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Business

Wike Lauds Africa’s Waterpark Investors, Urges Tax Payment

todayFebruary 29, 2024

Background

The Minister of the Federal Capital Territory, Mr Nyesom Wike, has stressed the need for investors in the territory to be committed to paying their taxes, for the development of the city.

Wike stated this in Abuja when he received a delegation of the Sunrise Estate Developers, and the Nadeem Group, that paid him a working visit in Abuja.

The Minister explained that FCT Administration relied on the payment of taxes to carry out developmental projects, unlike other Ministries, Departments and Agencies that lean solely on allocations from the Federal Government.

Wike while appreciating the developers for investing in Abuja, noted that the Sunrise Waterpark would serve the FCT’s commercial and economic needs, as well as provide employment for the youths.

Wike who expressed his willingness to be part of the commissioning of the Water Park project which the Group described as “Africa’s biggest Waterpark” in the territory, reiterated the Administration’s readiness to partner genuine investors in other sectors.

He noted that the project would create a lot of commercial and economic activities, that will lead to job creation.

“We commend you for believing in Abuja, we commend you and we will make sure our relationship grows. But you must also make sure that you have paid your taxes. It is important because without the taxes being paid, we will not be able to construct roads, we will not be able to construct public buildings. So, when I praise you for investing, I will also encourage you to make sure you pay your taxes”.

“Let me sincerely thank you for what you are doing in Abuja, as your own contribution to the development of the city. It is very glaring to hear that you have built the biggest waterpark, like you said, the biggest in Africa, with the latest technology.That of course, will create a lot of commercial and economic activities, that of course will generate employment”.

 

“Our own is to make sure that we produce a conducive environment for investors to come in. I am happy that the members of your team, your subsidiary companies, have shown interest in other areas like construction. We have also seen that they are involved in most of the jobs that are going on in Abuja. If we see that they are committed and willing to do their best, we are also willing to partner with all those who want to put in their best”, Wike said.

Earlier, the Head of the delegation, and Special Adviser to the Chief Executive Officer of Sunrise Estate Developers, Mr. George Tolofari, noted that his visit was to congratulate him on his appointment and also to invite him for the commissioning of the Waterpark established in the territory.

“The major reason why we are here is because of the Waterpark we are showcasing. We know that you are an investor-friendly Minister, and we know that with your continued support, we will continue to bring our experience to bear so that at the end of the day, Abuja will indeed be that Federal Capital Territory that we are all going to be proud of, that will compete with other Capitals worldwide”, Tolofari said.

By Remi Johnson, Edited By Grace Namiji

Written by: Blessing Nyor

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