Business
How we recovered N319 billion unremitted revenue from MDAs -RMAFC
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) said it has recovered the sum of N319 billion in unremitted money from Ministries, Departments, and Agencies (MDAs) in the last two years.
The Chairman of the commission, Mr Mohammed Shehu, who disclosed this in a media interview on Saturday, said the Commission had to engage the service of forensic experts to discover the money as some of the MDAs are complicated.
He added that sometimes, the Commission also works with law enforcement agencies like the Economic and Financial Crimes Commission (EFCC) to investigate the MDAs.
Indicating that some of the MDAs try to hide their revenue, Shehu said:
He said the Commission is doing all within its power to block leakages and boost the Federal Government’s revenue generation initiatives.
According to him, one major function of the commission is to monitor the generation and disbursement of revenue from the Federation account.
The chairman said that the RMAFC had created committees to oversee revenue-generating agencies.
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