FCT Minister Nyesom Wike has said that government cannot spend all available revenue on salaries and allowances and still meet its development responsibilities.
According to him, “nobody can just bring out the whole money and pay allowances and wages,” asking rhetorically how the government would “buy vehicles, construct roads, and run schools” if all funds were exhausted on recurrent spending.+Full Details. .
Wike explained that access to funds was previously difficult, with projects delayed by lengthy approval processes, noting that criticism of past ministers often ignored these constraints.
He disclosed that the FCT’s Internally Generated Revenue has grown from about ₦9 billion monthly to “nothing less than ₦30 billion every month,” describing the increase as “performance.”
He added that from the current revenue, about ₦2 billion is spent on salaries, while over ₦12 billion is committed to infrastructure development.
The minister urged collective responsibility, stressing that “the future of this country is on all of us,” while affirming that the President “is doing the best he can.”+See More Details. .
𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!
