FCT area councils share N4 billion July allocation
The Federal Capital Territory Administration has disbursed N4.1 billion to the six area councils in the FCT and other stakeholders.
The disbursement was the share of statutory allocation for July.
The FCT Minister of State, Ramatu Aliyu, who presided over the 156th Joint Account Allocation Committee (JAAC), disclosed this on Wednesday in Abuja.
She commended all critical stakeholders for their cooperation despite challenges recorded in the past.
Ms Aliyu explained that the figure showed an increase of revenue from the N2.6 billion disbursed in June to N4.1 billion in July, representing over a 50 per cent increase.
The minister attributed the earlier drop in the allocation to an increase in the statutory revenue allocation from the federation account.
The figures indicated that N2.2 billion was made available for distribution to the six area councils.
She added that N1.9 billion was made available to other stakeholders, bringing the total to N4.1 billion.
“However, distribution to area councils shows that the Abuja Municipal Area Council received N435.3 million, while Gwagwalada got N409.1 million and Kuje received N348 million,” Ms Aliyu explained. “Similarly, Bwari Area Council received N325. 3 million, Abaji got N356 million, and Kwali received N337 million bringing the total to N2. 2 billion disbursed to the six area councils.”
According to her, distribution to other stakeholders included primary school teachers, which gulped about N2 billion, and 15 per cent pension funds took N226.4 million.
“Also, one per cent training fund gulped N41.1 million, while 10 per cent Employer Pension Contribution gulped N108 million, bringing the total to about N2 billion,” Ms Aliyu added.
The minister urged council chairmen to initiate projects that will benefit the rural communities to address infrastructural deficits.
(NAN)
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