FCTA councils, others share N4.96bn statutory allocation for October

The six area councils of the Federal Capital Territory Administration (FCTA), primary school teachers and pension scheme have shared N4.96 billion of statutory allocation for the month of October.

The amount was shared during the 182nd Joint Account Allocation Committee (JAAC) meeting, in Abuja yesterday.

The FCT Minister of State, Dr Mariya Mahmoud, who presided over the meeting, commended members of the committee for their valuable contributions to the development of the FCT.

A breakdown of the amount shows that the six area councils got N2.53 billion, while N2.43 billion went to other programmes and schemes in the FCTA.

Of the N2.53 billion, Abuja Municipal Area Council received N517.55 million, Gwagwalada got N407.28 million, Kuje received N445.79 million, Bwari N390 million, Abaji N363.86 million, while Kwali received N406.75 million.

Also, out of the N2.43 billion for programmes and schemes, N2.1 billion went to primary school teachers, N226.48 million earmarked as 15 percent pension fund.

A total of N49.66 million was allocated as one percent training fund, while N107.85 was allocated as 10 percent employer pension contribution.

The minister appealed to the Department of Outdoors Advertisement and Signage (DOAS) to work in synergy with the six area councils to improve revenue generation in the territory.

She cautioned against friction among revenue generating departments, adding that collaboration would significantly improve the FCTA’s Internally Generated Revenue.