The Federal Capital Territory Administration (FCTA) on Monday confirmed the disbursment of the sum of N2.12 billion to the six Area Councils and other stakeholders as its share of statutory allocation for the month of March 2017.
Babatope Ajakaiye, FCT Permanent Secretary, disclosed this during the Joint Area Councils Allocation Committee (JAAC) meeting held on Thursday in his office at Garki.
The breakdown of the allocation shows that out of the N2.12 billion disbursed; N998,912,759.14 is for Primary School Teachers; N95,040,159.75 is for 15 percent Pension Funds; N18,886,323.78 is for one percent Training Fund while N73,917,439.85 is for 10 percent Employer Pension Contribution (15th instalment for the 23 months).
Similarly, 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.
Ajakaiye charged the council chairmen to prioritize workers’ salaries during the utilisation of the funds.
KEHINDE AKINTOLA, Abuja
