Rev Comm seeks EFCC help to recover unremitted revenues from MDAs

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Rev Comm seeks EFCC help to recover unremitted revenues from MDAs
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The Chairman of Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) Mr. Muhammad Shehu has called for greater collaboration with the Economic and Financial Crimes Commission (EFCC) to plug revenue leakage in government agencies and recover unremitted revenues from Government agencies.

The Chairman of Revenue Mobilisation Allocation and Fiscal Commission Mr. Muhammad Shehu has called for greater collaboration with the Economic and Financial Crimes Commission to plug revenue leakage in government agencies and recover unremitted revenues from Government agencies.

“The collaboration with your organisation in the area of enforcement served as an impetus to the success recorded in our recovery exercise. He faulted the practice in which Government Owned Enterprises were allowed to generate revenue, spend from it and remit the balance as operating surplus to the Consolidated Revenue Fund .

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 was recovered.

He emphasized that the country could only the desired economic growth with the enthronement of transparency and accountability in the conduct of government business.

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