{"id":65923,"date":"2025-05-18T01:42:48","date_gmt":"2025-05-18T01:42:48","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=65923"},"modified":"2025-05-18T01:42:48","modified_gmt":"2025-05-18T01:42:48","slug":"fct-minister-boosts-revenue-to-30-billion-monthly","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/05\/18\/fct-minister-boosts-revenue-to-30-billion-monthly\/","title":{"rendered":"FCT Minister Boosts Revenue to 30 Billion Monthly"},"content":{"rendered":"<p><strong>By Ifeoluwa Odunayo<\/strong><\/p>\n<p>Minister of the Federal Capital Territory, Nyesom Wike, has revealed a sharp rise in the territory\u2019s internally generated revenue, soaring from \u20a69 billion to \u20a630 billion monthly since his appointment in August 2023.<\/p>\n<p>Wike attributed the increase to tough measures taken to block revenue leakages, recover outstanding payments, and revoke underutilised land allocations.<\/p>\n<p>\u201cNow, we are hitting \u20a630 billion monthly,\u201d he stated during a recent interview, noting that enforcing ground rent payments and taking bold recovery steps have fueled the growth.<\/p>\n<p>The Minister highlighted the funding boost as key to ongoing infrastructural projects across the FCT, including road repairs, school upgrades, and improved security, all made possible under President Tinubu\u2019s administration.<\/p>\n<p>Wike\u2019s fiscal reforms are being seen as a major turnaround for the capital\u2019s economy and a bold push for accountability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Ifeoluwa Odunayo Minister of the Federal Capital Territory, Nyesom Wike, has revealed a sharp rise in the territory\u2019s internally generated revenue, soaring from \u20a69 billion to \u20a630 billion monthly since his appointment in August 2023. Wike attributed the increase to tough measures taken to block revenue leakages, recover outstanding payments, and revoke underutilised land [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":65924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[177,172],"tags":[59],"class_list":["post-65923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-abuja-reports","category-news","tag-featured"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/65923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=65923"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/65923\/revisions"}],"predecessor-version":[{"id":65925,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/65923\/revisions\/65925"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/65924"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=65923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=65923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=65923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}