At the end of 176th Joint Account Allocation Committee (JAAC), meeting of the FCT, meeting presided over by FCT minister of state, Dr. Ramatu Aliyu, it was revealed in a statement signed by Austin Elemue, that the six area councils in the Federal Capital Territory (FCT) and other stakeholders have received the sum of N3,041,969,760.37 billion as a share of statutory allocation for February 2023.
Breakdown of the figures released during the JAAC meeting indicates that the sum of N723.451 million was made available for distribution to the six area councils, while the sum of N2.318 billion was made available to other stakeholders, bringing the total sum to N3.041 billion.
Abuja Municipal Area Council (AMAC), received N157.079 million;
Gwagwalada got N115,463,859.92million.
Kuje received N142.480 million.
Bwari Area Council received N102.295 million,
Abaji received N102.288.
Kwali received N103.844 million.
Distribution to other critical stakeholders includes: Primary School Teachers received N1.953 billion, 15 percent of Pension Funds took N226,478,989.57million,
One percent of Training Fund got N30.419 million, while 10 percent of Employer Pension Contribution received N107.849 million.
