FCTA shares 2.12bn to Area Councils

FCTA shares 2.12bn to Area Councils

Chris Steven, Abuja

The Federal Capital Territory Administration, FCTA, has disbursed the sum of 2.12billionaire to the six Area Councils in the FCT and other stakeholders as its share of statutory allocation for the month of March 2017.

FCT Permanent Secretary, Dr.Babatope Ajakaiye made the disclosure 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 2.12bn disbursed; Primary School Teachers got #998,912,759.14;while the 15% Pension Funds received #95,040,159.75, 1% Training Fund got # 18,886,323.78 and 10% Employer Pension Contribution(15thinstalment of 23 months), gulped #73,917,439.85.

Similarly, Abaji Area Council got #123,966,348.63; AMAC received #158,055,434.72 and Bwari Area Council got #121, 395, 216.57.Also, Gwagwalada went home with #149,941,776.30; Kuje received #125,324,331.04 and Kwali got #127,192,588.45.

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

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