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... hands Area Councils, stakeholders N2.199bn allocation for August

7th Oct, 2019 | By Bibian Anozie and Akuta Shedrack | ||

Federal Capital Territory Joint Account Allocation Committee (JAAC) distributed a total sum of N2, 199,538,808.77 to be shared by the six Area Councils of FCT as well as stakeholders as statutory allocation for August, 2019. Federal Capital Territory Administration (FCTA) always makes public the allocations in line with President Muhammadu Buhari's Change Agenda which harps on transparency, anti-corruption and accountability, tenets which FCT Minister, Malam Muhammad Musa Bello has made his beacon.

Acting Secretary, FCTA Area Councils Services Secretariat (ACSS),Mrs. Omolola Olanipekun broke news of the payment during the recent JAAC meeting. She added that Abuja Municipal Area Council (AMAC) received the highest allocation of N151, 319,799.66, Gwagwalada N138, 758,634.67, followed by Abaji N93, 387,578.76. Bwari received N84, 669,339.96 Kwali N71, 841,795.32 and Kuje N65, 675,739.27, Olanipekun disclosed.

Furthermore, the Acting Secretary said that stakeholders such as Primary School Teachers sub-heading received N1, 237,562,237.85, while 15% Pension Funds received N226, 478,989.57. One per cent went for Training Fund to the tune of N21, 995,388.09, and 10% was ploughed into Employer Pension Contribution sub-heading, the latter of which gulped N107, 849,405.63.

Olanipekun said the total distributed to the stakeholders therefore amounted to the sum of N1, 593,885,921.14 while Area Councils received N605, 652,887.64.

News Update

The Minister said these after a meeting of the FCT Security Committee which comprises heads of the police, military and para-military formations in FCT as well as Area Council Chairmen and religious leaders.

The cheery news is coming as Minister of State, FCT, Dr. Ramatu Tijjani Aliyu will headline a distinguished galaxy of stakeholders for the FCT pension stakeholders retreat this week.

Finally last week, Federal Capital Territory Administration (FCTA) took over managing and operating the newly- completed Nigeria-Korea Model School in Abuja.

President Muhammadu Buhari has said that his Administration will continue to fashion policies designed to ensure employment and security of all citizens, especially the youth.

Minister of Federal Capital Territory (FCT), Malam Muhammad Musa Bello has decried the lynching of three suspected traffic robbers popularly known as 'One chance' in Dutsen Alhaji area of Abuja last week.

Federal Capital Territory Administration (FCTA) always makes public the allocations in line with President Muhammadu Buhari's Change Agenda which harps on transparency, anti-corruption and accountability, tenets which FCT Minister, Malam Muhammad Musa Bello has made his beacon.


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