Connect with us

Economy

Allocation: FCT Area Councils, stakeholders share N3,041,969,760.37

Published

on

FCT Minister of State, Dr. Ramatu Tijjani Aliyu
Spread the love

The six Area Councils in the Federal Capital Territory and other stakeholders have received the sum of N3,041,969,760.37 as share of statutory allocation for the month of February, 2023.

The FCT Minister of State, Dr. Ramatu Tijjani Aliyu, who presided over the 176th Joint Account Allocation Committee (JAAC), meeting, commended members for their attendance and contributions towards the upliftment of the area councils administration. com/pagead/js/adsbygoogle.js"> com/pagead/js/adsbygoogle.js">

Read Also:  FG, States, Local Councils share December allocation of N990.189 billion
googlesyndication.com/pagead/js/adsbygoogle.js">

Special Adviser on media Media To FCT Minister of State, Austine Elemue in a statement issued in Abuja on Tuesday quoted the minister to have tasked the chairmen of the councils to be prudent in the management of council funds.

However, a breakdown of the figures released during the JAAC meeting indicates that the sum of N723,451,651,38 was made available for distribution to the six area councils, while the sum of N2,318,518,108. 99 was made available to other stakeholders, bringing the total sum to N3,041,969,760.37billion.

Read Also:  President Buhari seeks confirmation of Justice Husseini Baba Yusuf as Chief Judge of FCT

Similarly, distributions to the six area councils shows that the Abuja Municipal Area Council (AMAC), received N157,079,223.74 while Gwagwalada got N115,463,859.92 and Kuje received N142,480,237.79.

Other area councils include, Bwari Area Council which received N102,295,291.64, Abaji got N102,288,808.21 while Kwali received N103,844,230.08, bringing the total sum to N723,451,651.38 disbursed to the six area councils.

On the other hand, distribution to other critical stakeholders include: Primary School Teachers which gulped N1,953,770,016.19, 15 percent Pension Funds took N226,478,989.57, One percent Training Fund gulped N30,419,697.60, while 10 percent Employer Pension Contribution gulped N107,849,405.63, bringing the total sum to N2,328,518,108.99.

Read Also:  How e-commerce using social media platforms is creating market for online shoppers and vendors

Those present at the 176th Joint Account Allocation Committee (JAAC) meeting included the FCTA Permanent Secretary, Mr. Olusade Adesola, Director Human Resource Management, Alh. Mohammed Bashir, Secretary Area Council Services, Hon. Ibrahim Abubakar Dantsoho, and FCT representative in Revenue Mobilization, Allocation and Fiscal Commission, Mallam Abubakar Hussain.

Others include the chairman Abaji Area Council, Hon. Abubakar Abdullahi, Chairman of Kuje Area Council, Hon. Abdullahi Sabo, Chairman of Bwari Area Council, Hon. John Gabaya, Chairman of Abuja Municipal Area Council, Hon. Christopher Zaka, Chairman of Gwagwalada Area Councils, Hon. Abubakar Giri, amongst others.

Contact Us:

  • Address: Address: 1st Floor,  Nwakpabi Plaza,  Suite 110, Waziri Ibrahim Crescent, Apo,  Abuja
  • Tel: +234 7036084449, +234 8066722600, +234 7012711701
  • Email: info@capitalpost.ng
  • Email: capitalpost20@gmail.com

Quick Links: