President Muhammadu Buhari, Thursday swore in the Chairman, Elias Mbam and 29 Commissioners of the Revenue Mobilisation, Allocation and Fiscal commission (RMAFC), charging them not to compromise its constitutional mandate for whatever reasons.
“The mandate of the Commission is very wide and has an important for our country’s economy. The Commission must be fair and just to the three tiers and arms of government without compromising its core mandate, Buhari said.
“In my speech on June 12 Democracy Day, I informed Nigerians that this administration has laid the foundation for transforming our country and liberating our people from the shackles of poverty by putting policies and measures to integrate our rural economies to the national economic grid. Our measure is to extend credit facilities currently available, to be able to encourage and support domestic production of basic goods and reduce our reliance on imported goods.
“I set a target for our country to lift 100 million Nigerians out of poverty in 10 years. This commitment is to further challenge the Revenue Mobilisation, Allocation and Fiscal Commission to rise to its constitutional responsibilities and mandate,” he said.
Buhari said the Chairman and members of the Revenue Mobilisation, Allocation and Fiscal Commission were chosen based on the integrity and proven track records thus, much is expected from them.
“Your appointment as Chairman and members of the Commission was carefully considered based on your proven track records of hard work and integrity. It is therefore the expectation of government that you will rapidly and systematically set to work to address all areas of your mandate in a businesslike manner.
“I will charge the Chairman and honourable Commissioners to concentrate more on expanding the sources of revenue to the federation account and other non-oil sources including solid minerals, use all legal ways and means to strengthen its monitoring mechanism and block leakages of revenue from the federation account , all relevant laws and regulations on revenue collection and remittances should be fully complied with and appropriate sanctions visited on defaulters,” he said.
The President assured the Commission that government will continue to provide all the necessary support that will facilitate its work.