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FCTA Disburses N3.62bn To Area Councils, Others

The Federal Capital Territory Administration (FCTA) has disbursed N3.62 billion to the six Area Councils, teachers, and pension schemes as a statutory allocation for May.

The Minister of State FC, Dr. Mariya Mahmoud, presided over Tuesday’s 190th FCT Joint Account Allocation Committee meeting in Abuja.

Mahmoud said that N1.14 billion was set aside for the six area councils, while N2.49 billion was earmarked for teachers and pension schemes.

She said that of the N1.14 billion set aside for the six area councils, Abuja Municipal Area Council received N346.53 million, Gwagwalada got N160.81 million, and Kuje received N191.38 million.

The minister said that Bwari Area Council received N152.8 million, Abaji N119.49 million, and Kwali got N167.52 million.

For the N2.49 billion earmarked for teachers and pension scheme, the minister said that N2.12 billion was allocated to primary school teachers, while N36.25 million was set aside as a one per cent Training Fund.

She also said that a total of N226.48 million was set aside as 15 per cent Pension Funds, while N107.85 million was earmarked as a 10 per cent employer pension contribution.

NAN

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