Customs partners RMAFC to curb revenue leakages, boost income

In a bid to enhance Nigeria’s revenue generation and block all leakages, the Acting Comptroller-General of Customs, Bashir Adewale Adeniyi has announced a groundbreaking partnership with the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to boost federal income and improve revenue generation.

This was disclosed during a courtesy visit by the Chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Muhammad Shehu Umar to the Customs boss.

In his remarks, Adeniyi said, “This collaborative initiative seeks to align strategies and pool resources to maximize the remittance of accrued revenue to the Federal Government, marking a pivotal moment in Nigeria’s financial landscape.”

The Customs boss expressed his commitment to this partnership, saying “It is our collective responsibility to minimizing revenue leakages and maximize remittances.

“It would be a collective responsibility for all of us to come together to minimize revenue leakage and maximize remittance of accrued revenue to the Federal Government.”

However, he commended RMAFC for their relentless pursuit of solutions to revenue challenges, highlighting the pivotal role this collaboration could play in achieving their shared objectives.

In his response, the Chairman, RMAFC, Muhammad Shehu Umar, said, “On behalf of the commission we congratulate Ag. CGC Adeniyi on your appointment and applauded your acceptance of their partnership proposal.”

Adding, “We reaffirmed our unwavering support for the CGC’s mission to boost revenue generation anchored on President Bola Ahmed Tinubu’s renewed hope mantra.”,

In addition, Umar lauded the Nigeria Customs Service’s strides under the leadership of CGC Adeniyi in facilitating trade across the nation which are capable to catalyze increased revenue generation.

He asserted, “The partnership between the Nigeria Customs Service and RMAFC will promote a fortifying nation’s finances and mitigating revenue losses, ultimately bolstering Nigeria’s economic resilience.”

In view of the development, the collaboration signifies a united front in the battle against revenue leakages and underscores the commitment of these two institutions to safeguarding Nigeria’s financial interests.