The minister of state for Federal Capital Territory, Abuja, Olajumoke Akinjide, has said that facilities within the city are being overstretched by the increasing population.
The minister, who said this at the 8th National Conference on Investment at the Sheraton Hotel in Abuja, said the increase in the services being rendered by the FCT administration are not being felt because of the lack of appropriate demographic data of the FCT population that would have made for better planning of programmes.
Represented by the MD Abuja Enterprise Agency, Ms. Altine Jibrin, the minister said the FCT administration recently carried out a Demographic Household Survey (DHS) in which it found out that 72.11% of the FCT households earns less than N 100,000 a month.
"It will delight you to know that in the working group of the FCT, 18.43% are public servants, 13.3% are private sector workers and 68.27% are self-employed. Clearly this shows that contrary to the general credence that the FCT's economy is driven by the public sector, the economy of the FCT is actually private sector-driven with about 81.57% of the working group belonging to the private sector.
"Furthermore, we were able to ascertain that 72.11% of the households earn below One hundred thousand naira (N100,000.00) per month and that the majority of the workers fall within the low income groups. About 46.9% earn below N30,000 per month, 19.77 % earn between N30,000 and N50,000 per month while about 5.44 % earn between N50,000 and N100,000 per month. This means that only about 28% earn above N100,000 per month in FCT," she said.
Declaring the conference opened, the minister of state for Trade and Investment, Samuel Ortom, represented by Steven Amase, charged participants to come up with implementable recommendation that will brighten the investment climate in the country.
The Executive Secretary of the Nigeria Investment Promotion Commission, Mustafa Bello, informed the participants that the commission would present to them a draft Sector Specific Investment Incentives' Policy it had prepared for their inputs as stakeholders.