The Federal Capital Territory Administration (FCTA), yesterday, disclosed that it had disbursed over N2.66 billion to the six area councils
The figure showed that there was a minimal drop in revenue from N2,724,546,444.33 disbursed in the month of May to that of June.The FCT Minister of State, Dr. Ramatu Tijjani Aliyu, who presided over the 155th Joint Account Allocation Committee meeting, appealed to council chairmen and stakeholders to show understanding and make judicious use of the allocation.
The figures released indicated that N773, 574, 574.28 was made available for distribution to the six area councils, while N1,887, 166, 058.12 was given to other stakeholders, bringing the total sum to N2,660,740,632.40 billion.Highlight of the distribution to area councils showed that the Abuja Municipal Area Council received N188,477,690.83 while Gwagwalada got N177,472,859.50 and Kuje received N108, 501, 865.37.
Furthermore, distribution to other stakeholders includes Primary School Teachers, which gulped N1,526,230, 256.60, 15 per cent Pension Funds took N226,478,989.57, one per cent Training Fund gulped N26,607,406.32, while 10 per cent Employer Pension Contribution gulped N107,849, 405.63, bringing the total sum to N1,887,166,058.12.
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