Allocation: Area Councils get N2bn in February
A total sum of N2,079,975,846.79 billion has been set aside for onward distribution to the six Area Councils of the FCT, as statutory allocation for the month of February 2021.
The figure is from the total N3,736, 038, 550.20 billion allocated to the area councils and other stakeholders by the Joint Area Councils Allocation Committee, JAAC.
FCT Minister of State, Dr. Ramatu Aliyu, who was represented by the Permanent Secretary, Federal Capital Territory Administration, Mr. Olusade Adesola, at the 151st JAAC, stated that there was a drop in the February allocation when compared to the N3,825,254,760.45 billion received in January.
Despite the N89.216million shortfall, distribution to area councils shows that the Abuja Municipal Area Council, AMAC, received N383, 682, 526.40 million, while Gwagwalada got N381,434,001.86 million and Kuje received N323,721, 864.08 million.
Similarly, Bwari Area Council received N321,822,935.51 million, Abaji got N341, 336, 690.16 million and Kwali received N327, 977, 828.78 million.
Furthermore, distribution to other stakeholders include: Primary Teachers which gulped N1,284, 373, 922.70 billion, 15 percent Pension Funds took N226, 478, 989.57 million, one percent Training Fund gulped N37,360, 385.51 million, while 10 percent Employer Pension Contribution gulped N107, 849, 405.63 million.
Adesola, who commended all the stakeholders for showing understanding in the distribution of monthly allocation, however, assured that other pending issues would be addressed in the next JAAC meeting.