Nigeria News: FCT Minister Urges Tax Compliance in Abuja
Nyesom Wike, the Minister of the Federal Capital Territory, has emphasised the need for Nigerians to pay their taxes to enable the government to fund essential social services. Speaking at the Abuja Business and Investment Summit, Wike highlighted the importance of partnerships to foster investment, while dispelling the misconception that the government does not require revenue.
Wike underscored challenges faced in government-private sector partnerships, stressing the necessity for investors to ensure returns on investments. He emphasised that a mutual benefit approach, involving tax compliance and government support, is crucial for sustainable economic growth. Abuja News continues to highlight key developmental strategies for Nigeria.
- Key Takeaways:
- Government partnership with private sectors is essential for investment growth.
- Tax compliance is crucial for funding social services in Nigeria.
- Sustainable economic growth requires mutual benefits for government and investors.
What are your thoughts on tax compliance fostering economic growth in Nigeria? Share your opinions below!
