RMAFC seeks more foreign investment through agency partnerships
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) is working closely with other government bodies to attract foreign investment and boost Nigeria’s revenue. Dr Mohammed Shehu, chairman of the commission, led a delegation to the Minister of Interior, Dr Olubunmi Tunji-Ojo, to discuss ways to enhance revenue mobilisation and support national development. The commission is also planning a strategic oil and gas summit to draw investors into the sector. Both institutions agreed to deepen cooperation for economic growth and improved investor confidence.
What we know
- RMAFC aims to attract more foreign investment by strengthening collaboration with key government institutions.
- Dr Mohammed Shehu highlighted the importance of the Ministry of Interior’s support in boosting revenue and investment.
- The commission is planning an oil and gas summit to encourage investment in the industry’s upstream and downstream sectors.
- Dr Olubunmi Tunji-Ojo emphasised the need for inter-agency collaboration and outlined reforms to improve migration management and ease of doing business.
- Both parties agreed to pursue policies that enhance revenue generation, attract investment, and advance national development priorities.
