FCT Area Councils, Stakeholders Share N3.7billion as December Allocation 

Olawale Ajimotokan in Abuja

The six FCT Area Councils and other stakeholders have received the sum of N3,736,184,845.78 as their share of statutory allocation for the month of December, 2022.

The FCT Minister of State, Dr. Ramatu Tijjani Aliyu, presided over the 173rd Joint Account Allocation Committee (JAAC), meeting held in her office.

She expressed satisfaction over the minimal increase in the revenue allocation for December, 2022.

From the breakdown of the figures released after the JAAC meeting, the sum of N1,437,399,379.33billion was made available for distribution to the six area councils, while the sum of N2,298,785,466.45billion was made available to other stakeholders, bringing the total sum to N3,736,184,845.78billion.  

Similarly, distributions to area councils shows that the Abuja Municipal Area Council (AMAC), received N323,239,942.32million, while Gwagwalada got N221,096,886.83million and Kuje received N254,790,015.02million.

Other area councils include, Bwari Area Council which received N216,913,836.02million, Abaji got N214,107,803.45million while Kwali received N207,250,895.69million, bringing the total sum to N1,437,399.379.33billion disbursed to the six area councils.

On the other hand, distribution to other critical stakeholders include: Primary School Teachers which gulped N1,927,095,222.79billion, 15 percent Pension Funds took N226,478,989.57million, One percent Training Fund gulped N37,361,848.46million, while 10 percent Employer Pension Contribution gulped N107,849,405.63million, bringing the total sum to N2,298,785,466.45billion.