By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: Wike Scraps Park-and-Pay Scheme in FCT, Cites Contract Irregularities
Font ResizerAa
Okay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
2026 © Okay International Limited - All rights reserved
News

Wike Scraps Park-and-Pay Scheme in FCT, Cites Contract Irregularities

Adamu Abubakar Isa
By
Adamu Abubakar Isa
ByAdamu Abubakar Isa
Web content creator, social media manager
Follow:
Published: 2024/08/21
1 Min Read
Share
SHARE

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has declared the on-street parking scheme in the FCT, known as park-and-pay, illegal due to irregularities in the contract agreement between the managing contractors and the FCT.

Wike made the announcement during a media briefing to mark his first year in office as FCT Minister, stating that he was unaware of the scheme until a friend brought it to his attention. He discovered that the agreement stipulated an 80% payback to the contractors, with only 20% remitted to the FCT.

The park-and-pay policy was introduced in 2012 to manage parking in the city, but was suspended in 2014 and reintroduced in August 2023. Wike’s decision to scrap the scheme comes after he questioned the transparency of the contract and the payment structure.

The FCT administration will now reassess the parking management system to ensure transparency and fairness.

- Advertisement -
Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:Nyesom Wike
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Miss Universe 2024 25 Nigerian Women Compete for Miss Universe 2024 Crown
Next Article Neuer Bids Farewell to International Football, Focuses on Bayern

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -

More News

NewsTop stories

Tinubu Says Nigeria Will Defeat Terrorism As Economic Council Meets In Abuja

By Oluwadara Akingbohungbe
5 Min Read
News

Ghislaine Maxwell to Remain Silent During US Congress Questioning

By Adamu Abubakar Isa
4 Min Read
First Lady, Oluremi Tinubu
News

‘US Airstrikes Are a Blessing for Nigeria,’ First Lady Oluremi Tinubu Says

By Adamu Abubakar Isa
2 Min Read
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook
Not a member? Sign Up