President Bola Tinubu has met with Microsoft Founder and philanthropist, Bill Gates, and said his government is investing in technology to ensure transparencyTinubu spoke on the sidelines of the World Economic Forum Special Meeting in Riyadh, Saudi Arabia on Sunday, according to presidential spokesman Ajuri Ngelale.
“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.
“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.
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