The Federal Capital Territory Administration (FCTA) disbursed N4.43 billion to the six area councils, pension schemes, and primary school teachers as a statutory allocation for January 2024.

FCT Minister of State Mariya Mahmoud disclosed this while presiding over the 186th Joint Account Allocation Committee meeting in Abuja on Tuesday.

Ms Mahmoud pointed out that the amount represents a slight decline compared to N4.8 billion shared in December 2023.

The breakdown of the figures shows that N1.97 billion was disbursed to the six area councils, while N2.46 billion was earmarked for pension schemes and primary school teachers.

The Abuja municipal area council received N475.42 million, Gwagwalada received N310 million, and Kuje received N327.51 million. Bwari area council received N302.89 million, Abaji got N254.14 million, and Kwali received N304.95 million.

A further breakdown shows that N2.46 billion was disbursed to teachers and pension schemes, primary school teachers received N2.1 billion,

while N44.39 million was set aside as a one per cent training fund.

Also, N226.48 million was earmarked for the 15 per cent Pension Fund, while N107.85 was earmarked for the 10 per cent employer pension contribution.

The minister appreciated members of the committee for their steadfastness over the years.

(NAN)