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FCTA Commits N242.8m to Microsoft 365 for FCT-IRS Digital Transformation

The FCTA has approved N242.8 million for a Microsoft 365 licence to digitize FCT-IRS operations. This investment aims to automate processes, enhance internal communication, and improve efficiency, ultimately increasing revenue for the Federal Capital Territory.

The Federal Capital Territory Administration (FCTA) has allocated N242.8 million for acquiring a Microsoft 365 licence, which is key to digitizing the operations of the Federal Capital Territory Internal Revenue Service (FCT-IRS). This decision was announced by Mr. Michael Ango, the Acting Executive Chairman of FCT-IRS, during an FCT Executive Committee meeting led by Minister Nyesom Wike in Abuja.

Mr. Ango highlighted the FCTA’s commitment to investing in technology to enhance revenue generation and collection efficiency. He noted, “This is also one of those investments in technology that the FCT is undertaking. The licence, if procured, will enhance our ability to move most of our manual processes into automated processes.”

The implementation of the Microsoft 365 licence is expected to automate various manual tasks, thereby improving internal communication and operational efficiency. Moreover, it will facilitate reduced paper consumption and better document management through cloud storage.

Ango stressed that digitization will significantly enhance the operational capabilities of FCT-IRS. This aligns with the government’s objective of increasing revenue for the advancement of the Federal Capital Territory, as supported by Mr. Wike’s leadership.

The FCTA’s investment in a Microsoft 365 licence represents a strategic move towards digitizing revenue collection operations in the Federal Capital Territory. This initiative aims to automate manual processes, enhance communication, reduce paper usage, and contribute to the overall efficiency of the FCT-IRS. Ultimately, these efforts are expected to bolster revenue generation, supporting the developmental goals of the territory.

Original Source: newscentral.africa

Marcus Thompson

Marcus Thompson is an influential reporter with nearly 14 years of experience covering economic trends and business stories. Originally starting his career in financial analysis, Marcus transitioned into journalism where he has made a name for himself through insightful and well-researched articles. His work often explores the broader implications of business developments on society, making him a valuable contributor to any news publication.

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