Tag: Modo Ante

  • Firm mulls revenue drive through tech innovation

    Firm mulls revenue drive through tech innovation

    Modo Ante, a consultancy in Governance, Public Sector, and Political Consulting, has restated its dedication to leveraging technology and innovative strategies to optimise revenue generation for governments and private sector partners.

    The firm spoke during interface session at Eko Revenue Plus Summit, in Lagos.

    The summit brought together policymakers, thought leaders, and private sector stakeholders to explore revenue streams and innovative approaches to revenue generation.

    Anchored by Modo Ante with Lagos State, the summit served as a platform for discussions on role of technology and innovation in addressing fiscal challenges and enhancing public service delivery.

    In his keynote address, Governor Babajide Sanwo-Olu advocated broader revenue strategies beyond taxation, including optimising state-owned assets and creating opportunities that Eko Revenue Plus Summit would identify.

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    He urged the private sector to partner the state under the PPPs in creating innovative revenue solutions, particularly in real estate, waste management, and technology and how to hold government accountable for revenue.

    The governor noted that technology was critical to modern governance and revenue optimisation.

    He noted the state’s commitment to embracing innovative solutions to manage its urban population and economy.

    “Lagos State has demonstrated leadership in cutting-edge technology to drive development and improve revenue collection,” Sanwo-Olu said.

    He cited the ongoing deployment of digital tools such as the Lagos State Unified Revenue Portal, which has simplified tax collection processes and improved transparency, as an example.

    Also speaking at the event, Mr. Abdul-Kabir Opeyemi Ogungbo, Special Adviser to the Governor on Taxation and Revenue, presented a detailed roadmap for sustainable revenue growth in Lagos State. He highlighted the State’s achievements in widening the tax net and implementing data-driven policies to improve compliance.

    “Our success stems from our ability to innovate and deploy intelligent systems that simplify revenue collection while ensuring accountability,” Ogungbo noted. He cited the state’s partnership with private sector technology firms in developing analytics tools that identify untapped revenue sources.

    Ogungbo called on other States in Nigeria to emulate Lagos by prioritising investments in technology and capacity building. “Revenue generation in the 21st century requires a shift from traditional methods to a more data-centric approach. The Lagos example is a template that can be replicated across the country,” he asserted.

    In his remarks, Bamijoko Okupe, CEO of Modo Ante and co-convener of the summit, delivered a powerful speech highlighting the consultancy’s mission to transform governance and public sector performance through innovation and growth strategies.

    Okupe expressed gratitude to the Lagos State Government for partnering with Modo Ante on the summit and commended the leadership of Governor Sanwo-Olu for prioritizing technology-driven governance. “The Eko Revenue Plus Summit has proven that when government and private sector stakeholders collaborate, the possibilities for revenue generation and sustainable development are limitless,” he said.

    Reiterating Modo Ante’s commitment, Okupe outlined the consultancy’s three-pronged approach to revenue optimisation: Harnessing technology for efficiency, developing customised digital solutions to improve tax compliance, enhance public service delivery, and engender transparency. The Company will keep advising governments on initiatives that incentivise private sector investment while creating sustainable revenue streams. Strategic Communication through campaigns that foster public trust and encourage compliance with tax and regulatory requirements. Should also be an add on to the efforts.

    Okupe emphasised the critical role of data analytics and economic modelling in solving complex governance challenges. “At Modo Ante, we believe in the power of data to guide decision-making. Our goal is to provide actionable insights that drive growth and create value for all stakeholders,” he explained.

    Okupe stressed the importance of continuous dialogue and knowledge sharing to sustain the momentum generated by the summit. “The Eko Revenue Plus Summit is not just an event; it is the beginning of a movement. Together, we can build a future where technology and innovation drive inclusive growth and prosperity,” he declared.

    The success of the Eko Revenue Plus Summit underscores the growing recognition of technology and innovation as indispensable tools for governance and economic development. Modo Ante’s pivotal role in organising the summit and its commitment to transformative solutions solidify its position as a leader in the consulting space.

    As the consultancy continues to engage with governments at all levels, it remains steadfast in its mission to deliver impactful results that foster sustainable development. With its expertise in governance, public sector management, and political communication, Modo Ante is poised to reshape the future of revenue generation and public service delivery in Nigeria and beyond.

    The summit concluded with a renewed call for collaboration between government, private sector, and civil society to address fiscal challenges and unlock new revenue streams. Participants lauded the role of technology and innovation as game-changers in public finance management.