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Kapital FM 92.9 The Station that Rocks!
By Remi Johnson
The six Area Councils have been urged to work in synergy with the Department of Outdoors Advertisement and Signage, DOAS, towards improving revenue generation in the territory.
FCT Minister of State, Dr. Mariya Mahmoud gave the charge during the Joint Account Allocation Committee, JAAC, meeting in Abuja.
At the JAAC meeting,the sum of N4,966,217,872.99billion was shared for the six area councils and other stakeholders as their statutory allocation for the month of October, 2023.
The minister who emphasized the need for synergy among revenue generating departments, said with collaboration, the Administration stands to gain more in its internally generated revenue.
The 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 N4,966,217,872.99 billion.
Abuja Municipal Area Council (AMAC), received N517,549709.29million, Gwagwalada got N407,277,974.82million, Kuje received N445,799,336.65 million, Bwari Area Council got N390,047,987.63million, Abaji got N363,856,716.08million while Kwali received N406,753,949.57million, bringing the total sum to N2,531,285,674.04billion disbursed to the six area councils.
On the other hand, distribution to other critical stakeholders include: Primary School Teachers which gulped N2,050,941,625.03billion, 15 percent Pension Funds took N226,478,989.57million, One percent Training Fund gulped N49,662,178.73million, while 10 percent Employer Pension Contribution gulped N107,849,405.63million, bringing the total sum to N2,434,932,198.95billion.
Those present at the 182nd Joint Account Allocation Committee (JAAC) meeting include the FCTA Permanent Secretary, Mr. Olusade Adesola, Mandate Secretary Area Council Services, Bitrus Garki, the Director of Finance and Administration in Area Council Secretariat, Mrs. Omolola Olanipekun and the Council chairmen.
Edited By Grace Namiji
Written by: Kevin Nwabueze
DOAS - Mahmoud Work In Synergy With
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