Everest Amaefule, Abuja
The Revenue Mobilisation Allocation and
Fiscal Commission has said that it will complement the efforts of the
Federal Government in the effective implementation of the 2016 budget by
beefing up revenue generation from diverse sources and ensuring timely
remittances by all revenue generating agencies into the Federation
Account.
In a statement issued by its
spokesperson, Mr. Ibrahim Mohammed, in Abuja on Wednesday, the
commission also asked the Federal Government to discard subsidy on
petroleum products.
Mohammed said in order to ensure
effective implementation of the budget, the RMAFC would stick to its
mandate of monitoring the accruals to and disbursement of revenue from
the Federation Account and advising the federal and state governments on
fiscal efficiency and methods by which their revenues could be
increased.
He said beyond mobilising revenue from
traditional sources of oil and gas, and the non-oil sector, the RMAFC
had in the last two years been effectively engaged in promoting economic
diversification through advocacy and mass mobilisation campaign aimed
at boosting the revenue base of the nation.
He added that the agency also had the
difficult task of campaigning for the reduction of the overdependence on
oil revenue by states and local governments despite the abundance of
human and natural resources in the country.
In this regard, Mohammed said the
commission had between 2011 and 2013 visited all the six geo-political
zones of the country to sensitise government at all levels and
stakeholders on the danger and negative consequences of the continuous
operation of a single-product economy.
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