The six area councils of the Federal Capital Territory (FCT) and other stakeholders have shared a total sum of N3,965,107,151.48 billion as statutory allocation for the month of March, 2022.
The figure indicates an increase in revenue from N3,592,846,301.74 billion disbursed in the month of February, indicating about 10.36 per cent increase.
The FCT Minister of State, Dr Ramatu Tijjani Aliyu, who presided over the 164th Joint Account Allocation Committee (JAAC) meeting, commended all the stakeholders for their commitment towards the allocation committee.
She also used the occasion to assure that the administration would continue to scale up its revenue drive.
The figures released indicate that the sum of N1,667,382,074,49 billion was distribution to the six area councils, while the sum of N2,297,725,076.99 billion was given to other stakeholders, bringing the total sum to N3,965,107,151.48 billion.
Our correspondent reports that details of the distribution show that the Abuja Municipal Area Council (AMAC) received N299,230,797.09 million, while Gwagwalada got N269,109,403.93 million and Kuje received N307,397,373.83 million.
Bwari Area Council got N264,326,148.55 million, Abaji N268,210,871.18 million, while Kwali received N259,107,479.91 million,
