RMAFC strengthens collaboration with Ministry of Interior to attract foreign investment

The Revenue Mobilisation Allocation and Fiscal Commission RMAFC is enhancing its collaboration with key government institutions to attract foreign investment and boost revenue generation. This initiative was highlighted during a courtesy visit by the RMAFC Chairman, Dr Mohammed Shehu, to the Minister of Interior, Dr Olubunmi Tunji-Ojo, in Abuja. The discussions focused on revenue mobilisation, investment facilitation, migration governance, and national development. Dr Shehu emphasized that the visit aimed to secure the Ministry of Interior's support in attracting more foreign investment and mentioned plans for a strategic oil and gas summit to draw investors into the industry. The RMAFC, a constitutional body, monitors revenue accruals, ensures proper disbursement, reviews allocation formulas, and determines public office holders' remuneration. It also seeks revenue-related information to enhance transparency. Minister Tunji-Ojo stressed the importance of inter-agency collaboration for national progress, stating that the Ministry has prioritized migration management and immigration documentation to drive economic growth and investor confidence. He noted that digitized processes, simplified visa systems, and reduced bottlenecks aim to make Nigeria more accessible to investors. The Chairman of the Investment Monitoring Committee, Enefe Ekene, added that engaging the Ministry of Interior is crucial for promoting a stable, transparent, and investor-friendly environment, with effi