Categories: NewsPolitics

FCT Minister Nyesom Wike Advocates for Tax Payments to Fund Social Services

  • During the inaugural Abuja Business and Investment Summit organized by the Abuja Investment Company Limited, FCT Minister Nyesom Wike emphasized the necessity of tax payments, stating that the government requires funds to deliver essential social services.

Wike, a former governor of Rivers State, addressed the summit’s theme, “Optimising Investment Through Partnerships,” which aligns with the federal government’s strategy to leverage collaboration for investment opportunities. He dismissed the idea that the government does not need money, citing past partnerships with the private sector that failed to yield returns.

He remarked, “If the government is not to mDuring the inaugural Abuja Business and Investment Summit organized by the Abuja Investment Company Limited, FCT Minister Nyesom Wike emphasized the necessity of tax payments, stating that the government requires funds to deliver essential social services.

Wike, a former governor of Rivers State, addressed the summit’s theme, “Optimising Investment Through Partnerships,” which aligns with the federal government’s strategy to leverage collaboration for investment opportunities. He dismissed the idea that the government does not need money, citing past partnerships with the private sector that failed to yield returns.

He remarked, “If the government is not to make money, how do we fund services?” Wike highlighted the importance of tax contributions and called for a cooperative relationship between investors and the government, ensuring that both parties benefit. “That way, everybody will go home smiling,” he concluded. and called for a cooperative relationship between investors and the government, ensuring that both parties benefit. “That way, everybody will go home smiling,” he concluded.

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