Stakeholders in FCT Area Councils Share N3.7b in December Allocation 

The six Area Councils in the Federal Capital Territory and other stakeholders have received the sum of N3,736,184,845.78 as their share of statutory allocation for the month of December, 2023.The FCT Minister of State, Dr. Ramatu Tijjani Aliyu, presided over the 173rd Joint Account Allocation Committee (JAAC), meeting held in her office.

A statement by her Special Adviser on Media Austine Elemue quoted her to have expressed satisfaction over the minimal increase in the revenue allocation for the month of December, 2022.However, a breakdown of the figures released during the JAAC meeting indicate that the sum of N1,437,399,379.33 was made available for disbursement to the six area councils, while the sum of N2,298,785,466.45billion was made available to other stakeholders, bringing the total sum to N3,736,184,845.78.According to the statement disbursement to area councils shows that the Abuja Municipal Area Council (AMAC), received N323,239,942.32, while Gwagwalada got N221,096,886.83 and Kuje received N254,790,015.02

Other area councils include, Bwari Area Council which received N216,913,836.02, Abaji got N214,107,803.45 while Kwali received N207,250,895.69, bringing the total sum to N1,437,399.379.33 disbursed to the six area councils.
On the other hand, disbursement to other critical stakeholders include: Primary School Teachers which gulped N1,927,095,222.79, 15 percent Pension Funds took N226,478,989.57, One percent Training Fund gulped N37,361,848.46, while 10 percent Employer Pension Contribution gulped N107,849,405.63, bringing the total sum to N2,298,785,466.45.