Close Menu
    Trending
    • Son Heung-min’s next club after leaving Tottenham revealed
    • Chelsea complete Jorrel Hato signing from Ajax
    • VitalSwap Unlocks Global Revenue Channels For African Remote Workers
    • Waka Foundation spotlights achievements on Times Square
    • How to get a US visa appointment faster in 2025
    • Ekiti 2026: Don’t underrate ADC – Ex Envoy warns
    • Transcript: Dominic LeBlanc, Canada’s U.S. Trade Minister, on “Face the Nation with Margaret Brennan,” Aug. 3, 2025
    • Pakistan’s Sharif hosts Iran’s Pezeshkian, agrees to security, trade boost | International Trade News
    Nigeria Newz
    • Home
    • Nigeria News
    • Nigeria Politics
    • Africa News
    • World News
    • US News
    • Nigeria Lifestyle
    • More
      • Nigeria Business
      • Nigeria Economy
      • Entertainment
      • Nollywood Movies
      • Relationship
      • Soccer
      • Sports
      • Travel News
    Nigeria Newz
    Home»Nigeria News»Tax: Wike says ‘big men’ remain FCT’s biggest problem
    Nigeria News

    Tax: Wike says ‘big men’ remain FCT’s biggest problem

    NigeriaNewzBy NigeriaNewzJune 19, 2025No Comments4 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Tax: Wike says ‘big men’ remain FCT’s biggest problem

    Idowu Bankole

    The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, says massive males (wealthy individuals) residing in Abuja stay FCT’s largest drawback in voluntary tax compliance for growth.

    Wike acknowledged this throughout the inauguration of the newly constructed Collector Highway CN2 (Zakari A. Kyari Avenue), in Abuja on Thursday, by President Bola Tinubu to have fun his second 12 months in workplace.

    The highway, from Arterial Highway N11 (Ahmadu Bello Means) in Mabushi to Judges Quarters in Katampe District, and different roads have been constructed by the FCT Administration.

    The minister stated that the massive males dwelling within the FCT don’t like paying taxes.

    He, nonetheless, expressed dismay that the identical massive males pay their taxes and floor hire voluntarily in London, the US of America and different overseas nations.

    He stated that the CN2 highway and different connecting roads in Katampe District have been executed with taxes and floor rents paid by accountable residents.

    “For many who stated we sealed their homes for not paying a floor hire, see the worth; see the product of paying a floor hire.

    “In case you don’t pay, no one will present this infrastructure as a result of the one factor town has is simply to gather taxes.

    “Individuals say Abuja is wealthy. How wealthy is it?” he requested.

    He defined that what Abuja collects from the Federation Account was one per cent of what was as a result of Federal Authorities each month.

    “So, assuming that the federal authorities will get N800 billion each month. One p.c of N800 billion is N8 billion Naira and N8 billion shouldn’t be sufficient to pay salaries.

    “Our wage in the present day shouldn’t be lower than N13 billion due to the minimal wage enhance.

    “So, if we solely rely on one per cent of what the federal authorities will get each month, it signifies that we are able to solely pay salaries, to not speak about finishing up infrastructure.

    “That’s why we’re very aggressive in saying you can’t take pleasure in infrastructure freed from cost. It’s a must to pay.

    “It has nothing to do with ‘I belong to celebration A; I belong to celebration B, I belong to celebration C’,” he stated.

    He urged Tinubu, who was represented by the Deputy Speaker of the Home of Representatives, Mr Mr Benjamin Kalu, to speak to FCT residents on the necessity to pay their taxes.

    This, he stated, would allow the FCT Administration to ship extra infrastructure within the territory for the great of all.

    He reminded FCT residents, significantly massive males, that whoever has land within the territory and has not paid floor hire ought to pay or their names can be revealed as defaulters in newspapers.

    He significantly identified that no poor man has the monetary assets to construct a home in Katampe and Mabushi, including that these constructing homes within the areas have been wealthy males.

    “Mr Deputy Speaker, see what we’re speaking about. If you already know you could have land right here and you haven’t paid, I’ll publish your title that you haven’t paid.

    “It has nothing to do this I need to embarrass you, no. We want cash to do the work that we’re doing.

    “No poor man can do these homes. No poor man. These homes are being constructed by wealthy males. So, it’s important to pay so we are able to perform the job of delivering essential infrastructure.

    “We want individuals to pay their taxes so that we are going to perform growth within the curiosity of our individuals,” he added.

    Earlier, Mr Richard Dauda, performing Government Secretary, Federal Capital Growth Authority, stated that the undertaking was executed by CGC and was flagged off in October, 2024.

    Dauda stated that the CN2 highway was a twin carriageway of two lanes every whereas the opposite roads have been single carriageway.

    He added that highway tasks have been executed to offer infrastructure and open up the Katampe District for growth.

    The submit Tax: Wike says ‘big men’ remain FCT’s biggest problem appeared first on Vanguard News.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    NigeriaNewz
    • Website

    Related Posts

    How to get a US visa appointment faster in 2025

    August 3, 2025

    NSA donates additional support to Yola flood victims

    August 3, 2025

    Abandoned Hospital: Ekiti Monarch woos Oyebanji for intervention

    August 3, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Economy News

    WAFCON 2024: Michelle Alozie prays for South Africa’s Gabriela Salgado

    By NigeriaNewzJuly 22, 2025

    Tremendous Falcons defender, Michelle Alozie, has reacted to her facet’s 2024 Girls’s Africa Cup of…

    PKK’s jailed leader Ocalan says armed struggle against Turkiye over | Kurds News

    July 9, 2025

    Brentford reject second bid from Manchester United for Bryan Mbeumo worth £62.5m

    June 27, 2025

    You are making us wait, time running out – Galatasaray issue Osimhen ultimatum

    June 22, 2025

    Bye elections: Abure-led Labour Party decries omission

    August 2, 2025
    Categories
    • Africa News
    • Entertainment
    • Nigeria Business
    • Nigeria Economy
    • Nigeria Lifestyle
    • Nigeria News
    • Nigeria Politics
    • Nollywood Movies
    • Relationship
    • Soccer
    • Sports
    • Travel News
    • US News
    • World News
    About us

    Welcome to Nigerianewz.com — your trusted source for the latest and most comprehensive news about Nigeria, Africa, and the world.

    At Nigerianewz.com, we are passionate about keeping you informed with up-to-date, accurate, and insightful news coverage across a wide range of topics that matter to you. Whether you want to catch up on Nigeria Politics, get breaking Africa News, or stay updated on global happenings through our US News and World News sections, we’ve got you covered.

    Our mission is to connect you with authentic stories, powerful voices, and engaging content that reflects the dynamism of Nigeria and the broader African continent. Nigerianewz.com is designed to be your go-to platform for everything happening at home and around the globe.

    Thank you for choosing Nigerianewz.com — where news lives, breathes, and speaks to you.

    Recent Posts

    NYC Democratic mayoral primary live updates and 2025 election results as polls close – watch live

    June 25, 2025

    Experts Warn Of Potential Hazards As Residential Areas See Surge In Filling Stations

    June 16, 2025

    How to spot a gold digger from the first date

    August 2, 2025

    Trump claims ceasefire reached between Israel and Iran | Israel-Iran conflict News

    June 24, 2025

    Chinyere Wilfred shares insights into modern parenting, unstable marriages

    July 12, 2025
    Categories
    • Africa News
    • Entertainment
    • Nigeria Business
    • Nigeria Economy
    • Nigeria Lifestyle
    • Nigeria News
    • Nigeria Politics
    • Nollywood Movies
    • Relationship
    • Soccer
    • Sports
    • Travel News
    • US News
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Nigerianewz.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.