Presidential Committee proposes payment of taxes through USSD, others

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, said his Committee has proposed the use of Unstructured Supplementary Service Data (USSD) and other digital channels for the payment of taxes and levies across the three tiers of government in Nigeria.

Oyedele disclosed this on Wednesday while sharing updates on the Committee’s activities. According to him, part of the proposals to the government is to cancel many of the current taxes that have become burdensome to the people, harmonize the few that are justifiable, and digitize the collection process with multiple channels including USSD to drive efficiency, reduce leakages and promote accountability.

The USSD is a Global System for Mobile Communications (GSM) protocol that is used to send text messages. Currently being deployed by banks for financial services, USSD allows users to interact directly from their mobile phones by making selections from various menus.