The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has called for the urgent adoption of innovative and sustainable revenue generation strategies to meet the growing demands on public services across all levels of government.
The Chairman of RMAFC, Dr. Mohammed Bello Shehu, made this call on Wednesday at the opening ceremony of a two-day training programme titled “Optimizing Revenue Generation, Budgeting Process, and Good Governance.”
In a statement issued by Maryam Umar Yusuf, Head of Information and Public Relations at RMAFC, Dr. Shehu reiterated the Commission’s constitutional role in advising the federal, state, and local governments on revenue efficiency and fiscal management.
He insisted that strengthening revenue generation is no longer optional but a crucial necessity for achieving economic stability and sustainable development.
The training programme, scheduled to run from Wednesday, February 26 to Thursday, February 27, 2025, is designed to equip government officials and stakeholders with the skills and knowledge required to improve revenue mobilization, budgeting, and fiscal management.
Dr. Shehu noted the importance of strategic partnerships, optimal pricing policies, and efficient fiscal management as key elements in boosting revenue generation.
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He stated that the programme would serve as a platform for participants to engage with experts, share experiences, and explore best practices in revenue optimization.
He also urged stakeholders to look beyond traditional revenue sources and explore new strategies to ensure fiscal sustainability.
After the training, participants are expected to gain a deeper understanding of revenue generation challenges and opportunities, develop practical skills in revenue mobilization, build strategic partnerships, and identify innovative solutions to address revenue shortfalls.
Dr. Shehu urged all stakeholders to fully engage in the training, stressing that achieving fiscal sustainability requires proactive measures, collaboration, and a commitment to good governance.