RMAFC Sets Up Planning Committee To Drive China Oil And Gas Investment Push

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The Revenue Mobilisation Allocation and Fiscal Commission has inaugurated a Planning Committee to coordinate preparations for the forthcoming Oil and Gas Investment Forum scheduled to hold in China later this year.

The Chairman of the Commission, Dr Mohammed Bello Shehu, represented by the Investment Monitoring Committee and Federal Commissioner representing Anambra State, Hon Ekene Enefe, chaired the inaugural meeting held at the Commission’s headquarters in Abuja.

In his remarks, Dr Shehu underscored the importance of strategic planning, effective coordination and strong institutional collaboration in ensuring the successful implementation of the programme, noting that the forum would provide a credible platform for showcasing Nigeria’s investment opportunities across the oil and gas value chain.

He charged the Planning Committee to develop a comprehensive framework for the event, identify priority investment opportunities, coordinate stakeholder participation and facilitate strategic engagements with prospective investors and partners in China.

According to him, the investment forum would feature business to business engagements, investment matchmaking, technical presentations and policy dialogue aimed at promoting sustainable partnerships between Nigeria and China in the oil and gas sector.

The Chairman reaffirmed the Commission’s commitment to collaborating with relevant institutions and stakeholders within its constitutional mandate, to support initiatives that strengthen investment and improve revenue generation.

The inauguration of the Planning Committee marks an important step toward the coordinated preparation for the China oil and gas Investment Forum, aimed at promoting Nigeria’s investment opportunities in the international oil and gas market.

The Planning Committee comprises representatives of the Nigerian Upstream Petroleum Regulatory Commission, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, the Nigerian Investment Promotion Commission, the Federal Ministry of Industry, Trade and Investment, the Oil and Gas Free Zone Authority and the Nigeria China Business Council.

Also in attendance was the Federal Commissioner representing Kogi State, Hon Abdulaziz Idris King, alongside other members of the Investment Monitoring Committee.

By Asiwaju Adekunle Saheed

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