At the retreat held between 8th and 12th December, 2019 in Lagos, with the theme, “Consolidating the RMAFC for Greater Efficiency: Issues, Expectations and Way Forward,” it was disclosed that the Commission has been instrumental to the recovery of over N75 billion from revenue collection agencies on behalf of the Federal Inland Revenue Service (FIRS) and the Nigerian Customs Service (NCS).
The Chairman, Engr. Elias Mbam, made the disclosure at the retreat organised for Members and Management which was designed to familiarise and equip members on the operations and responsibilities of the Commission as well as prepare them to deliver efficiently on their mandate and contribute to nation building.
“In this regard, I implore government at all levels to continue to support agricultural development and invest in the development of the solid minerals as means of diversifying the sources of revenue in order to meet the increasing expenditure requirement of governance and development.”
He stated that in compliance with President Muhammadu Buhari’s charge to the Commission while inaugurating the new members, to employ all legal means to strengthen its monitoring mechanism to block all revenue leakages to the Federation Account, the Commission has “carried out reconciliation and verification of revenue collections from revenue collecting agencies on behalf of FIRS and NCS,” adding that, “over N75 billion has been recovered in the process.”