FCTA distributes 4.9bn allocation to area councils, stakeholders

The Federal Capital Territory Administration (FCTA) area councils and other stakeholders have received the sum of N4,966,217,872.99 billion as share of statutory allocation for the month of October, 2023.

FCT Minister of State, Dr. Mariya Mahmoud, who presided over the 182nd Joint Account Allocation Committee (JAAC) meeting, commended members for their attendance and their invaluable contributions over the years.

She also appealed to the Department of Outdoors Advertisement and Signage (DOAS) to work in synergy with the six area council authorities with a view to improving revenue generation in the territory.

The minister who cautioned against friction among the revenue generating departments observed that with collaboration, the administration stands to gain more in its internal revenue generation.

Meanwhile, a breakdown of the figures released during the JAAC meeting indicates that the sum of N2, 434,932,198.95billion was made available for distribution to the six area councils, while the sum of N2, 531,285,674.04billion was made available to other stakeholders, bringing the total sum to N4, 966,217,872.99billion.

Similarly, distributions to the six area councils shows that the Abuja Municipal Area Council (AMAC), received N517, 549709.29million, while Gwagwalada got N407,277,974.82million and Kuje received N445,799,336.65million.

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