By Tony Obiechina, Abuja
The Federal Government has inaugurated Committees to deepen Information Communication and Technology (ICT) Services in Trade and Revenue Collection.
Speaking at the inauguration, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, who was represented by the Permanent Secretary, Aliyu Ahmed said that the project would help to facilitate trade in the country.
The Federal government, in 2015 had entered into a contract with Messrs Webb Fontaine Consortium for the Installation, Operation, Management of Information Technology and Telecommunication Hardware and Software, Training and Power Supply Equipment, and associated services.
She said, “The infrastructure was to ensure the integrity of our export and import as well as enhance revenue collection.
“At the commencement of the Contract, an Addendum to the Agreement was signed in May, 2006, to cap the amount of Nigeria’s Import FOB chargeable by WFL to Ş14,000,000,000.00 in any given calendar year for the period of the contract, which in turn brought WFL’s maximum chargeable fee to US$58,800,000.00 in any given year.”
According to her, the relationship between the federal government and Webb Fontaine as represented by the project has achieved the desired purpose adding that the project would also impact the government’s effort to diversify the economy through information technology.
“This is commendable and clearly shows that a well-conceived project that is properly managed can achieve its set goals for the mutual benefits to the parties involved”, Mrs Ahmed noted.