The sum of N3,041,969,760.37 billion has been allocated to the six Area Councils in the Federal Capital Territory as their share of the statutory allocation for the month of February 2023.

The 176th Joint Account Allocation Committee (JAAC) meeting was presided over by Dr. Ramatu Tijjani Aliyu, the FCT Minister of State. He thanked attendees for their attendance and contributions to the improvement of the area councils administration.

She also took the opportunity to urge the council chairmen to manage council funds responsibly.

According to a breakdown of the numbers provided at the JAAC meeting, N723,451,651,38 million was made available for distribution to the six area councils, whereas N2,318,518,108.99 billion was made available to other stakeholders, bringing the total sum to N3,041,969,760.37billion.

Similarly, distributions to the six area councils shows that the Abuja Municipal Area Council (AMAC), received N157,079,223.74million, while Gwagwalada got N115,463,859.92million and Kuje received N142,480,237.79million.

Other area councils include, Bwari Area Council which received N102,295,291.64million, Abaji got N102,288,808.21million while Kwali received N103,844,230.08million, bringing the total sum to N723,451,651.38million disbursed to the six area councils.

On the other hand, distribution to other critical stakeholders include: Primary School Teachers which gulped N1,953,770,016.19billion, 15 percent Pension Funds took N226,478,989.57million, One percent Training Fund gulped N30,419,697.60million, while 10 percent Employer Pension Contribution gulped N107,849,405.63million, bringing the total sum to N2,328,518,108.99billion.

Those present at the 176th Joint Account Allocation Committee (JAAC) meeting include the FCTA Permanent Secretary, Mr. Olusade Adesola, Director of Human Resource Management, Alh. Mohammed Bashir, Secretary Area Council Services, Hon. Ibrahim Abubakar Dantsoho, and FCT representative in Revenue Mobilization, Allocation and Fiscal Commission, Mallam Abubakar Hussain.

"Exciting news! TheNigeriaLawyer is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest legal insights!" Click here! ....................................................................................................................... [ays_poll id=3] Unauthorized use and/or duplication of this material and other digital content on this website, in whole or in part, without express and written permission from TheNigeriaLawyer, is strictly prohibited _________________________________________________________________

School Of Alternative Dispute Resolution Launches Affiliate Program To Expand Reach

For more information about the Certificate in ADR Skills Training and the affiliate marketing program, visit www.schoolofadr.com, email info@schoolofadr.com, or call +2348053834850 or +2348034343955. _________________________________________________________________

NIALS' Compendia Series: Your One-Stop Solution For Navigating Nigerian Laws (2004-2023)

Email: info@nials.edu.ng, tugomak@yahoo.co.uk, Contact: For Inquiry and information, kindly contact, NIALS Director of Marketing: +2348074128732, +2348100363602.