JAAC shares N3bn allocation to FCT Area Councils
Finance News

JAAC shares N3bn allocation to FCT Area Councils

The six Area Councils in the Federal Capital Territory, Abuja, and other stakeholders, have received N3,041,969,760 as a share of statutory allocation for February 2023.Information Guide Nigeria

This was disclosed by the FCT Minister of State, Dr. Ramatu Aliyu while presiding over the 176th Joint Account Allocation Committee, JAAC, meeting held on Tuesday in Abuja.

DAILY NIGERIAN reports that the minister praised members of JAAC for their contributions towards the uplifting of the administration of the area councils in the FCT.JAMB Result

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Dr. Ramatu Aliyu said that a breakdown of the figures released during the JAAC meeting indicated that N723,451,651 was made available for distribution to the six area councils.

According to her, the sum of N2,318,518,108 was made available to other stakeholders, bringing the total sum to N3,041,969,760.JAMB Portal

As reported by DAILY NIGERIAN, she said that the distribution of funds to the six area councils shows that the Abuja Municipal Area Council, AMAC, received N157,079,223, while  Kuje received N142,480,237, and Gwagwalada got N115,463,859.NYSC Portal

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Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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