FCTA disburses N3.62bn to area councils, others

The Federal Capital Territory Administration recently distributed a total of N3.62 billion to the six Area Councils, teachers, and pension schemes as their statutory allocation for the month of May.

Dr. Mariya Mahmoud, the Minister of State for FCT, chaired the 190th FCT Joint Account Allocation Committee meeting held in Abuja on Tuesday.

Out of this amount, N1.14 billion was allocated to the area councils, while N2.49 billion was specifically designated for teachers and pension schemes.

Notably, Bwari Area Council received N152.8 million, Abaji N119.49 million, and Kwali N167.52 million from this allocation.

The minister said that out of the allocated N2.49 billion for teachers and pension programs, N2.12 billion was specifically designated for primary school teachers.

Additionally, N36.25 million was reserved as a one-percent Training Fund. Furthermore, N226.48 million was allocated as 15 percent Pension Funds and N107.85 million was set aside as a 10 percent employer pension contribution.