Govt Needs Money – Wike Tells Nigerians To Pay Taxes

AMILOADED MEDIA HUB NEWS UPDATE

The Minister of the Federal Capital Territory, FCT, Nyesom Wike, has called on Nigerians to pay their taxes, saying the government at all levels needs to make money to provide social services to Nigerians.

Wike made this call on Wednesday in Abuja at the first edition of the Abuja Business and Investment Summit organised by the Abuja Investment Company Limited.

He said the theme of the event, ‘Optimising Investment Through Partnerships’, resonates with the Federal Government’s drive to deploy the power of collaboration to foster investment opportunities.

According to him, the notion that the government does not need money was incorrect.

While citing examples of the government’s partnership with the private sector that went sour, Wike said the government won’t continue to commit billions of naira and land to investors who can’t guarantee a return on investment.

“These are the kinds of things the government looks into and say how can I bring in the money and the land and at the end of the day, the government will not make a dime?

“When people say the government is not to make money, who told you that? If the government is not to make money, how do we have money to provide services? The government needs money.

“That’s why the government says pay your tax; it’s very important. And so, while we provide the enabling environment, we also believe that we have to encourage you (investors) so that you get what you are supposed to get and the government gets what it is supposed to get. That way, everybody will go home smiling,” he said.