HomeBusinessTax collection in Nigeria is low: Bill Gates

Tax collection in Nigeria is low: Bill Gates

Bill Gates, co-chair of the Bill and Melinda Gates Foundation, has highlighted the need for Nigeria to improve its tax collection to fund critical sectors such as healthcare and education effectively.

At the Nutrivision 2024 event in Abuja, Gates emphasised that the country’s low tax collection hampers its ability to finance essential public services.

“The actual tax collection in Nigeria is pretty low,” Gates noted, adding that citizens’ confidence in government programmes, particularly healthcare, is crucial for successful implementation.

He stressed that well-managed health programmes could build this confidence, ultimately encouraging more robust funding for primary healthcare as Nigeria gains fiscal flexibility.

 

RELATED ARTICLES

Most Popular

Recent Comments