Bill Gates, former chief executive officer (CEO) of Microsoft, says he is working with the federal government (FG) on an identity technology platform for easy tax collection.
Gates spoke during a meeting with President Bola Tinubu on the sidelines of the World Economic Forum (WEF) in Saudi Arabia on Sunday.
According to a statement by Ajuri Ngelale, the presidential aide, Gates said the technology would help with payment efficiency and also make tax collection easier.
“We are working with Mr. Wale Edun, the Coordinating Minister of the Economy and Minister of Finance, on digitisation,” Gates said.
“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. However, there will be more bank accounts, more financial inclusion, and effective government payment programmes.”
Also the co-chair of the Bill and Melinda Gates Foundation, the businessman said Nigeria has the capacity to manage “this system and related-technological systems as the nation brims with talented youths”.
In his remarks, Tinubu said his administration will look into the technology proposed and work on it further.
He said technology is a potent weapon against corruption and financial impropriety in public service.
The president reiterated his unwavering commitment to providing reliable technology that will support a national consumer credit system and many other critical interventions for all Nigerians.
He said resistance is often expected when efforts are made to strengthen systems and forestall malfeasance.
“Technology is the enemy of fraud, corruption, and irregularity. We have been working hard on improving technology,” Tinubu said.
“There is always the initial resistance.
“Corruption, self-interest, and fraudulent activity will always be an enemy, but when you bend that curve, you will receive the benefit. The nation will receive the benefit.”
Recounting how he deployed technology to enhance the revenue base of Lagos state during his time as governor, Tinubu said his administration must invest in technology, especially as the state aims to achieve a trillion naira revenue target.
