{"id":137418,"date":"2024-11-07T22:24:09","date_gmt":"2024-11-07T21:24:09","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/wike-reveals-source-of-funds-for-fct-projects"},"modified":"2024-11-07T23:29:49","modified_gmt":"2024-11-07T22:29:49","slug":"wike-reveals-source-of-funds-for-fct-projects","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/wike-reveals-source-of-funds-for-fct-projects","title":{"rendered":"Wike reveals source of funds for FCT projects"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Minister of the Federal Capital Territory, FCT, Nyesom Wike, has said that there are no other means of generation of funds for projects in the nation\u2019s capital apart from the Internally Generated Revenues, IGR.<\/p>\n<p>Wike said this is the only way the FCT Administration has been able to fund the numerous projects in both the city center and area councils.<\/p>\n<p>The minister said the FCT Administration relies mainly on IGR and also applies prudence in the utilisation of available resources, stressing the need for residents to pay their taxes.<\/p>\n<p>The minister spoke during a routine inspection of ongoing projects in FCT, and the inspection of the full scope development of the 11km FCT Highway 105, otherwise known as Kuje Highway, from the Airport Expressway to Kuje Junction with Spur at Kyami.<\/p>\n<p>The minister also inspected the emergency construction of a 5-kilometer Kuje township road from the Garage Junction to the LEA Secretariat within the Kuje Area Council.<\/p>\n<p>He reiterated the FCT Administration\u2019s commitment to providing infrastructure in the FCT in line with the President\u2019s Renewed Hope Agenda.<\/p>\n<p>Wike also stressed that the road projects would be constructed with streetlights, adding that it would ultimately change the area\u2019s topography.<\/p>\n<p>\u201cIt\u2019s a matter of strategy and being prudent with the available resources. No government or institution can say they will have all the necessary resources to carry out every service or services,\u201d he said.<\/p>\n<p>The FCT Minister further said: \u201cWhat is important to us is yes, we try to make sure that people pay their taxes. One thing I can tell you about people or Nigerians is that when they see that their taxes are being utilized, they reciprocate by making sure they pay their taxes. But they are reluctant to pay when they see that the taxes they pay and nothing has been done with it.<\/p>\n<p>\u201cWe are trying as much as possible to continue increasing our IGR. We are using our IGR to pay. There is no other money coming from anywhere.<\/p>\n<p>\u201cAnd again, we restrict the number of projects and ensure that we have gone far before awarding other projects and that the funding is available so that it will not be an abandoned project or projects.<\/p>\n<p>\u201cSo, it\u2019s not that we have so much money. It\u2019s just that we are trying to prudently manage what we have and apply it in the best interest of our people.\u201d<\/p>\n<p><strong>For More News And Analysis About Nigeria Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Minister of the Federal Capital Territory, FCT, Nyesom Wike, has said that there are no other means of generation of funds for projects in the nation\u2019s capital apart from the Internally Generated Revenues, IGR. Wike said this is the only way the FCT Administration has been able to fund the numerous [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":137417,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[622,254,454],"class_list":["post-137418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-fct","tag-nigeria","tag-wike"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Wike reveals source of funds for FCT projects - Nigeria<\/title>\n<meta name=\"description\" content=\"The Minister of the Federal Capital Territory, FCT, Nyesom Wike, has said that there are no other means of generation of ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/wike-reveals-source-of-funds-for-fct-projects\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wike reveals source of funds for FCT projects\" \/>\n<meta property=\"og:description\" content=\"The Minister of the Federal Capital Territory, FCT, Nyesom Wike, has said that there are no other means of generation of ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/wike-reveals-source-of-funds-for-fct-projects\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-07T21:24:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-07T22:29:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/11\/sm_1731005949.896006.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/wike-reveals-source-of-funds-for-fct-projects#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/wike-reveals-source-of-funds-for-fct-projects\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Wike reveals source of funds for FCT projects\",\"datePublished\":\"2024-11-07T21:24:09+00:00\",\"dateModified\":\"2024-11-07T22:29:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/wike-reveals-source-of-funds-for-fct-projects\"},\"wordCount\":426,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/wike-reveals-source-of-funds-for-fct-projects#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/11\/sm_1731005949.896006.jpg\",\"keywords\":[\"FCT\",\"Nigeria\",\"Wike\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/wike-reveals-source-of-funds-for-fct-projects#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/wike-reveals-source-of-funds-for-fct-projects\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/wike-reveals-source-of-funds-for-fct-projects\",\"name\":\"Wike reveals source of funds for FCT projects - 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