FCT News
FCTA pays out N6.3b March statutory allocation to Area Councils, Stakeholders
The Federal Capital Territory Administration (FCTA) has paid out the sum of N6,316,621,045.37 to the six area councils and other stakeholders as statutory allocation for the month of March, 2024.
Special Adviser on Media To FCT Minister of State, Austine Elemue in a statement indicated that the March allocation is said to be 40 percent higher than the N3,938,092,102.92 paid out in the month of February, 2024.
According to the Statement the 188th Joint Account Allocation Committee (JAAC), meeting was presided over by FCT Minister of State, Dr. Mariya Mahmoud, who expressed satisfaction with the 40% increase.
She, urged the Area Council Authorities to carryout meaningful projects to justify the monthly allocation
“The allocation to the area councils as its stands today goes beyond payment of staff salaries. It is, therefore, expedient and instructive for the chairmen to carryout people orientated projects to justify the resources that goes to the councils”.
Thebbreakdown analyses of the figures released during the JAAC meeting indicated that the sum of N3,814,043,951.50 was made available for disbursement to the six area councils, while the sum of N2,502,577,093.87 was made available to other stakeholders, bringing the total sum to N6,316,621,045.37.
Similarly, distributions to the six area councils shows that the Abuja Municipal Area Council (AMAC), received N796,985,326.39, while Gwagwalada got N606,666,131.20 and Kuje received N635,903,823.41.
Other area councils which includede, Bwari Area Council received N598,406,880.71, Abaji got N564,901,838.77 while Kwali received N611,179,951.02, bringing the total sum to N3,814,043,951.50 disbursed to the six area councils.
On the other hand, distribution to other critical stakeholders included Primary School Teachers which gulped N2,115,855,089.92, 15 percent Pension Funds took N226,478,989.57, One percent Training Fund gulped N52,394,108.75, while 10 percent Employer Pension Contribution gulped N107,849,405.63, bringing the total sum to N2,502,577,093.87.
Those present at the 188th Joint Account Allocation Committee (JAAC) meeting included 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 Ajaka and the representative of the Accountant General’s Office, Mr. Muhmud Nasiri.
Others included the Chairman of Abuja Municipal Area Council, Hon. Christopher Maikalagun, Chairman of Abaji Area Council, Hon. Abdullahi Abubakar, Chairman of Bwari Area Council, Hon. John Gabaya and representatives of the chairmen of Gwagwalada and Kwali Area Council amongst others.