• Tue. Jul 23rd, 2024

Customs, RMAFC Join Forces To Combat Revenue Leakages, Boost Federal Income

ByHybridNewsNg

Oct 5, 2023


In a determined effort to strengthen Nigeria’s revenue generation and address the persistent challenge of revenue leakages, the Acting Comptroller-General of Customs, Bashir Adewale Adeniyi has partnered with the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) at the Nigeria Customs Headquarters in Abuja.

This collaborative initiative aims to align strategies and combine resources to optimize the remittance of accrued revenue to the Federal Government, representing a significant milestone in Nigeria’s financial landscape.

During the meeting, Chairman Muhammad Shehu Umar and his delegation from RMAFC were warmly received by Ag. CGC Bashir Adeniyi. The CGC emphasized his unwavering commitment to this partnership, underlining the collective responsibility to minimize revenue leakages and maximize remittances.

Ag. CGC Adeniyi remarked, “It is a collective responsibility for all of us to come together to minimize revenue leakage and maximize remittance of accrued revenue to the Federal Government.”

He commended RMAFC for their tireless efforts to address revenue challenges, recognizing the pivotal role this collaboration could play in achieving their shared objectives.

Chairman Muhammad Shehu Umar reciprocated the enthusiasm, congratulated Ag. CGC Adeniyi on his appointment, and praised his acceptance of their partnership proposal. Umar reiterated his unwavering support for the CGC’s mission to boost revenue generation, echoing President Bola Ahmed Tinubu’s emphasis on this vital endeavor.

Additionally, Umar lauded the Nigeria Customs Service’s achievements under the leadership of CGC Adeniyi in facilitating trade nationwide, acknowledging that these efforts would stimulate increased revenue generation.

The partnership between the Nigeria Customs Service and RMAFC signifies a concerted effort to strengthen the nation’s finances and reduce revenue losses, ultimately reinforcing Nigeria’s economic resilience.

This collaboration represents a united front in the fight against revenue leakages and underscores the commitment of these two institutions to safeguarding Nigeria’s financial interests.

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