The Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission, Dr Mohammed Bello Shehu, has called for greater collaboration between RMAFC and the Nigeria Extractive Industries Transparency Initiative to strengthen transparency and revenue mobilisation in Nigeria’s extractive industries, speaking when NEITI Executive Secretary Musa Sarki Adar paid him a courtesy visit in Abuja.
Shehu described the relationship between both institutions as longstanding and strategic, commending NEITI for providing credible information on the operations and financial flows of the extractive sector that has strengthened public understanding and accountability in the management of Nigeria’s natural resources.
He congratulated Adar on his appointment as Executive Secretary, describing it as well deserved and expressing confidence in his ability to lead NEITI to greater achievements, while assuring the organisation of RMAFC’s continued support in data sharing, research and revenue monitoring.
In his remarks, Adar said the partnership between both institutions must now move to a higher level, highlighting RMAFC’s role in monitoring revenues accruing to the Federation Account and noting that NEITI’s independent reconciliation of financial and physical flows provides valuable data on payments, production and company activities across oil, gas and mining.
He said NEITI’s reports could support RMAFC’s work in revenue verification, policy analysis and measures to improve mobilisation, pointing to Nigeria’s participation in the ongoing 2026 Extractive Industries Transparency Initiative implementation as an opportunity to demonstrate measurable progress in strengthening governance across the sector.
By Asiwaju Adekunle Saheed
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