FG, Bill Gates To Provide Digital Identity Platform To Ease Tax Collection

Former Microsoft CEO Bill Gates claims he is collaborating with the federal government (FG) on an identity technology platform to facilitate tax collection.

Gates who was joined by President Bola Tinubu Was speaking on the margins of the World Economic Forum (WEF) in Saudi Arabia on Sunday. 

In a statement, Gates mentioned that technology will facilitate tax collection and improve payment efficiency, according to Ajuri Ngelale, the presidential assistant.

“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.” [CONTINUE READING HERE]