How Government Can Leverage Digital Economy to Increase Revenue

In the first quarter of 2020, the Federal Government made N950.56 billion in revenue. Of this amount, N943.12 billion went into debt servicing, representing 99 percent of the total revenue. But policymakers have attributed the issue to revenue shortfall than debt servicing. Arising from these is the problem of revenue leakages, sharp practices from tax administrators, and lack of institutional framework.