Bill Gates, co-chair of the Bill and Melinda Gates Foundation, has criticized Nigeria’s tax collection rates as insufficient, posing significant challenges to funding vital sectors like health and education.
According to The Cable, Gates made these comments during the Nutrivision 2024, a Pan-African youth dialogue on nutrition, held in Abuja.
During the event, Gates addressed the issue of financing large-scale public health initiatives, noting that Nigeria’s current tax collection is inadequate.
“Over time, Nigeria needs to increase its government funding,” he stated, emphasizing that the country’s tax collection is currently “pretty low.”
Gates suggested that as citizens gain confidence in the government’s ability to manage programs effectively, they may be more willing to support increased taxation.
He mentioned that the foundation is involved in several initiatives that demonstrate how funds can be efficiently utilized, particularly in running effective primary healthcare systems.
“For citizens to trust the government’s ability to deliver quality healthcare, there must be a commitment to efficient management of health program funds,” Gates added.
He emphasized the importance of creating a well-organized primary healthcare system, with adequately staffed and strategically located centers.
Gates believes that building credibility in these programs could lead to greater financial flexibility, allowing Nigeria to prioritize primary healthcare funding.
“It’s exciting that we are driving the credibility of those health programmes and so that the citizens will feel like primary health care is amongst the priorities that should be very funded as you get some fiscal flexibility,” he said.
Gates also expressed optimism about Nigeria’s potential to significantly increase its agricultural output. He suggested that, with the right support in areas like credit facilities, soil surveys, and advisory services for farmers, Nigeria could shift from being a net food importer to a major food exporter.
He highlighted that improving agricultural productivity, especially in rural and northern regions, is essential for raising incomes and reducing poverty.
“Nigeria today is a net food importer and yet, given the geography, if the right credit facilities and advice to farmers, soil surveys, things are available, there is the opportunity for Nigeria to more than double its food output, which would be pretty transformative, because it would mean that you would be a net food exporter,” Gates said.
“Instead of having to use very scarce dollars, particularly the current exchange rate to go buy food, you are actually bringing dollars in.”
Gates further suggested that by leveraging digital technologies and adopting improved seed varieties, Nigeria could trigger an agricultural “miracle” that would not only boost the economy but also address issues of equity and nutrition across the country.