Connect with us

Breaking

REVENUE ALLOCATION: FCT Area Councils, Stakeholders Share N2,724,546,444.33 Billion in May.

Published

4 years ago

on

Share

The Nigeria Federal Capital Territory Administration FCTA has disbursed a total sum of N2,724,546,444.33 billion to the six Area Councils in the FCT and other stakeholders as its share of statutory allocation for the month of May 2021,

Minister of State FCT, Dr. Ramatu Tijjani Aliyu, who presided over the 154th Joint Account Allocation Committee (JAAC), meeting stated that there was a significant decline of funds allocated to the six area councils and other stakeholders when compared to the month of April.

In a statement by her Special Assistant on Media Austin Elemue, Dr. Aliyu revealed that in the month of April, the total sum of N4,035,289,643.20 billion was disbursed to the six area councils and other stakeholders, representing over 32.4 percent drop for the month of May 2021.
while explaining that the decline in the allocation was as a result of drop in the statutory revenue allocation from the federation account, the Minister said the figures released indicate that the sum of N864,650,673.55 million was made available for distribution to the six area councils, while the sum of N1,859,895,770.78 billion was made available to other stakeholders, bringing the total sum to N2,724,546,444.33 billion.

According to her, distribution to area councils show that the Abuja Municipal Area Council (AMAC), received N202,639,822.02 million, while Gwagwalada got N192,741,834.09 million and Kuje received N124,540,530.97 million.

Similarly, Bwari Area Council received N94,908,257.47 million, Abaji got N137,990,711.51 million and Kwali received N111,829,517.49 million bringing the total sum to N864,650,673.55 billion disbursed to the six area councils.

Furthermore, distribution to other stakeholders include: Primary Teachers which gulped N1,498, 321, 911.12 billion, 15 percent Pension Funds took N226,478,989.57 million, One percent Training Fund gulped N27, 245, 464.46 million, while 10 percent Employer Pension Contribution gulped N107,849, 405.63 million, bringing the total sum to N1,859,895,770.78 billion.

Aliyu, who used the occasion to affirm that there was no going back in the implementation of minimum wage to area councils staff, however, enjoined the councils boss o make sacrifice towards the health insurance policy of councils staff.

She, however, called for synergy of all revenue generation agencies with a view to scaling up the revenue base of the administration.

The minister commended all the stakeholders for showing understanding in the distribution of monthly allocation to area councils and other stakeholders.

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Breaking

NASS Passes ₦54.99trn 2025 Budget

Published

4 weeks ago

on

February 13, 2025

By

National Assembly Complex Abuja.
National Assembly Complex Abuja.
Share

The National Assembly on Thursday passed the ₦54.99trn 2025 Appropriation Bill.

The bill was passed separately by the Senate and the House of Representatives.

A breakdown of the budget showed N3.645trn for statutory transfers, N14.317trn for debt servicing, N13.64trn for recurrent expenditure and N23.963trn capital expenditure (development fund), with fiscal deficit put at N13.08trn.

The Deficit-to-Gross domestic product (GDP) Ratio was put at 1.52%.

Last Week, President Bola Tinubu increased the 2025 fiscal year budget from an initial N49.7trn to N54.2trn, seeking approval from the Senate and the House of Representatives.

The Chairman of the House Committee on Appropriations, Abubakar Bichi, while presenting the bill for consideration, stated that the committee met with the Presidential Economic Planning team to further discuss revenue projections and expenditure for the 2025 Appropriation Bill.

According to him, the 2025 Appropriation Bill was presented late, compared to that of 2024.

He urged the executive to present subsequent budgets to the National Assembly not later than three months before the next financial year, to maintain the January to December budget cycle.

Continue Reading

Breaking

Court Sacks APC Governorship Candidate In Bayelsa

Published

1 year ago

on

October 10, 2023

By

Timipre Sylva
Timipre Sylva
Share

The Federal High Court, Abuja, has disqualified the All Progressives Congress (APC) Governorship candidate, Chief Timipre Sylva, from contesting the November 11 Guber election in Bayelsa state.

The suit number FHC/ABJ/CS/821/2023 was filed on June 13, 2023, by Deme Kolomo, a member of the APC.

Justice Donatus Okorowo ruled that Sylva, having been sworn in twice and ruled for five years as governor of the state, would breach the 1999 constitution as amended if allowed to contest again.

The judge also declared that Sylva was not qualified to run in the November poll because if he wins and is sworn in, he would spend more than eight years in office as governor

Citing the case of Marwa vs Nyako at the Supreme Court, Okorowo noted that the drafters of the country’s constitution stated that nobody should be voted for as governor more than two times and that the parties to the suit agreed that Sylva was voted into office two times.

He further stated that the Supreme Court ruled in the case of Marwa vs Nyako that nobody can expand the constitution or its scope, stressing that if Sylva was allowed to contest the next election, a person could compete as many times as he wanted.

Continue Reading

Breaking

Senate stops El-Rufai, 2 Others Confirms Wike, Keyamo, Oyetola, Others As Ministers 

Published

2 years ago

on

August 7, 2023

By

Cross Section of Ministerial Designates
Share

The Senate has put the confirmation of former Governor of Kaduna State, Nasir El-Rufai on hold and confirmed 45 ministerial nominees presented to it for screening and confirmation by President Bola Tinubu.

Two others affected are Stella Okotete (Delta State), and Abubakar Danladi (Taraba State). The Senate said the trio were still undergoing security clearance.

The Senate had spent a week in screening all the ministerial nominees presented to it by the president.

Those confirmed are:

Abubakar Kyari (Borno)

Abubakar Momoh (Edo)

Nyesom Wike – Rivers

Engr Joseph Utserv (Benue)

Senator John Owan Enoh (Cross River)

Hon Bello Mohammad (Sokoto)

Mohammed Badaru Abubakar (Jigawa)

Amb. Yusuf Maitama Tuggar (Bauchi)

Uju Kennedy Ohaneye (Anambra)

Hon. Olubunmi Tunji-Ojo (Ondo)

Nkieruka Onyejeocha (Abia)

Dr Betta Edu (Cross River State)

imaan Sulieman Ibrahim (Nasarawa)

David Umahi (Ebonyi)

Adebayo Olawale Edun (Ogun)

Arch. Ahmed Musa Dangiwa (Katsina)

Chief Uche Geoffrey Nnaji (Enugu)

Mr Dele Alake (Ekiti)

Waheed Adebayo Adelabu (Oyo)

Mohammed Idris (Niger)

Prof Ali Pate (Bauchi)

Dr Doris Anite Uzoka (Imo)

Lateef Fabemi SAN (Kwara)

Rt Hon Ekperikpe Ekpo (Akwa Ibom)

Hannatu Musawa (Katsina)

Ibrahim Geidam (Yobe)

Aliyu Sabi Abdullahi (Niger)

Hieneken Lokpobiri (Bayelsa)

Alkali Ahmed Saidu (Gombe)

Dr Tanko Sununu (Kebbi)

Atiku Bagudu (Kebbi)

Bello Matawalle (Zamfara)

Adegboyega Oyetola (Osun)

Simon Bako Lalong (Plateau)

Abdullahi Tijani Muhammad Gwarzo (Kano)

Bosun Tijani (Ogun)

Dr Mariya Mahmoud Bunkure (Kano)

Dr Iziaq Salako (Ogun)

Dr Tunji Alausa (Lagos)

Lola Ade-John (Lagos)

Prof Tahir Mamman SAN (Adamawa)

Zephaniah Jisalo (FCT)

Uba Maigari Ahmadu (Taraba)

Prince Shuaibu Abubakar Audu (Kogi)

Festus Keyamo SAN (Delta)

Continue Reading