RMAFC Aims to Boost Foreign Investment Through Collaboration

The Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) is targeting foreign inflows through enhanced inter-agency collaboration, as stated in a press release issued on Thursday. The statement, attributed to Maryam Umar Yusuf, highlighted a meeting led by RMAFC Chairman Dr.

Moham Shehu with the Minister of Interior, Dr. Olubunmi Tunji Ojo, in Abuja.

The discussions focused on strategies to attract foreign investments and improve revenue mobilization. Dr.

Shehu emphasized the importance of collaboration among various ministries and agencies to create a stable and transparent environment for investors. The RMAFC is responsible for monitoring revenue accruals to the federal account and ensuring proper distribution according to existing laws.

Despite a significant increase in overall foreign inflows, foreign direct investment (FDI) accounted for less than four percent of total capital imports in Nigeria in 2025, indicating a need for improved investor confidence and a more efficient migration and business entry system.