By Gbenga Omokhunu, Abuja

The Federal Capital Territory Administration (FCTA) has disbursed N2,660,740,632.40 billion to the six area councils in the FCT and other stakeholders as its share of statutory allocation for June 2021.

The figure shows that there was a minimal drop of revenue from N2, 724,546,444.33 billion disbursed in May to N2, 660, 740, 632.40 billion in June.

FCT Minister of State, Ramatu Aliyu, who presided over the 155th Joint Account Allocation Committee (JAAC) meeting, appealed to council chairmen and stakeholders to show understanding and make judicious use of the allocation.

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The Minister explained that the decline in the allocation was a result of a drop in the statutory revenue allocation from the federation account.

The figures released indicate that the sum of N773, 574, 574.28 was made available for distribution to the six area councils, while the sum of N1, 887, 166, 058.12 billion was made available to other stakeholders, bringing the total sum to N2, 660,740,632.40 billion.

However, distribution to area councils shows that the Abuja Municipal Area Council (AMAC), received N188, 477,690.83 million, while Gwagwalada got N177, 472,859.50 million and Kuje received N108, 501, 865.37 million.

Bwari Area Council received N84, 657,261.97 million, Abaji got N117, 435, 546.65 million and Kwali received N97, 029, 349.96 million bringing the total sum to N773, 574,574.28 billion disbursed to the six area councils.