By Vivian Emoni
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) and the Ministry of Interior are collaborating to strengthen revenue mobilisation, and boost foreign investment for national development.
The Chairman of RMAFC, Dr Mohammed Shehu, made this known when he led a delegation on a courtesy visit to the Minister of Interior, Dr Olubunmi Tunji-Ojo, on Thursday in Abuja.
Shehu said the visit sought collaboration to attract more foreign investment, and announced plans for an upcoming oil and gas summit to boost upstream and downstream investment.
According to him, RMAFC monitors revenue accruals, ensures lawful disbursement, reviews allocation formulas and determines remuneration for public office holders.
He said the commission also had powers to request information from organisations on revenue accruals and remittances.
“Every legitimate revenue due to the federation must be properly accounted for and distributed in accordance with the law,” he said.
Shehu commended agencies under the ministry for supporting inter-agency verification exercises and described the cooperation as vital for accountability.
He also praised ongoing reforms across immigration, civil defence and other agencies, while noting visible improvements in service delivery.
While welcoming the delegation, the minister said that collaboration among government institutions was key to achieving national progress.
“Collaboration is the soul of governance. No institution can succeed in isolation.
“The ministry is leveraging migration management and immigration documentation to drive economic growth and improve investor confidence.
“The processes have been digitised, visa systems simplified and transparency improved to ease access for investors.
“Wnile citizenship is constitutionally regulated, investor-friendly residency pathways can be explored within legal provisions,” Tunji-Ojo said.
Earlier, the Chairman of the Investment Monitoring Committee of the commission, Mr Enefe Ekene, said the committee oversees government investments and foreign direct investment initiatives.
Ekene said the collaboration was necessary as investment thrives in a stable, transparent and investor-friendly environment.
He described the ministry as a critical stakeholder in enhancing migration, residency and business entry systems.
The News Agency of Nigeria (NAN) reports that both institutions reaffirmed commitment to deepening cooperation, enhancing revenue generation and attracting investment for national development. (NAN)(www.nannews.ng)
Edited by Kadiri Abdulrahman
