Everything News
An army officer and a villager have been hospitalised, while several vehicles were set ablaze following a violent clash in Ette community, Ikot-Abasi Local Government Area, Akwa Ibom State. The crisis, which broke out on Tuesday, was reportedly triggered by a confrontation between the officer and suspected diesel thieves operating in the area. A community
The trio of Ese Brume, Ruth Usoro, and Prestina Ochonogor secured their places in the women’s long jump final at…
Super Eagles and Atalanta forward Ademola Lookman has achieved a significant milestone, ranking 14th in the 2024 Ballon d’Or standings. This was announced Monday evening in Paris, France by the Ballon d’Or organiser. The Nigerian international, who plays in Serie A for Atalanta, received his first nomination for the prestigious award. The 27-year-old forward delivered
Read More
Super Eagles and Atalanta forward Ademola Lookman has achieved a significant milestone, ranking 14th in the 2024 Ballon d’Or standings. This was announced Monday evening in Paris, France by the Ballon d’Or organiser. The Nigerian international, who plays in Serie A for Atalanta, received his first nomination for the prestigious award. The 27-year-old forward delivered
The Minister of the Federal Capital Territory, FCT, Nyesom Wike, says his aggressive revenue drive has increased the monthly earnings of the nation’s capital from about N9bn when he assumed office in August 2023 to an average of N25bn monthly. Wike made this disclosure on Sunday during a media parley, stressing that the nation’s capital
FCT raked in N40bn in December 2024 – Wike
The Minister of the Federal Capital Territory, FCT, Nyesom Wike, says his aggressive revenue drive has increased the monthly earnings of the nation’s capital from about N9bn when he assumed office in August 2023 to an average of N25bn monthly.
Wike made this disclosure on Sunday during a media parley, stressing that the nation’s capital generated over N40bn in December 2024.
The Minister said the growth in revenue is due to the collection of ground rents and payment of Certificates of Occupancy (C of O) by land allottees.
According to him, the FCT pays salaries to the tune of N13bn every month.
“We don’t get up to N13bn from VAT and the 1% from the Federal Government. So, we have to augment from the IGR to be able to pay the salaries because of the new wages.
“As of the time I came, we were generating about N9bn to N10bn. Today, by the grace of God, we are not generating less than N25bn a month.
“It is because of our aggressive revenue drive. In fact, last month, we were able to generate about 40 something billion naira. Aggressive revenue drive to be able to carry out infrastructure.
“It must be from taxes, and when taxes are not paid, how do we get development?
“In your conscience, can you say that the FCT is justifying the revenue or the taxes you are paying? Yes, it is correct. We can beat our taxes to say we are doing that, but it is not enough,” he added.
The immediate past governor of Rivers State said the nation’s capital has the potential to generate up to N300bn in monthly revenue if land allottees fulfill their obligations.
FCT raked in N40bn in December 2024 – Wike
