FCT generates N200bn annually, aims to surpass Lagos- Minister

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The Minister of the Federal Capital Territory Minister, Mohammed Bello, on Thursday in Abuja, said the FCT now generates over N200bn annually.

Bello disclosed this to State House Correspondents at the 40th session of the State House Ministerial Briefing organised by the Presidential Communications Team.

He said the FCT Administration currently generates N200bn annually through an aggressive revenue drive to surpass Lagos State, which is the highest revenue-generating state with N535bn generated in 2021 and a targeted N980.6bn in 2022. The minister also noted that his administration has earmarked N1bn to renovate the National Mosque and National Ecumenical Center, to ensure they remain visitable sites in the FCT.

 

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What is the effect of the money generated? Oga na una pocket e end, na God go punish una

How ?

Invincible fortune

But how can this be? When there are little or no manufacturing industries in Abuja. How?

Keep trying. N200B is only 4 months IGR in Lagos since last year and it is increasing. That is good.

Maybe it's not Sanwoolu's Lagos

Not a breaking news at all. As a state capital with millions of Igbos there, it is not a breaking news at all. Prosperity goes where Igbos concentrate. Not a hate speech or intended to attract a hate speech. It is the reality. Igbo man makes things happen. Believe it.

Lagos itself doesn't sleep they always be on toa.

Surpass Lagos? Your widest dream

More grease to his elbow

On paper.

Na lie 😂😂😂

Please which product do you manufacture in FCT?

Buh we no dey see the money

Laughing in gbagyi

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