Nyesom Wike, the Minister of the Federal Capital Territory (FCT), emphasized the importance of paying taxes for funding essential social services in Nigeria. Speaking at the Abuja Business and Investment Summit, organized by the Abuja Investment Company Limited, Wike highlighted the event’s theme, "Optimising Investment Through Partnerships," reflecting the government’s focus on collaboration to enhance investment opportunities.
Wike challenged the misconception that the government doesn’t need funds, highlighting the necessity of tax revenue to provide services. He cautioned against risky partnerships where the government invests without returns. Wike stressed the importance of both the government and investors benefiting from collaborations.
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Question: How can better tax compliance lead to improved social services in Nigeria?