The Chairman of Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) Muhammad Bello Shehu has called for greater collaboration with the Economic and Financial Crimes Commission, EFCC in the areas of revenue leakages and remittance to government and ensure recovery of unremitted/ lost revenues to the appropriate government coffers.

The Chairman made the call when he paid a courtesy visit to the Executive Chairman of the EFCC, Mr. Ola Olukoyede in his office in Abuja. Shehu said,” We are calling on EFCC for more collaboration, not only in the area of enforcement but also intelligence gathering and data sharing with respect to government revenue from any source. ”

He further said, “The collaboration with your organisation in the area of enforcement served as an impetus to the success recorded in our recovery exercise. It is therefore important to bring to the fore that the collaboration between RMAFC and EFCC is crucial in addressing the challenges of unremitted revenue to the Federation Account.” Shehu also sought the assistance of the EFCC in respect of capacity building for the staff of RMAFC, especially in the area of forensic investigation.

The Chairman disclosed that his organisation had observed that many Revenue Generating Agencies described as Government Owned Enterprises (GOE) by the office of the Accountant General of the Federation are allowed to generate revenue, spend from it and remit the balance as operating surplus to the Consolidated Revenue Fund (CRF).

This, according to him, is not known to the Constitution as all Agencies are constitutionally mandated to remit the revenues generated in gross to the Federation Account as prescribed in section 162 (1) of the 1999 constitution, as amended, which states that the Federation shall maintain a special account to be called, ” The Federation Account” into which shall be paid all revenues collected by the Government of the Federation, except the proceeds from the personal income tax of the Personnel of the Armed Forces of the Federation, the Nigeria Police Force, the Ministry or Department of Government charged with responsibility for Foreign Affairs and the residents of the Federal Capital Territory, Abuja.

The Chairman recalled the collaboration between RMAFC and EFCC in 2013 when forensic consultants were engaged to recover unremitted and under-remitted revenues collected or deducted from the third party by the banks to the Federation Account covering a period of 2008 to 2015, where N74 billion (Seventy Four Billion Naira) was recovered.

He also disclosed that in 2021, the RMAFC engaged another set of consultants in synergy with EFCC and expanded the scope of recovery to include the Public sector and oil and gas sector for a period covering 2016 to 2019 with the approval of Mr. President. The exercise according to him has so far recovered over N216 Billion (Two hundred and sixteen Billion Naira) to the appropriate government coffers and it is still going on.

M. B. Shehu stated that the Revenue Mobilisation Allocation and Fiscal Commission is one of the fourteen (14) Executive Bodies created by S. 153 (1) (n) of the 1999 Constitution (as amended) to ensure the effective and efficient management of the nation’s revenue.

In his remarks, the Chairman of the EFCC Mr. Ola Olukoyede stressed the need for enhanced collaboration between the two organisations to ensure proper management of government revenue. He emphasized that the country can only move forward when there is transparency and accountability in the conduct of government business.

He urged RMAFC to look into the loopholes in the revenue generation and mobilisation system that allows for leakages and emphasized the need for a stakeholder meeting to address the issue.