Strictly Monitor Revenue-generating Agencies, Akume Asks RMAFC

Secretary to the Government of the Federation, George Akume has asked Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to strengthen revenue monitoring by ensuring the compliance of revenue-generating agencies to established rules.

He also asked RMAFC to prioritise non-oil revenue mobilisation, fast-track the review of the revenue allocation formula, align its strategies with the administration’s economic transformation agenda, and collaborate with key stakeholders, including the National Assembly, ministry of finance, and other relevant agencies.

“The nation expects results, and I am confident that this team will fulfill its responsibilities with diligence and excellence. Your work will shape the financial future of Nigeria, and together, we will build a stronger and more self-sufficient economy,” the SGF stated during his visit to the commission headquarters in Abuja on Tuesday.

The visit coincided with the inaugural plenary meeting of the recently sworn-in federal commissioners.
RMAFC chairman Mohammed Bello Shehu said the visit underscores the importance of RMAFC’s mandate in fostering fiscal efficiency and equitable revenue distribution. He remarked that the commission plays a pivotal role in Nigeria’s economic governance.

“This occasion provides a unique opportunity for direct engagement between the commission and the highest coordinating office of the federal government. As a constitutional body, RMAFC plays a pivotal role in Nigeria’s economic governance by ensuring fair and transparent revenue allocation among the three tiers of government,” he stated.
He reaffirmed the commission’s commitment to supporting the Renewed Hope Agenda of President Bola Ahmed Tinubu, emphasizing the need for strategic frameworks to enhance revenue generation and fiscal sustainability.
Federal commissioner representing Kwara State, Ismail Mohammed Agaka, who gave the vote of thanks, commended the SGF for the visit while giving the assurance that the Commission remained committed to delivering on its mandate.
“This visit has reinforced the synergy between RMAFC and the Presidency. We assure you of our unwavering commitment to national development and alignment with the administration’s policy direction,” he stated.
He further said, “This event marked a significant step in the Commission’s engagement with the presidency, reinforcing the administration’s focus on fiscal accountability, revenue growth, and national economic transformation.”