The Federal Capital Territory Administration (FCTA) on Wednesday shared the sum of N1.786 billion among its six Area Councils being funds received from the Federation Account Allocation Committee and the Subsidy Reinvestment and Empowerment Programme (SURE-P).
The six FCT Area Councils are also expected to share $1,597,048.73 from the Excess Crude Account.
The Minister of State for FCT and Chairperson of FCT Area Councils Joint Account Allocation Committee (JAAC), Olajumoke Akinjide, confirmed this in Abuja during the Committee’s meeting attended by the chairmen of the Area Councils – Abaji, Abuja Municipal, Bwari, Gwagwalada, Kuje and Kwali.
Ms Akinjide disclosed that the sum of N1.576 billion revenue allocation was received from FAAC for the month of July 2012 for the FCT Area Councils while N170.32 million was received from the Federal Ministry of Finance as the Area Councils’ share of the SURE-P programme for the period May, June and July 2012.
The six area councils also shared N39.904 million being 10 per cent of the FCTA’s Internally Generated Revenue (IGR) for August 2012, bringing the total revenue allocation to N1.616 billion.
Of the N1.616 billion revenue allocation, the FCTA disbursed N817.41 million to the FCT Universal Basic Education Board (UBEB) for primary school teachers in the six area councils; N95.04 million to FCT Area Councils Pension Board (ACPB) being 15 per cent pension fund as statutorily required, and N16.16 million to FCT Area Councils Service Commission being one per cent training fund, also statutorily required.
The balance of the revenue allocation of N687.50 million was disbursed to the Area Councils, with Abuja Municipal Area Council (AMAC) receiving the lion’s share of N135.02 million.
According to the minister, the sum of N125.75 million was distributed to Gwagwalada Area Council, N123.51 million to Bwari Area Council, N102.86 million to Abaji Area Council, N101.10 million to Kwali Area Council, and N99.23 million to Kuje Area Council.
On the excess crude sharing, she stated that the sum of $1 billion would be shared among the three tiers of government, out of which $1.597 million was for the FCT Area Councils.
“This amount will be paid by the Central bank of Nigeria (CBN) in naira at the prevailing exchange rate on the day of payment. The FCT Area Councils were allocated the sum of $1,597,048.73 and allocated as follows: Abaji ($195,949.51), Abuja Municipal ($471,781.54), Bwari ($261,296.03), Gwagwalada ($239,138.68), Kuje ($209,575.01), and Kwali ($219,307.96,” she explained.
On the SURE-P funds, Ms. Akinjide advised the area council chairmen that the money should be put in a dedicated account and utilized for wealth creation and critical infrastructure development in their area councils.
Of the N170.321 received for the months of May, June and July 2012, AMAC got N50.314 million, Bwari (N27.866 million), Gwagwalada (N25.503 million), Kwali (N23.388 million), Kuje (N22.350 million) and Abaji (N20.89 million).
She explained that the recent signing of performance contract agreement by ministers demonstrated the openness and accountability of the present administration to deliver on its promises to the citizenry.
The minister revealed that permanent secretaries and directors in the Federal Civil Service are to sign performance contract agreement with their respective ministers in line with what the ministers signed with President Goodluck Jonathan.
She, however, enjoined the Chairmen of the Area Councils to adopt the performance contract agreement model in order to deliver democratic dividends to the residents of their respective Councils.
The Kuje Area Council Chairman, Danladi Etsu Zhin, commended the minister for ensuring transparency and accountability in the monthly revenue allocations to the six area councils.
Mr. Zhin stated, “Our JAAC meetings have always been open and transparent. The FCT Area Councils are not facing interference or marginalization as our fellow local governments in other states are witnessing. The FCTA has not withheld or deducted any of our funds.”