stars for National Youth Games

Amgbare Ekaunkumo, Yenagoa   Over 200 young athletes from across Bayelsa...

Diri Calls for Tech-Driven Education, Pledges Housing for UniPort Staff

Amgbare Ekaunkumo, Yenagoa   Bayelsa State Governor, Senator Douye Diri, has...

Outcry as woman buried with 8 months pregnancy in Kaduna

By Achadu Gabriel, Kaduna Barely one week later, tongues are...

Senate approved $21.8bn loan: Mortgaging Nigeria’s future for its present

By Patrick Wemambu Variously described as ludicrous, escalating and unsustainable,...

Chinese Embassy Probes Alleged Abandonment of Nigerian Miners in CAR

The Chinese Embassy in Nigeria has launched an investigation...

APC’s Future Bright Under Nentawe’s Leadership — Daduut

By Israel Adamu, Jos Senator Nora Ladi Daduut has congratulated...
spot_img

Related Articles

Popular Categories

spot_imgspot_img