The Federal Capital Territory Administration (FCTA) has disbursed N6,316,621,045.37 to the six area councils and other stakeholders in the FCT as statutory allocation for March, 2024.
In a statement signed by the Special Assistant, Media to FCT Minister of State, Austine Elemue, the amount represented an increase of approximately 40 percent when compared to N3,938,092,102.92 shared in February, 2024.
According to the statement, the FCT Minister of State, Dr Mariya Mahmoud, who presided over the 188th Joint Account Allocation Committee (JAAC), expressed satisfaction over the increase.
Mahmoud, therefore, charged authorities in the six area councils to justify the monthly allocation by embarking on meaningful projects.
“The allocation to the area councils as its stands today goes beyond payment of staff salaries. It is, therefore, high time for the chairmen to embark on people-orientated projects to justify the resources that goes to the councils,” she said.
However, a breakdown of the figures released during the JAAC meeting indicated that the sum of N3,814,043,951.50 was made available for distribution to the six area councils, while the sum of N2,502,577,093.87 was disbursed to other stakeholders, bringing the total sum to N6,316,621,045.37.
Also, distributions to the six area councils showed that the Abuja Municipal Area Council (AMAC), received largest share of N796,985,326.39; Gwagwalada got N606,666,131.20; and Kuje received N635,903,823.41.
Other area councils include, Bwari area council which received N598,406,880.71; Abaji – 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 include 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.
