Key questions this article answers:
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The Nigerian government recently proposed digitising revenue collection to improve revenue flows. How will the implementation of this policy affect Nigerian businesses?
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Rwanda is an economy that has implemented similar changes in its revenue collection process. What can we learn from the country?
Gone are the days when heads of state in Africa commented that money was not a problem; but how to spend it.
Today, the news is that there is a funding squeeze in Africa as governments need to earn more to support public services or meet responsibilities like paying off debt and interest on existing loans.
As a result, the Nigerian government has become innovative. Recent news reports suggest the Tinubu-led administration aims to roll out tax and revenue reforms. One notable mention is the digitisation of revenue collection to increase and accurately monitor overall earnings. Nigeria’s revenues have shrunk in recent
