Bauchi Governorship Candidate Urges Taxation of Social Media Firms to Boost Revenue

Bauchi Governorship Candidate Urges Taxation of Social Media Firms to Boost Revenue

Dr Yakubu Adamu, the governorship candidate of the All Progressives Movement (APM) in Bauchi State, has called for the state to increase its internally generated revenue by claiming a share of profits from major social media platforms, citing the state’s large user base. In an interview with Radio France Internationale (RFI) Hausa, Adamu emphasized that Bauchi’s extensive social media engagement should translate into financial returns for the government. He noted that despite the widespread use of platforms like YouTube, Facebook, and Twitter, the state has never received even a single kobo from these digital giants. Adamu argued that recovering these funds would significantly boost the state’s revenue and support development projects.

He further stressed the importance of creating a business-friendly environment to attract investors. According to Adamu, companies will only invest if the government provides clear opportunities and removes barriers to operation. He highlighted key areas such as simplifying tax procedures, offering accessible land for business ventures, streamlining regulations, and ensuring a secure environment for investors. “A company will not come unless you provide opportunities or create a favourable environment for it,” he said, underscoring the need for systemic reforms to make Bauchi more attractive to both local and foreign investors.

Adamu also recalled a past investment summit held in Bauchi State that drew significant interest from investors. The event, which attracted both local and international participants, resulted in investment commitments worth nearly $6 billion. He expressed disappointment that these commitments had not been fully realized, suggesting that better policy frameworks and consistent government support could unlock such potential. He believes that with the right strategies, Bauchi can transform its economic landscape and become a leading investment destination in northern Nigeria.

The candidate’s call for revenue sharing from social media companies reflects a growing global conversation about digital taxation and the responsibilities of tech firms to contribute to the economies where their users are based. While Nigeria has not yet implemented a comprehensive digital tax policy, Adamu’s proposal highlights a unique approach tailored to Bauchi’s specific circumstances. His focus on both digital revenue and investor-friendly reforms positions him as a candidate with a forward-thinking economic agenda.

As Bauchi State prepares for the upcoming governorship election, Adamu’s proposals may resonate with voters seeking tangible solutions to economic challenges. His emphasis on leveraging digital footprints and fostering investment could shape future policy discussions in the state. The next steps will depend on whether his ideas gain traction among political leaders and the public, and whether they can be translated into actionable plans.