• About
  • Contact Us
Tuesday, March 21, 2023
The Gist Day
No Result
View All Result
  • Login
  • News
    • All
    • National
    Meet Aisha Yesufu, The Activist At The Forefront Of The #ENDSARS Movement

    Aisha Yesufu drags Bashir El-Rufai after he called her a “demented goat”

    EFCC Seeks To Set Aside Committal Order Against Chairman

    EFCC arrests 65 suspects over alleged voter inducement

    We are ready to meet Obi, Labour Party in court, says APC

    Lagos APC urges LP’s Rhodes-Vivour to embrace peace, sportsmanship

    2023 polls: most credible, transparent – Lai Mohammed

    2023 polls: most credible, transparent – Lai Mohammed

    Pandemonium as thugs scatter ballot boxes in Lagos

    Pandemonium as thugs scatter ballot boxes in Lagos

    Nigeria Army Holds Range Classification Exercise In Imo

    Video of Ado Doguwa firing AK-47 was in Falgore forest – DHQ

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Business
  • National
  • Politics
  • Opinion
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel
  • News
    • All
    • National
    Meet Aisha Yesufu, The Activist At The Forefront Of The #ENDSARS Movement

    Aisha Yesufu drags Bashir El-Rufai after he called her a “demented goat”

    EFCC Seeks To Set Aside Committal Order Against Chairman

    EFCC arrests 65 suspects over alleged voter inducement

    We are ready to meet Obi, Labour Party in court, says APC

    Lagos APC urges LP’s Rhodes-Vivour to embrace peace, sportsmanship

    2023 polls: most credible, transparent – Lai Mohammed

    2023 polls: most credible, transparent – Lai Mohammed

    Pandemonium as thugs scatter ballot boxes in Lagos

    Pandemonium as thugs scatter ballot boxes in Lagos

    Nigeria Army Holds Range Classification Exercise In Imo

    Video of Ado Doguwa firing AK-47 was in Falgore forest – DHQ

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Business
  • National
  • Politics
  • Opinion
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel
No Result
View All Result
Morning News
No Result
View All Result
Home Business

FCT area councils, others share over N3bn allocation

Christian Pulisic by Christian Pulisic
March 3, 2023
in Business
0
FCT area councils, others share over N3bn allocation
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The six Federal Capital Territory Area Councils and other stakeholders have received over N3 billion as their share of statutory allocation for the month of January.
The figure, N3,015,446,815.55 billion represents a 20.3 per cent decrease when compared to the N3,786,194,845.78 billion shared in the month of December 2022.
Dr Ramatu Aliyu, the FCT Minister of State, who was represented by the FCTA Permanent Secretary, Mr Olusade Adesola, made the disclosure on Thursday in Abuja.
She, who spoke while presiding over the 175th Joint Account Allocation Committee (JAAC), meeting, expressed satisfaction over the judicious use of the funds by the area council chairmen.
Aliyu, however, stated that a breakdown of the figures released during the JAAC meeting indicates that N723,868,728.40 million was made available for distribution to the six area councils.
” While the sum of N2,291,578,087.15 billion was made available to other stakeholders, bringing the total sum to N3,015,446,815.55billion.

Read Also: PDP loses 2 Senate, 6 Rep seats in C/River

READ ALSO

GTCO Food & Drink Festival 2023… A Celebration of Food!

Investors worth on NGX drops by N16bn

” Similarly, distributions to the six area councils show that the Abuja Municipal Area Council (AMAC) received N163,631,841.79 million, while Gwagwalada got N109,288,213.43 million and Kuje received N245,474,216.86 million.
” Other area councils include, Bwari Area Council which received N97,895,762.75 million, Abaji got N110,623,487.51million while Kwali received N96,955,206.07 million, bringing the total to N723,868,728.40 million disbursed to six area councils,” she said.
The minister also explained that the distribution to other critical stakeholders include: Primary School Teachers which gulped N1,927,095,222.79 billion, 15 per cent Pension Funds took N226,478,989.57million, One per cent Training Fund gulped N30,154,469.16million.
” While 10 per cent Employer Pension Contribution gulped N107,849,405.63million, bringing the total sum to N2,291,578,087.15billion.”
Aliyu, who expressed displeasure over poor sanitation in most of the area councils, directed the Coordinator of Satellite Towns Development Department, to liaise with the council chairmen towards finding solution to this.
The minister acknowledged that the refuse dumps in the satellite towns were quite challenging for the department to cope with.
” There is urgent need for the council chairmen to take part in the cleaning responsibility in the satellite towns,” she said.
Those present at the 175th JAAC meeting include Director Human Resource Management, Mohammed Bashir, Mandate Secretary Area Council Services, Ibrahim Dantsoho and FCT representative in Revenue Mobilization, Allocation and Fiscal Commission, Malam Abubakar Hussain.
Others include the Chairman of Abaji Area Council, Abubakar Abdullahi, Chairman of Kuje Area Council, Abdullahi Sabo and the Chairman of Bwari Area Council, John Gabaya.

Tags: FCTFederal Allocation

Related Posts

GTCO Food & Drink Festival 2023… A Celebration of Food!
Business

GTCO Food & Drink Festival 2023… A Celebration of Food!

March 21, 2023
NGX
Business

Investors worth on NGX drops by N16bn

March 21, 2023
Dollar To Naira Black Market Exchange Rate Today 23rd December 2022
Business

Dollar To Naira Black Market Exchange Rate Today 21st March 2023

March 21, 2023
Dollar To Naira Black Market Exchange Rate Today 23rd December 2022
Business

Dollar To Naira Black Market Exchange Rate Today 20th March 2023

March 20, 2023
transcorp
Business

Transcorp Power MD Seeks Cheaper Alternative to Huge Costs of Servicing Power Turbines Abroad

March 20, 2023
unilever
Business

Unilever Nigeria repositions for sustained profitability

March 18, 2023

glo
app




app
GTBank ADs GTBank ADs GTBank ADs

LATEST NEWS

Dollar To Naira Black Market Exchange Rate Today 23rd December 2022

Dollar To Naira Black Market Exchange Rate Today 21st March 2023

March 21, 2023
I Will D!e Soon, My Time Is Near — Prophet Odumeje

I Will D!e Soon, My Time Is Near — Prophet Odumeje

March 21, 2023
Korra Obidi speaks for the first time following divorce announcement (video)

Trouble looms for Korra Obidi as she mistakenly captures her daughter on IG live despite court ban (Video)

March 21, 2023
BBNaija’s Liquorose breaks the internet with beautiful photos days before her birthday

BBNaija’s Liquorose breaks the internet with beautiful photos days before her birthday

March 21, 2023
The Seven Seals IV - By Pastor E.A Adeboye

The Seven Seals IV – By Pastor E.A Adeboye

May 22, 2022

EDITOR'S PICK

UNN

Show Of Shame As UNN Awards N1000, N1500 To Best Graduating Students

June 14, 2021
9mobile

Subscribers can enjoy more value for voice and data with 9mobile’s reloaded Moreflex-plus

September 18, 2020
Aisha Buhari Abuja train

First Lady, Aisha Buhari, Ride Trains From Kaduna To Abuja

February 12, 2022
Twenty Five Years After, Saro-Wiwa's Son Dies

Twenty Five Years After, Saro-Wiwa’s Son Dies

April 16, 2020

About

We bring you the stories that perfect for news, finance, politics etc. Check our landing page for details.

Follow us

Categories

  • A Call to Prayer
  • Agriculture
  • Appointments
  • Business
  • Celebrities
  • Coronavirus
  • Corporate Amazon
  • Economy
  • Education
  • Entertainment
  • Environment
  • Fashion
  • Financial Literacy
  • From the Kaaba
  • From the Pulpit
  • Gist & Jabs
  • Health
  • Jobmart
  • Lifestyle
  • Living
  • Metro Gist
  • National
  • News
  • Op-Ed
  • Opinion
  • Politics
  • Press Release
  • Religion
  • Sport
  • State News
  • Tech
  • Tourism
  • Travel
  • Uncategorized
  • World News

Recent Posts

  • I Will D!e Soon, My Time Is Near — Prophet Odumeje
  • GTCO Food & Drink Festival 2023… A Celebration of Food!
  • “Election Budget Should Have Been Used To Fix Hospitals, Schools” – Singer Simi
  • BBNaija’s Liquorose breaks the internet with beautiful photos days before her birthday
  • Disclaimer
  • Google Adsense
  • Home 2
  • Ikoyi building collapse: Corper who redeployed from Borno to Lagos, confirmed dead
  • Leaked Conversation: There Will Know Peace Until Hope Uzodimma Leaves Government House – Emeka Ihedioha
  • MAN Condemns Invasion Of Dangote Cement Plant By Kogi State Govt
  • Privacy Policy
  • Sample Page
  • TheGistDay
  • Whitemoney And New Lady Spotted Stepping Out Of Hotel Together (Video)

© 2022 TheGistDay.

No Result
View All Result
  • News
  • Business
  • National
  • Politics
  • Opinion
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel

© 2022 TheGistDay.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In