Dr. Yakubu Adamu, the governorship nominee for the All Progressives Movement in Bauchi State, asserts that the local government can enhance its internally generated funds by leveraging the significant volume of social media engagement within the region. During a discussion with Radio France Internationale (RFI) Hausa, Adamu emphasized that the state ought to secure a portion of the income produced by global social media corporations.
Adamu pointed out that despite the extensive presence of users on platforms like YouTube, Facebook, and Twitter, the state has yet to collect any financial returns from these entities. He views this as a vital opportunity to bolster state finances. Beyond digital taxation, the candidate highlighted the necessity of fostering an inviting climate for commercial interests. He noted that attracting investment requires streamlining tax processes, facilitating land access, simplifying administrative regulations, and fortifying security measures to ensure investor confidence.
Reflecting on historical efforts, Adamu referenced a past investment summit in Bauchi that drew both domestic and international participants, resulting in nearly $6 billion in prospective investment pledges.
