States can get more revenue with tax automation – Interswitch | Dailytrust

States can get more revenue with tax automation – Interswitch

A financial technology company, Interswitch, has said the adoption of technology for tax collection by state governments would increase their revenue and block leakages.

Speaking during a workshop organized for head of northern state revenue chairmen yesterday in Abuja, Interswitch’s Regional head, North and Abuja, Thomas Ezeh, said the north has great potential to increase its revenue if tax collection is automated. 

“Our major activity is to help the states collect their revenue but we feel it is a good time to call them together to discuss, share thoughts and information we have with them. The North is having a lot of opportunities and there are a lot of challenges in Nigeria in revenue generation, we believe that this kind of engagement will help them develop in many of these areas.”

On his part, the Group Head for Government and Mass Transit Business, Osasere Atohenghe, noted that technology is an enabler that helps to block leakages and fully optimise the various potentials that exist within the respective sector in the states and bring visibility to government business.

 

Dear Reader,
Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive information. Quality journalism costs money. Today, we're asking that you support us to do more. Your support means that Daily Trust can keep offering journalism to everyone in the world. Sign up for as little as N1,000 to become a member. Learn more about our membership here

Bank transfers can be made to:
Zenith Bank
1017257739
Media Trust Ltd


Please send details of your bank transfer to the email or Whatsapp number below so that we can contact you.

If you have any questions, please let us know.

Inquiries:
Email: membership@dailytrust.com
Whatsapp: +234 806 990 3410