Home NEWS 6 FCT Area Councils, Stakeholders, Share N4.7 Billion For November 

6 FCT Area Councils, Stakeholders, Share N4.7 Billion For November 

The six Area Councils of the Federal Capital Territory (FCT), and other stakeholders have shared a total of N4.7 billion as statutory allocation for the month of November, 2023.

The amount, disbursed by the Administration of Nyeson Wike, according to a statement today, December 22, represent a slight decrease to N4,966,217,872.99 billion shared in the month of October, 2023.
The Minister of State for the FCT, Dr. Mariya Mahmoud, who presided over the 184th Joint Account Allocation Committee (JAAC), meeting, applauded stakeholders for their invaluable contributions.
A breakdown of the figures released during the JAAC meeting indicates that the sum of N2,278,074,927.90 billion was made available for distribution to the six Area Councils, while the sum of N2,451,206,558.74 billion was made available to other stakeholders, bringing the total sum to N4,729,281,486.64.
Similarly, distributions to the six Area Councils show that the Abuja Municipal Area Council (AMAC) received N501,091,846.87, while Gwagwalada got N360,916,297.90 and Kuje received N396,980,497.83.
Other Area Councils include Bwari Area Council which received N351,073,007.13, Abaji got N309,019,913.05 while Kwali received N358,993,365.12, bringing the total sum to N2,278,074,927.90 disbursed to the six Area Councils.
Distribution to other critical stakeholders include Primary School Teachers which got N2,069,585,348.67, 15 percent Pension Funds took N226,478,989.57, One percent Training Fund N47,292,814.87, while 10 percent Employer Pension Contribution got N107,849,405.63, bringing the total sum to N2,451,206,558.74.
Present at the 184th Joint Account Allocation Committee (JAAC) meeting were the FCTA Permanent Secretary, Olusade Adesola, who was represented by the Director of OPS, Samuel Atang; Secretary, Area Council Services, Hon. Bitrus Garki, and the Director of Finance and Administration in Area Council Secretariat, Mrs. Omolola Olanipekun.
Others include the Chairman of Abaji Area Council, Abubakar Abdullahi, Chairman of Kwali Area Council, Danladi Chiya, amongst others.

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