By Sarah NEGEDU
Statutory allocation to the six area councils of the FCT and other stakeholders rose by 0.8 percent in the month of February to hit N3,592,846,301.74billion.
The FCT Minister of State, Dr. Ramatu Aliyu, who presided over the 163rd Joint Account Allocation Committee, JAAC, meeting disclosed that monthly allocation rose from the N3,562,934,772.37 billion disbursed in the month of January 2022, to N3,592,846,301.74 billion in February.
The minister stated that though the increase in the disbursement was minimal, the Administration would continue to scale up its revenue drive.
Aliyu expressed concerns over the bureaucratic delay in engaging new cleaning contractors in some areas, just as she called on the permanent secretary and the Satellite Towns Development Department to expedite action.
While calling for more commitment and synergy on the part of all stakeholders, the minister however commended them for showing understanding in the distribution of monthly allocation to area councils and other stakeholders.
A breakdown of the figures released indicate that the sum of N1,326,783,880.29 billion was made available for distribution to the six area councils, while the sum of N2,266,062,421.45 billion was made available to other stakeholders, bringing the total sum to N3,592,846,301.74 billion.
Further breakdown of the allocation to area councils show that the Abuja Municipal Area Council, AMAC, received N207,082,171.27 million, while Gwagwalada got N233, 585, 596.80 million and Kuje received N248,339,395.40 million.
Bwari Area Council received N215,077,684.57 million, Abaji got N217,669,671.27 million while Kwali received N205,029,360.98 million, bringing the total sum to N1,326,783,880.29 billion disbursed to the six area councils.
Furthermore, distribution to other stakeholders include: Primary School Teachers which gulped N1,895,805,563.23billion, 15 percent Pension Funds took N226,478,989.57 million, one percent Training Fund gulped N35,928,463.02million, while 10 percent Employer Pension Contribution gulped N107,849,405.63million, bringing the total sum to N2,266,062,421billion.
