How FCTA outdoor advert agency lost N18bn in 6yrs- Director
Following rift between the authorities of the Federal Capital Territory Administration and Area Councils, the Department of Outdoor Advertisement and Signage, DOAS, lost over N18 billion in six years.
The director, DOAS, Dr. Babagana Adam, made this known in an interview with journalists immediately after a meeting with the chairman, Abuja Municipal Area Council, AMAC, Abdullahi Candido, on how to synergize to stop the leakages by centralizing and controlling signage activities in Abuja.
"We have lost about N3 billion each year and when you multiply it by six years, it amounts to N18 billion that we have lost.
"Imagine how many schools, roads, poultry and livestock farms and ICT centres that would have been built with this money. So we have lost quite a lot of money.
"With this new development now, I don't want to look at what we are losing, I will rather love that we strategize and synergize to put a stop to any leakages," Adam said.
Earlier, the AMAC chairman, Hon. Abdullahi Candido, said the collaboration is overdue by the two organs of government, 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. There is need for us to collaborate and have a new beginning to cement the relationship. We must also harmonize to stop double payment by clients."
He also noted that the constitution guarantees local government to generate revenue, but noted that "if you don't have the capacity, you contract it out and collect your share so that services can be provided.
"But where area councils are being undermined, then we have to frown at it. But thank God things are going to work now, and I believe we will understood ourselves better," he noted.
The AMAC boss reiterated the resolve of the council to support DOAS to achieve its objective.