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FCTA Loses N18bn Advertisement, Signage Revenue

FCTA, Abuja
By Laide Akinboade 

The Federal Capital Territory Administration, FCTA, on Thursday said it lost N18 billion naira in six years to clients and business owners involved in outdoor advertisement and signage activities.

The Director, Department of Outdoor Advertisement and Signage, DOAS, Babagana Adam, revealed this in an interview with newsmen immediately after a meeting with the Abuja Municipal Area Council (AMAC) Chairman on how to synergise to stop the leakages by centralising and controlling signage activities in Abuja.

According to him, “We have lost about 3 billion naira each year and when you multiply it times six years, it is18 billion naira that has been lost.


“Imagine how many schools, roads, poutry farms, live stock farms and ICT centres, that would have been built with this money. So we have lost quite alot of money.

“With this new development, I don’t want to look at what we are losing, I will rather love that we strategise and synergise to put a stop to the money leakages.”

Earlier, AMAC Chairman, Hon. Abdullahi Adamu Candido said the collaboration is overdue by the two organs of the government, FCTA and AMAC, in order to use the available resources to provide services to the people.

Candido said: “In the last three years , it has not been too good, because we all lost out, the reason why we must collaborate and have a new begining to cement the relationship.

We must harmonise to stop double payment by the clients.”

He also noted that the constitution guarantees local governments to operate, and “if you don’t have the capacity, you contract it out so that services can be provided .

“But where Area Councils are undermined are areas that we are frowning at, that we are working together now , I believe it will be understood.”

The AMAC boss therefore reiterated the resolve of the council to support the DOAS to achieve its objective.

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