Home NEWS 6 Abuja Area Councils, Others Share 2.12 Billion For March statutory allocation

6 Abuja Area Councils, Others Share 2.12 Billion For March statutory allocation

FCT PS Dr Babatope Ajakaye

The six Area Councils in the Federal Capital Territory (FCT), together with other stakeholders, have received the sum of the sum of 2.12 billion from the Federal Capital Territory Administration (FCTA), as their share of statutory allocation for the month of March.

FCT Permanent Secretary, Dr. Babatope Ajakaiye who made this known at the Joint Area Councils Allocation Committee (JAAC) meeting held on Thursday in his office gave the breakdown of the allocation as Primary School Teachers getting N998,912,759.14 while the 15 percent Pension Funds got N95,040,159.75, one percent Training Fund got N18,886,323.78 and 10 percent Employer Pension Contribution(15th installment of 23 months), got N73,917,439.85.

Abaji Area Council got N123,966,348.63; AMAC received N158,055,434.72 and Bwari Area Council got N121, 395, 216.57. Also, Gwagwalada went home with N149,941,776.30; Kuje received N125,324,331.04 and Kwali got N127,192,588.45.

Included in the disbursement for the month of March is 10 percent share of the FCT Internally Generated Revenue (IGR) accruable to the Area Councils for February.

Dr.Ajakaiye charged the council henchmen to ensure that workers’ salaries are given top priorities. [myad]