How Dr. MB Shehu is Transforming RMAFC to a World-class Institution
How Dr. MB Shehu is Transforming RMAFC to a World-class Institution
By Salisu Ibrahim
Revenue Mobilization Allocation and Fiscal Commission (RMAFC), a key Institution of the Federal Republic of Nigeria, is becoming more visible and impactful in its pursuit of fair and equitable distribution of the nation's resources.
Thanks to the visionary leadership of its Chairman, Dr Muhammad Bello Shehu whose strategic approach to leadership, good governance and accountability is leaving a transparent and accountable footprint in the Commission's
fiscal operations.
The country is now witnessing a robust fiscal operations in fulfilment of the Commission's Constitution role.
The Constitution has mandated RMAFC to monitor revenue accruals and disbursements as well as determine remuneration for public office holders.
This task is by no means daunting, yet the Commission's management under the Chairmanship of Dr. Muhammed Bello Shehu is up and doing in meeting up with the nation's expectations.
A cursory look at how the Chairman runs the affairs of the Commission in collaboration with the board and the management is what's working in the strategic repositioning of the Commission's operations.
In all its activities, the Commission focuses on data collection and analysis from government agencies to achieve its mandate, while it reviews revenue allocation formulae every five years, just to ensure fair and equitable distribution of resources.
This perhaps, explain why, RMAFC has been at the forefront of calls for a reduction in the day-to-day government expenditure, and ensuring that public funds are spent judiciously and for the welfare of the people.
Dr. Muhammed Bello Shehu, as Chairman has created a very conducive atmosphere for workers to function effectively. He is undoubtedly promoting the principles of transparency and accountability in Nigeria's fiscal operations in the management of Nigeria's vital resources, and is enjoying the support of his management team and board members.
Under his leadership, RMAFC, has been up and doing, implementing various strategies to meet the nation's and public expectations.
So far, the Commission has developed a clear roadmap and accessible strategies that focuses on transparency and accountability, while reaching out to the relevant stakeholders to enhance its visibility and impact.
Beside that, the Commission has launched several initiatives to enhance its visibility and impact, by developing an acceptable and transparent framework for the management of derivation funds.
Additionally, the Commission has engages consultants to drive the recovery of unremitted revenues, remain open for public scrutiny and has launched several initiatives to promote transparency and accountability as it engages with citizens and relevant stakeholders.
Fiscal efficiency and revenue mobilization as is being driven by the Commission, is currently supporting sustainable economic development of the country, with the Commission leading the process and making it to work for the Nation's growth.
Under Dr. Muhammed Bello Shehu's leadership, RMAFC is committed to promoting transparency and accountability in Nigeria's fiscal operations. It has successfully provided a framework for equitable distribution of resources among federal, state, and local governments, while enhancing fiscal efficiency and revenue mobilization to support sustainable economic development of the country.
The leadership vision of Dr MB Shehu is to transform the Commission to become a world-class institution, that is promoting transparency and accountability in Nigeria's fiscal operations, as it ensures equitable distribution of resources for the benefit of all Nigerians.
Salisu Ibrahim contributed this piece from Kano, could be reached on faccageltd10@gmail.com
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