FCTA disburses ₦1.97bn to 6 area councils, ₦2.46bn to school teachers

FCTA disburses ₦1.97bn to 6 area councils, ₦2.46bn to primary school teachers

News Agency Of Nigeria

March 12, 2024 3:50 PM

The breakdown of the figures shows that ₦1.97 bn was disbursed to the 6 area councils, while ₦2.46 bn was earmarked for pension scheme and primary school teachers.

Nyesom Wike, the Minister of the Federal Capital Territory (FCT)

The Federal Capital Territory Administration (FCTA) disbursed ₦4.43 billion to the six area councils of FCT, pension scheme and primary school teachers, as statutory allocation for January 2024.

FCT Minister of State, Mariya Mahmoud, disclosed this while presiding over the 186th Joint Account Allocation Committee meeting in Abuja on Tuesday. Mahmoud pointed out that the amount represents a slight decline compared to ₦4.8 billion shared in the month of December 2023.

The breakdown of the figures shows that ₦1.97 billion was disbursed to the six area councils, while ₦2.46 billion was earmarked for pension scheme and primary school teachers.

On the disbursement of the ₦1.97 billion to the area councils, the Abuja Municipal Area Council received ₦475.42 million, Gwagwalada got ₦310 million, while Kuje received ₦327.51 million.

Bwari Area Council received ₦302.89 million, Abaji got ₦254.14 million, while Kwali received ₦304.95 million. A further breakdown shows that ₦2.46 billion was disbursed to teachers and pension scheme, primary school teachers received ₦2.1 billion, while ₦44.39 million was set aside as 1% training fund.

Also, ₦226.48 million was earmarked as 15% Pension Fund, while ₦107.85 was earmarked as 10% employer pension contribution. The minister appreciated members of the committee for their steadfastness over the years.

News Agency Of Nigeria