Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) don yan say dem don set up one Central Bank Monitoring Committee (CBMC) wey go dey watch how money dey enter and comot from Federation Account wey dey CBN.
Di Chairman of RMAFC, Dr. Mohammed Bello Shehu, talk say dem create di committee since February 2021 to make sure monitoring strong well-well and to stop money matter wey dey always confuse government budget.
Shehu yarn this one through di Committee Chairman wey be Commissioner represent Ebonyi State, Engr. Nduka Henry Awuregu, for one retreat wey dem hold for Kano. He talk say na plenty report and memo wey show say revenue projection dey always fail and e dey create big deficit for national and state budget na im push dem to act.
“With di new RMAFC Act 2025, di Commission don get wider power to monitor. Na why all hand suppose dey deck now to reposition RMAFC make e fit deliver with professionalism,” Shehu talk.
He still add say strong collaboration with CBN dey very important. “CBN na key institution wey RMAFC must relate with to monitor how money dey enter and leave Federation Account,” he talk.
Professor Steve Ugba, di Vice Chairman of di Committee, talk say di retreat go help dem check whether di oversight dey work well, improve cooperation with other agencies, and discuss di important matter of transparency for national planning.
Di Secretary to di Commission still talk say di retreat na timely move. According to am, “E go help dem see where dem dey get am right or wrong and streamline activities so dem fit achieve di mandate.”
 to dey track revenue inflow and disbursement for Federation Account wey dey CBN. Di move na to stop revenue shortfall and improve fiscal transparency.){kind=link}