Vice President Yemi Osinbajo says the nation’s on-going digital identification of all citizens and legal residents on a harmonized platform will be the largest database in Africa.
Prof Osinbajo stated this on Friday while delivering the keynote address at the “Technology As A Catalyst Conference,” TAAC, held in Lagos.
He said the project could be compared to the Aadhaar of India, that would bring a lot of opportunities in different sectors.
The Vice President said that the administration of President Muhammadu Buhari understands that importance of a data-driven economy and has directed huge investments and focus to digitizing government data.
“I have no doubt the many proponents of Artificial Intelligence (AI) will be excited about the immense data that would be available.” He maintained.
He said the technology industry has been Nigeria’s highest employer of labour and the most improved economy contributor.
Vice President Osinbajo noted that the focus of this year’s TAAC Conference on the Ease of Doing Business in Nigeria could not be more appropriate because both the public and private sectors have a role to play in driving economic development.
“The Federal Inland Revenue Service (FIRS) has successfully automated majority of its services to aid the processes of filing Corporate Income Taxes from 14 days to 72hrs” He said.
In a remark, Minister of Industry, Trade and Investment, Okechukwu Enelamah, said the private sector in Nigeria was willing to work with government, adding that the conference would be an avenue to cement the relationship between government and businesses.
The Secretary of the Presidential Enabling Business Environment Council, Dr Jumoke Oduwole, said government at all levels would collaborate more with the private sector to work harder and faster to increase productivity.