Buhari doesn’t know flutterwave, paystack but borrowing

Buhari doesn’t know Flutterwave, paystack but borrowing

Osita Chidoka, former minister of aviation, has lambasted President Muhammadu Buhari that he does not understand how fintech companies operate.

He spoke at ‘The Platform’, the annual conversation organised by Covenant Christian Centre, on Saturday.

“What is the average age of our cabinet? Our cabinet does not reflect Nigeria. They cannot understand Paystack, they cannot understand Flutterwave, they cannot understand kobo360.”

“They do not know how to tax them. The tax authorities are taxing their revenue because they think that the money received by Kobo360 is revenue. No. This is money that they are receiving as an aggregator.

“So we need young people like you to be the chairman of FIRS. We need young people like you who understand (because) what they [cabinet members] understand is borrowing from the CBN.”
Chidoka added that the youths should occupy critical positions in the country to unlock its potentials.

“We need to unlock Naija, it is our responsibility. It is not the responsibility of a structuralist. They are deceiving us, to look at that day where we will change our constitution,” he added.
“The time is now for us to unlock Naija, for us to bring about that change that reflects the diversity of Nigerians and the beauty of our country.”