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FCTA disburses N4.82bn to area councils, teachers, pension scheme  

Credible News by Credible News
February 8, 2024
in Development, Education, Human Interest, Legal, News
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The Federal Capital Territory Administration, FCTA, has disbursed N4.82 billion to the six area councils of the Federal Capital Territory, FCT, teachers and pension scheme as statutory allocation for December 2023.

The Minister of State for FCT, Dr Mariya Mahmoud, disclosed this on Wednesday while presiding over the 185th Joint Account Allocation Committee meeting in Abuja.

The minister disclosed that the amount represents a slight increase when compared to N4.73 billion shared in November of the same year.

“A breakdown for the amount shows that N2.36 billion was disbursed to the six area councils, while N2.45 billion was disbursed to other stakeholders.

“Of the N2.36 billion distributed to the area councils, Abuja Municipal Area Council got N549.98 million, Gwagwalada got N371.09 million while Kuje received N402.34 million.

“Also, Bwari Area Council received N364.67 million, Abaji N313.34 million, while Kwali got N362.73 million.

 

READ ALSO: 

FCT: Stay at home, don’t come to city – Wike cautions council chairmen

“For teachers and pension scheme, primary school teachers got N2.07 billion, N226.48 earmarked as 15 percent pension funds, N107.85 million as 10 percent employer pension contribution, while N48.16 million was earmarked as 1 percent training fund”, she explained.

The minister further commended the synergy between the Satellite Towns Development Department and the area councils, particularly in waste collections and management.

 

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Tags: Dr Mariya MahmoudFCTFCTA
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