Tech

FG, Bill Gates mull digital platform for tax collection

Microsoft Founder and Philanthropist, Bill Gates, says he is working with the Federal Government on a one-identity technological platform to make tax collection easier in the country.

Gates disclosed this during a meeting with Tinubu on the sidelines of the World Economic Forum Special Meeting in Riyadh, Saudi Arabia, on Sunday, April 28, 2024.

The former Chief Executive Officer of Microsoft said: “We are working with Mr Wale Edun, the Coordinating Minister of the Economy and Minister of Finance, on digitisation.

“Before you came into office, there were a few things attempted in identity management. But they have been very scattered. There have been multiple identification systems.

“Now, there is a plan to take that technology called MOSIP and use it for this identification platform so that people can get digital benefits. We are providing support for that, and we can provide more support.

“With MOSIP ID, there is potential application in all government payment programmes. It helps with payment efficiency and bank accounts, and eventually, when everyone is using that, it makes tax collection easier. That benefit will take a few years.

Tinubu: My govt investing in tech to fight fraud, corruption

“However, there will be more bank accounts, more financial inclusion, and effective government payment programmes.”

Gates, according to a statement issued by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, said Nigeria has the capacity to manage this system and related technological systems as the nation brims with talented youths.

He added: “The last time I went to the Microsoft office in Lagos, I saw the amazing work that they were doing and how they were growing their operations.

“So, you have a lot of Nigerian talents to manage these systems.”

The businessman also spoke about some high-yield seeds and a variety of crops with the potential for improved productivity and nutrition in all regions of the country.

He said countries like the United States and Brazil have been using these seeds and that they have been tested and certified as safe.

“There is no safety issue with these seeds. Supporting the Minister of Agriculture’s effort in this regard is something that we feel is important and worth supporting,” Gates added.

Responding to Gates’ submission, President Tinubu said: “We will look at this and work on it further.

“I am proud of Nigerian youths. They are very excited and creative with technology. They encourage us as we continue to press our reform efforts forward for their future prosperity. This is Nigeria’s time to become what it ought to be.”

The Star

Segun Ojo

Recent Posts

Bishop Odedeji: Jesus birth, most remarkable event in human history

The Anglican Bishop of the diocese of Lagos West The Rt. Rev James Olusola Odedeji…

13 hours ago

Christmas: Let’s be instruments of peace, Uba Sani urges Christians

Kaduna State Governor Uba Sani has felicitated Christians in the state, urging them and other…

22 hours ago

Zenith Bank, Int’l Breweries, NNPC, Others Shine at 2024 SERAS Awards

It was a night of glitz, glamour and celebration at the 18th edition of the…

1 day ago

Tinubu felicitates Christians on Christmas, says Nigeria on path of restoration

President Bola Tinubu has felicitated Christians on Christmas celebration in the country, saying the nation…

1 day ago

Uba Sani inaugurates 12 road projects on Xmas Eve

Governor Uba Sani has inaugurated 12 asphaltic roads  within Kaduna metropolis on Tuesday, 10 months…

1 day ago

Court sends oil magnate to prison for diverting $26m refinery fund

A Federal High Court sitting in Abuja has remanded the Founder and Chairman of Platform…

1 day ago

This website uses cookies.