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Africa Housing News > Blog > News > FCTA Disburses Over ₦2.7b To Area Councils For May
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FCTA Disburses Over ₦2.7b To Area Councils For May

Last updated: 2021/07/04 at 12:54 PM
Fesadeb Published July 4, 2021
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The Federal Capital Territory Administration has disbursed a total sum of N2,724,546,444.33 billion to the six Area Councils as its statutory allocation for the month of May 2021.  

Presiding over the 154th Joint Account Allocation Committee (JAAC),meeting , FCT Minister of State, Dr. Ramatu Tijjani Aliyu, pointed out that the May allocation witnessed about 32.4% sharp decline of funds allocated to the six area councils compared to April allocation which was N4,035,289,643.20 billion naira.

The minister explained that the decline in the allocation was as a result of a drop in the statutory revenue allocation from the federation account.  

The figures released indicates that the sum of N864,650,673.55 million was made available for distribution to the six area councils, while the sum of N1,859,895,770.78 billion was made available to other stakeholders, bringing the total sum to N2,724,546,444.33 billion.  

From the allocation, Abuja Municipal Area Council (AMAC), received N202,639,822.02 million, while Gwagwalada got N192,741,834.09 million and Kuje received N124,540,530.97 million.  
Also,Bwari Area Council received N94,908,257.47 million, Abaji got N137,990,711.51 million and Kwali received N111,829,517.49 million bringing the total sum to N864,650,673.55 billion disbursed to the six area councils.  

Other stakeholders like the Primary school Teachers gulped N1,498, 321, 911.12 billion, 15 percent Pension Funds took N226,478,989.57 million, One percent Training Fund gulped N27, 245, 464.46 million, while 10 percent Employer Pension Contribution gulped N107,849, 405.63 million, bringing the total sum to N1,859,895,770.78 billion.  

Aliyu who used the medium to encourage the council Chairmen to ensure the enrollment of all council staff on the health insurance policy, also maintained that implementation of the minimum wage to area council staff remained sacrosanct.

Source: Radionigeriaabuja

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Fesadeb July 4, 2021 July 4, 2021
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