The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) and the Nigeria Extractive Industries Transparency Initiative (NEITI) have pledged to deepen collaboration to promote transparency, accountability and improved revenue mobilisation in Nigeria’s extractive industries.
The commitment was made on Friday during a courtesy visit by the NEITI Executive Secretary, Hon. Musa Sarki Adar, to the RMAFC headquarters in Abuja.
RMAFC Chairman, Dr. Mohammed Bello Shehu, described the relationship between both institutions as “longstanding, strategic and mutually beneficial.”
According to a statement by Maryam Umar Yusuf, Head, Information & PR Unit, RMAFC, Dr. Shehu said “RMAFC is delighted to receive the Executive Secretary and his delegation. We value NEITI’s work in promoting transparency and accountability in Nigeria’s extractive sector, and we are committed to deepening this partnership,”
He commended NEITI for providing credible information on the operations and financial flows of the extractive industries, noting that its efforts had improved public understanding and strengthened accountability in the management of Nigeria’s natural resources.
“NEITI has earned a strong reputation through its consistent efforts to uncover facts, reconcile information and promote openness. That work is important to the country and deserves the support of all stakeholders,” he added.
Dr. Shehu assured NEITI of RMAFC’s continued support in data sharing, research, revenue monitoring and policy engagement, and congratulated Hon. Adar on his appointment, expressing confidence in his leadership.
In his remarks, the NEITI Executive Secretary said the partnership must now be taken “to a higher level” to support Nigeria’s fiscal goals.
“The relationship between NEITI and RMAFC is not new. It is a partnership built over time, and we must now take it to a higher level,” Hon. Sarkin Adar said.
He noted that reliable information on revenues from oil, gas and mining is essential for fiscal management and public accountability.
NEITI’s independent reconciliation of financial and physical flows, he said, provides useful data on revenues, payments, production, exports and company activities that can support RMAFC’s work in revenue monitoring, verification and policy analysis.
Hon. Adar also highlighted Nigeria’s participation in the ongoing 2026 EITI implementation under the 2023 EITI Standard, describing it as an opportunity to demonstrate progress in governance of the extractive sector.
He invited RMAFC to the Global EITI Conference scheduled for October 8–9, 2026 in Brussels, Belgium, where Nigeria is expected to showcase its resource governance reforms.
He called for stronger collaboration in data sharing, revenue mobilisation, research, capacity building and policy dialogue to build “a more coordinated institutional framework for revenue assurance and resource governance.”
Delivering the vote of thanks, Director of Solid Minerals, Mal. Rabiu Kabiru, reaffirmed the importance of the partnership and expressed confidence it would continue to produce positive results for both institutions and the country.
The meeting was attended by RMAFC Secretary, Comrade Tosin Adeyanju, directors and special advisers to the Chairman.