FG mulls single data system to block revenue leakages

0
274
Minister of Finance, Mrs Kemi Adeosun

The federal government has said it will introduce a single window for data in all agencies to block revenue leakages. Speaking at the 2017 World Customs Day event in Abuja, the Minister of Finance, Mrs Kemi Adeosun, said adequate data system was crucial for effective management of the borders.

Represented by the Director of Technical Services, Mrs Lare Shahebu, the minister said the effective use of data in the operations of the Nigerian Customs Service (NCS) will promote trade with other countries and boost Nigeria’s Gross Domestic Product (GDP). “Data sharing among other agencies is necessary and important to curb revenue leakages, especially in the administration of some fiscal incentives.

Efforts are now in full swing to introduce a single window for data across the various sectors and agencies, ” Adeosun added. The minister, who dwelt on the theme of this year’s celebration, ‘Data Analysis for Effective Border Management’, said a proper analysis of data was essential if government was to make proper planning in budgeting and addressing population issues.

- Advertisement -First Bank mobile money