FCTA disburses N3b to area councils, stakeholders

FCTA disburses N3b to area councils, stakeholders

By Gbenga Omokhunu, Abuja The Federal Capital Territory Administration (FCTA) has disbursed N3,646,064,335,59 billion to the six area councils in the FCT and other stakeholders as its share of statutory allocation for the month of December, 2020.FCT Minister of State for the Federal Capital Territory Ramatu Aliyu, who presided over the 149th Joint Area Councils Allocation Committee (JAAC), described the December 2020 allocation as a great improv…

FAAC Distributes N1.97 Trillion to FG, States, and LGs in December - TV360 Nigeria

Statutory revenue falls by N105bn, VAT surges by N351bn as EMTL adds N38bn The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.969 trillion to the federal government, states, and local government councils for December 2025. According to a communiqué from FAAC, issued by Bawa Mokwa, director of press and public relations at the office of the Accountant-General of the Federation, the allocation comprises statutory revenu…