FCT water board targets N400m to N450m monthly remittance in 2022

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3 years ago

The Acting General Manager of Federal Capital Territory Water Board, Dr Princess Joy Okoro, has come out to say the FCT Water Board, aims to collect and remits to the coffers of the Federal Capital Territory Administration (FCTA) an estimated amount of N400 to N450 million monthly.

Dr Okoro made this disclosed during the end of the year briefing with Journalists in Abuja.

The acting General Manager, in her speech, revealed that prior to her appointment last October, the FCT Water Board was generating as little as N100 but now collects and remits over N200 monthly revenue.

According to her, “We have a target of N400 million to N450 million monthly. I think we’ll get there and you rightly know that we already have an act that was approved and assented since 2017.

“The revenue performance of the Board had improved significantly with the months of March 2021, July 2021, September & October 2021 recording unprecedented, improved percentages of 41 per cent, 19.49 per cent, 66 per cent and 23 per cent respectfully.

“Notably, prior to my appointment, the best performance was March 2020 with a performance of N122,729,926.75 from 7395 transactions. The months of March, July, September and October 2021 have not just recorded higher figures but also higher transaction volumes, a direct consequence of my philosophy of encouraging Customers to pay water bills.

“It has not been easy to implement absolutely. By having that act, we are supposed to be autonomous and to be autonomous, we have to be both financially and otherwise.

“It has not been possible. Why? Because we have not been able to reach our target to be able to have everything within us but we are working towards that and I believe by next year, the autonomy will be achieved,” she stated.

The General Manager also stated further that the Board currently has 54,000 customers in its database, and practical steps are been taken to update the database which could be said to be obsolete as it was prepared 25 years ago.

She noted that “We have even gone further because we have a database that was created 25 years ago. You would appreciate the fact that some of the data (houses), are no more in existence or the house owners are no more there.

“We have taken cognizance of that. So we will start the enumeration from next year. We want to enumerate all our customers from next year to be able to get an accurate database.

“Presently, we have 54,000 customers on our database. Within that 54,000, some of those properties are no more in place. So we want to do enumeration which we have started,” Okoro promised.

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