The new Chairman of Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) Dr Mohammed Bello Shehu has assured that the Commission would assist the preidwnt Muhammadu Buhari-led APC government to generate more revenue and block leakages.
Dr Bello who the immidiate past secretary of the commission told journalists shortly after he WS sworned in as the chaiman of the commission before the commencement of the federal executive council (FEC) meeting held in Abuja.
“So our task, as revenue mobilisation is how we can assist the President, to get more revenue for the federation and block leakages”.
He noted“The task is challenging. We all know the situation that Nigeria is, or even globally when you look at contemporary African countries like South Africa, Ethiopia, Ghana, Egypt, all the economic issues that are facing including Nigeria,”
“We had the COVID-19, we had a recession, we now have the war with Ukraine, which has affected many countries and revenues are down all over”.
He stated“Looking at the constitutional responsibility of the commission, which of course are, monitoring of accruals to federation account and disbursement, and also monetisation, taking care of the salaries of political office holders, and judicial officers, as enshrined in the constitution that had not been reviewed since 2008″.
The newly appointed chaiman explained that“And also, from time to time, come up with a new revenue allocation formula, which the commission successfully did, sometimes I think, in February this year, and we have submitted our report to President “.
His words,“What he stated at that time was that he was waiting to see what the national assembly will do in terms of looking at the concurrent list and exclusive list and constitutional amendment””
gamjireporters.news.blog 