Nigeria has Africa’s largest mobile market, with more than 148 million subscribers and a penetration of about 107% , this can be considered as a brilliant solution to increase her domestic resource mobilization (DRM) to finance developmental project

1. ROLE OF ICT IN FINANCNG
FOR DEVELOPMENT IN
NIGERIA
fadebowale@kowafresh.com, +234-814-504-5108
Presented by Ademola Adebowale

2. THE INNOVATION
Undoubtedly, technology has tremendous potential to
accelerate progress towards reaching the SDGs:
from connectivity to cloud computing to the Internet of
Things, new and evolving technologies can help increase
scale, improve impact, enhance program design and
measure results in ways that simply were not possible just
a few years ago.
Nigeria has Africa’s largest mobile market, with more than
148 million subscribers and a penetration of about 107%
, this can be considered as a brilliant solution to increase
her domestic resource mobilization (DRM) to finance
developmental project.

3. THE INNOVATION
For Nigeria to achieve SDGs, changes are required
in the way public, private and civil society
organizations function, the way they partner, the
way they engage with individuals and communities
and the way government policies influence their
operations.
The challenge facing Domestic Resources
Mobilization in Nigeria is how organizational leaders
is understanding the benefit and role of ICT in
driving these changes.

4. The iDEA
4
DOMESTIC RESOURCE MOBILIZATION
EFFECTIVE MONITORING
PUBLIC ENGAGEMENT
SDGS
01
02
03
ICT can Improve tax administration (DRM),
through Mobile money model for the
Unbanked and the new BVN Technology
SDgs can be effectively monitored by
stakeholders through innovative technology
and report delivered
Government can use ict as tools of
engagement and getting feedback from the
public who are to hold them accountable.

5. The challenge
“Currently, Nigeria collect much lower proportions of her GDPs in
tax revenue than do the governments of the OECD countries: 10-
20% rather than 30-40%.
Experts agree that there is considerable potential to increase tax
revenue in developing countries like Nigeria”

6. The Challenge
6
ILLICIT FINANCIAL
FLOWS
$50 - $60 Billion leaves
Africa annually, Nigeria is
not an exception
CORRUPTION
Corruption hits
hardest at the poor in
Nigeria who make up
more than 40 per
cent of the 179
million people
PUBLIC
ENGAGEMENT
The need to engage
public on SDGS and
their role
TAX/GDP
RATIO
Below 14%
POOR
GOVERNMENT
EXPENDITURE
Higher government
spending in urban
areas than rural.
DRM FROM THE
UNBANKED
The challenge of
raising DRM from
the Informal sector
INEFFECTIVE
TAX
ADMINISTRATION
Nigeria can raise
additional 1 Billion
annually from Improved
Tax Administration

7. Solving Problem
7
There is a need for Collaboration
The Government The Private Sector

8. Solving Problem
8
There is a need for Collaboration
Civic Society
Hold Government
accountable.
Educate the Public on
SDGS and their roles .
Paying Tax as a Civic
responsibilities
Understands what are
SDGS .

9. Solution Slide
9
ICT will power these activities
SOLUTIONS
DOMESTIC
RESOURCE
MOBILIZATION
Provisioning of mobile money
technology for tax collection and
remittance.
EFFECTIVE
MONITORING
OF SDGS
Social platform where the public can
be educated on SDGS, and also
monitor these goals
PUBLIC
ENGAGEMENT
ICT/Mobile based solutions for DRM
campaigns and communication ,
and public enlightenment

10. Key Opportunities
10
Mobile Technology
Nigeria has Africa’s largest mobile market,
with more than 148 million subscribers and
a penetration of about 107%. The rapid
growth has led to problems with network
congestion and quality of service, prompting
the telecom regulator to impose fines and
sanctions. Network operators invest billions
of dollars in base stations and fibre optic
transmission infrastructure to support the
ever increasing demand for bandwidth.
Mobile Revolution

11. The Opportunities
11
USSD Interactive Services
Available on any mobile phone
Commonly used in banking, mobile
polling, security systems and education,
USSD is standard GSM technology
supported by all GSM handsets. It is
session-based and supports longer
message content. Secure and cost-
effective, sessions can be initiated by
both end-users and enterprises.
ADVANTAGES

12. CONTACT
Ademola Adebowale
Lagos, Nigeria
+234-814-5045-108
@kowafresh kowafresh fadebowale@kowafresh.com

13. REFERENCE
• Beyond Economic Growth: Meeting the Challenges of Global Development
• Pages 7-15
• Financing the End of Poverty
• From Billions to Trillions: Transforming Development Finance, WBG joint with IMF and MDBs, 2015.
• Pages 7-12
• Domestic Resource Mobilization, USAID, 2015 (read webpage introduction and 2-page El Salvador case study)
• Financing the future: Why domestic revenue mobilization belongs on the post-2015 agenda. Devex, 2014
(OpEd, 1 page)
• Taxing Multinational Enterprises Base Erosion and Profit Sharing (BEPS) II OECD, Policy Brief, 2014 (2 pages)