fbpx
Monday, December 23, 2024
19.1 C
Abuja

We Are Investing In Technology To Ensure Transparency, Tinubu To Bill Gates

President Bola Tinubu has said his administration is investing in technology that will ensure transparency and accountability in government and enhancing public-sector performance and service delivery to the Nigerian people.

He said this at a meeting with Microsoft Founder and Philanthropist, Bill Gates, on the sidelines of the World Economic Forum Special Meeting in Riyadh, Saudi Arabia, on Sunday.

According to Mr Tinubu, technology is a strong weapon against corruption and financial impropriety in public service.

He said, though resistance is often expected when efforts are made to strengthen systems and stop malfeasance.

“Technology is the enemy of fraud, corruption, and irregularity. We have been working hard on improving technology.

“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,” the President said.

Speaking further, he revealed how he deployed technology to enhance the revenue base of Lagos State as governor, by ensuring the collection and utilization of essential data and creating an efficient tax system for the state.

“When I was governor of Lagos State, I faced challenges. I started with N600 million and ended up with over N8 billion. And right now, they are targeting a trillion naira with the use of technology in the state. There is no other shortcut. We must invest in technology. We must focus, be diligent, and work hard,” the President said.

Also speaking, Gates informed President Tinubu of a one-identity technological platform that can integrate variegated data, while explaining the centrality of data harmonization to planning, security, and tax efficiency.

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

“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,” he said.

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,” Mr. Gates added.

While responding to Mr. Gates’ submission, President Tinubu said: “We will look at this and work on it further. I am proud of Nigeria’s 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.”

Hot this week

Kwara Resident Dies in Police Custody After Arrest Over ₦220k Debt

A resident of Ilorin, capital of Kwara state, Jimoh...

Lookman Marks CAF Award With Goal in Atlanta Victory

Ademola Lookman scored the second goal in Atalanta’s 3-2...

Nigerian Government Declares 25th, 26th And 1st January Public Holiday

The Federal Government has declared Wednesday 25th, Thursday 26th...

AIICO Insurance Opens 2025 IT Graduate Trainee Programme

AIICO Insurance plc is the leading player in the...

Dangote Group Starts Recruitment of New Employees For 2025

Dangote Group is one of Nigeria’s most diversified business...

Latest

Kwara Resident Dies in Police Custody After Arrest Over ₦220k Debt

A resident of Ilorin, capital of Kwara state, Jimoh...

Lookman Marks CAF Award With Goal in Atlanta Victory

Ademola Lookman scored the second goal in Atalanta’s 3-2...

Nigerian Government Declares 25th, 26th And 1st January Public Holiday

The Federal Government has declared Wednesday 25th, Thursday 26th...

AIICO Insurance Opens 2025 IT Graduate Trainee Programme

AIICO Insurance plc is the leading player in the...

Dangote Group Starts Recruitment of New Employees For 2025

Dangote Group is one of Nigeria’s most diversified business...

Application Opens For IBEDC 2025 Recruitment

Ibadan Electricity Distribution Company (IBEDC) Plc – Headquartered in...

Application Opens For Heirs Life – Tony Elumelu Foundation Recruitment 2025

Tony Elumelu Foundation (TEF) is African private-sector-led philanthropy in...

Dangote Praises Tinubu for Crude-for-Naira Swap Deal’s Impact

President of Dangote Industries Limited, Aliko Dangote has commended...
spot_img

Related Articles

Popular Section

spot_imgspot_img

MORE FROM CHATNEWSTV

NCAC and NITDA Partner to Train 2 Million Nigerians on Cultural Innovation

National Council for Arts and Culture, NCAC, and National Information Technology Development Agency (NITDA) are collaborating to train two million Nigerians on cultural innovation...

Nearly 100,000 Volkswagen workers joined one-day wave of strikes

Agency Report Wolfsburg, Germany - A day-long wave of strikes at nearly all of carmaker Volkswagen's plants across Germany ended early on Tuesday morning, with...

Samsung building collapses in Abuja

A segment of Samsung building under construction at Aminu Kano Crescent, Wuse 2, by Banex Junction, Abuja, has collapsed. Abdulrahman Mohammed, acting Director-General, Federal Capital...

Nigeria Leads Africa’s Financial Evolution In Digital and Climate Investments — EIB Report

TALLINN, ESTONIA (CHATNEWSTV) — Nigeria is solidifying its position as a key driver of Africa’s financial transformation, according to the European Investment Bank’s (EIB)...

EU Antitrust Regulators to Rule on Nvidia’s $700 Million Acquisition of AI Startup Run by December 20

BRUSSELS (ChatnewsTV) — European Union antitrust regulators are set to decide by December 20 whether to approve U.S. chipmaker Nvidia's proposed $700 million acquisition...

Google’s N2.8bn Grant to Boost AI in Nigeria is Timely, Says Minister

The Minister of Communications Innovations and Digital Economy, Dr Bosun Tijani says that the grant of N2.8 billion from Google is timely for the...

NIGCOMSAT To Replace Old Satellite Before 2026

Jane Egerton-Idehen, the Managing Director, Nigerian Communications Satellite, NIGCOMSAT, Ltd., has reaffirmed the organisation’s commitment to replacing the NIGCOMSAT-1R satellite before its lifespan ends...

Estonia Becomes 45th Signatory to Artemis Accords

MILAN — Estonia officially joined the Artemis Accords on October 13, becoming the 45th nation to sign the U.S.-led agreement for the safe, transparent,...

Two Men Sentenced for Multimillion-Dollar iPhone Fraud Scheme Targeting Apple

WASHINGTON, D.C. (Oct. 3, 2024) — Two foreign nationals have been sentenced for orchestrating a scheme to defraud Apple Inc. out of more than...