Skip to main content

Wike says he's creating conducive environment for investors in FCT

The minister also commended the developers for investing in Abuja, adding that the Sunrise Water Park would serve its commercial and economic interests.

The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, says the FCT Administration is creating a conducive environment for investors in the federal capital.

Wike stated this when a delegation from the Sunrise Estate Developers, a subsidiary of Nadeem Group, visited him in Abuja on Wednesday.

The News Agency of Nigeria (NAN) reports that the visit was to officially invite the minister to the inauguration of Sunrise Water Park, located at R1, Sunrise Blvd, Kugbo in Abuja, slated for March.

“Ours is to make sure that we create a conducive environment for investors to come in and invest.

“I am happy that the members of your team and your subsidiary companies have shown interest in areas like construction

“Let me sincerely thank you for what you are doing in contributing to the development of the city.

“The park will create a lot of commercial and economic activities, and of course, generate employment opportunities for our youths.

“So, we commend you for believing in Abuja and we will make sure our relationship grows,” Wike said.

The minister also commended the developers for investing in Abuja, adding that the Sunrise Water Park would serve its commercial and economic interests.

He expressed optimism that the park would also employ the teeming youths in the FCT.

Wike, however, urged the group on regular and timely payment of taxes to the FCTA, insisting that such a move would enable the Administration to carry out developmental projects.

“You must make sure that you pay your taxes; it is important because, without these taxes, we will not be able to construct roads and provide other public facilities.

“So, when I praise you for investing, I will also encourage you to you pay your taxes promptly,” Wike said.

Earlier, George Tolofari, Special Adviser to the Chief Executive Officer of Sunrise Estate Developers, said that the visit was to formally invite the minister to the inauguration of the park.

Tolofari, who described the park as the biggest in Africa, said that it has the latest technologies for a fulfilling experience.

He commended Wike for being an investor-friendly minister, adding that the minister’s continued support would spur the company to regularly bring its expertise to bear in the development of the capital city.

ridoola.blogspot.com.ng
Labels:

Comments

Post a Comment

Popular posts from this blog

Okpebholo suspends A-G & LG Chair under 3 months over finance dealings

The Edo Government has announced the suspension of Samson Osagie , its Attorney-General and Commissioner for Justice, and Damian Lawani , chairman of the Local Government Service Commission. Mr Musa Ikhilor , Secretary to the State Government (SSG) announced the suspension in a statement in Benin on Thursday morning. ALSO READ: Kano Govt suspend 2 school principals for alleged absenteeism, negligence Ikhilor said the two-state top officials were suspended over allegations of “grave official and financial interactions”. Okpebholo suspends Edo Attorney-General and LG Service Commission Chairman According to him, the suspension, which takes immediate effect, is pending the conclusion of an investigation into the allegations. The SSG said; It is hereby announced for the information of the general public that Gov. Monday Okpebholo has approved the suspension from office of the Chairman of Edo Local Government Service Commission, Damian Lawani and Commissioner for Justice, Samson Os...
Post a Comment
Read more

Family Homes Funds, TETFund & Private Investors Lead National PPP Drive for Renewed Hope Student Housing Projects

The Renewed Hope Student Housing Project is a Public Private Partnership initiative of His Excellency Bola Ahmed Tinubu GCFR that is set to improve the living standards and revitalize infrastructure across Tertiary Institutions in the country with a plan to deliver 38,400 world class student hostel bed spaces across a total of 24 locations: 12 Universities, 6 Polytechnics & 6 Colleges of Education. The Renewed Hope Student Hostel Project in each of the 24 locations will boast 1,600 bed spaces, 400 ensuite rooms with study table and chairs, 4 reading rooms, common room, cafeteria & restaurants, laundromat, grocery shops, salons, public toilets etc.  Family Homes Funds Limited (FHFL), in partnership with the Federal Government of Nigeria, the Tertiary Education Trust Fund (TETFund) and Africa Plus Partners Nigeria Limited is set to deliver on Mr. President’s promise to transform student accommodation nationwide through the Public Private Partnership (PPP) Renewed Hope Stude...
Post a Comment
Read more

NYSC Mobilisation & Academic Standards – Raising quality or adding pressure on students?

On September 29, 2025, President Bola Ahmed Tinubu approved a reform linking the National Youth Service Corps (NYSC) mobilisation process to the National Policy for the Nigeria Education Repository and Databank (NERD). By invoking Sections 2(4)(4) and 16(1)(C) of the NYSC Act, Tinubu stated that no graduate, whether from a Nigerian or foreign institution, will be mobilised for or exempted from NYSC without proof of compliance with the NERD policy. In a common man's understanding, the Federal Government has announced that Nigerian students must now submit their final-year projects or thesis before they can be mobilised for the National Youth Service Corps (NYSC). This policy aims to improve academic standards, ensuring that no student skips essential academic requirements before entering the NYSC scheme . On the surface, this sounds like a laudable idea, but a deeper look reveals a different reality. In many universities, students are allowed to graduate and mobilised for NYSC  ...
Post a Comment
Read more