Zainab Ahmed, minister of finance, budget, and planning,
says Nigeria’s revenue leakages is making her lose sleep.
Ahmed was responding to a question posed to her by Poju
Oyemade, senior pastor of Covenant Christian Centre, during The Platform, an
annual conference organised to mark Nigeria’s independence anniversary.
When asked to list the three things that keep her awake at
night, the minister responded: “Number one is revenue, number two is revenue
and three – I would say, is revenue”.
She, however, said her ministry is working tirelessly to
combat shortfalls in revenue generation which has denied the country income.
She said the ministry is using information technology
mechanism to streamline the revenue system in the country.
“We have been trying to block and also enhance the cohesion
of our people, especially within the revenue ecosystem. We have invested in IT
system and trying to collaborate and bring things together,” Ahmed said.
“We have a process that on monthly basis, we sit down and
reconcile our revenues and tally up the numbers. We are working on interfacing
all the IT system so that we can see companies’ revenue on real-time or near
real-time basis.”
The minister also said that Nigeria has recorded significant
achievement and progress in attaining self-sufficiency in food security.
“We are doing everything that we can to make sure that our
country is self-sufficient, especially in the area of food security,” Ahmed
explained.
“I must say that we have achieved some progress in that
regard because if we didn’t have self-sufficiency in food security when there
was the lockdown and there was no movement in and out of the country, we would
have very significant problems.”
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