Site icon The Trumpet Newspaper Nigeria

FIRS launches strategic revenue monitoring committee to boost generation

FIRS committee

The Federal Inland Revenue Service (FIRS) on Tuesday, May 13, 2025, inaugurated the FIRS Sub-Technical Committee on Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) at its headquarters in Abuja. The initiative, led by FIRS Executive Chairman Dr. Zacch Adedeji, marks a significant step toward reinforcing inter-agency collaboration in internal revenue monitoring.

The newly established committee, comprising senior officials from both FIRS and RMAFC, is poised to create a unified front in tracking and managing internal revenue. Dr. Adedeji emphasized the importance of the partnership, stating that strengthening ties between both agencies would not only improve operational synergy but also enhance Nigeria’s economic stability and fiscal discipline.

ADVERTISEMENT

Speaking during the inauguration, Dr. Adedeji noted that the formation of the committee signals a transformative shift in how revenue collection and allocation are handled, aiming to close gaps, eliminate redundancies, and ensure transparency in public finance management. The engagement with the Internal Revenue Monitoring Committee (IRMC), a subunit of RMAFC, further reinforced the shared commitment to leveraging technical expertise for national development.

Related Articles:

Both agencies plan to align their strategic objectives to streamline revenue collection, improve accountability, and establish a more responsive fiscal system. With this collaboration, the government aims to tackle existing challenges in revenue administration while building a more resilient economic framework capable of supporting long-term national growth.

As Nigeria continues to seek innovative solutions to its revenue shortfalls, this partnership between FIRS and RMAFC positions itself as a critical blueprint for enhanced financial governance and economic progress.

Exit mobile version