RMAFC, FIRS Lead Revenue Recovery, Boost Transparency

In a bold move to enhance fiscal transparency and plug persistent revenue leakages, the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has launched a six-month Revenue Recovery Exercise in partnership with the Federal Inland Revenue Service (FIRS). The initiative, which engages professional consultants to identify and recover unremitted revenues across key sectors, marks a renewed effort to strengthen Nigeria’s fiscal governance and rebuild public confidence in financial accountability.

Speaking recently at the flag-off ceremony in Abuja, Mr. Mohammed Shehu, Chairman of RMAFC, described the initiative as “a deliberate, result-oriented innovation” that aligns with President Bola Tinubu’s Renewed Hope Agenda. According to him, the programme is not merely an administrative routine but a strategic intervention designed to ensure every recoverable naira due to the federation is transparently remitted.

“This is about plugging leakages, enhancing transparency, and empowering the fiscal capacity of all three tiers of government,” Shehu said. “It’s a matter of governance integrity and national trust.”

On his part, Dr. Zacch Adedeji, Executive Chairman of FIRS, represented by Shettima Tamadi, Coordinating Director, reaffirmed the service’s commitment to working hand-in-hand with RMAFC to bridge Nigeria’s revenue gap. “With stronger collaboration between agencies and partners, we can achieve sustainable fiscal growth and strengthen the nation’s economic base,” he added.

For the consultants engaged, the exercise is more than a technical assignment—it’s a national responsibility. Speaking on their behalf, Temitayo Ojeleke pledged professionalism and transparency, emphasizing that the goal is measurable impact.

“This engagement is a national call to duty,” Ojeleke noted. “We’re committed to producing results that reinforce public trust and fiscal discipline.”

The RMAFC Secretary, Joseph Okechukwu, underscored the six-month timeline as crucial for the prompt return of recovered funds to the federation account, saying the recovered revenues would be instrumental in supporting national development priorities.

StakeBridge IRPR’s Perspective

At StakeBridge IRPR Consulting Limited, this development underscores the power of strategic communication and cross-institutional collaboration in achieving national goals. For initiatives like this to succeed, stakeholders – government, consultants, and the public – must share a unified narrative built on trust, transparency, and accountability.

Effective stakeholder engagement and investor-focused communication will not only strengthen fiscal recovery but also inspire confidence among local and international investors who seek clarity and credibility in Nigeria’s governance structures.

The RMAFC-FIRS partnership serves as a timely example of how purpose-driven communication and strategic alignment can transform fiscal policy into measurable impact-one recoverable naira at a time.