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RMAFC Advocates Seamless Investment Preocesses

Published

5 months ago

May 4, 2026

Joel Ajayi

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has called for urgent reforms to streamline investment processes and eliminate bureaucratic bottlenecks as part of efforts to enhance Nigeria’s attractiveness to both domestic and foreign investors.

This position was advanced during a courtesy visit by a delegation led by Hon. Enefe Ekene, Chairman of the Commission’s Investment Monitoring Committee, to the Honourable Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole in her office in Abuja.

In a statement signed by Head, Information and Public Relations UnitRMAFC Maryam Umar Yusuf, mnipr on Monday in Abuja

Speaking during the engagement, Hon. Enefe Ekene emphasised the need for Nigeria to align its investment processes with global best practices, particularly in the area of business registration and investor onboarding. He noted that delays of up to two to three weeks for company registration are no longer competitive in a fast-paced global investment environment.

“Our Committee on Investment Monitoring has been closely tracking investment-related processes, and we felt it necessary to engage directly with the Ministry to address some of the bottlenecks we have observed,” he stated.

He further stressed that inefficiencies in the system discourage potential investors, many of whom operate within tight timelines and may opt for jurisdictions with faster and more predictable processes.

“The world has moved on. Investors expect seamless, one-stop-shop systems where critical processes such as company registration are completed within days, not weeks. If we fail to meet these expectations, we risk losing valuable investment opportunities,” he added.

Hon. Enefe Ekene also underscored the Commission’s evolving role beyond revenue sharing, noting that RMAFC is committed to supporting initiatives that will expand Nigeria’s revenue base through improved investment inflows.

“As a Commission, we must move beyond revenue distribution to actively supporting initiatives that will grow the nation’s revenue. By improving the investment climate, we can significantly enhance national earnings and drive sustainable economic growth,” he said.

In her response, the Honourable Minister, Dr. Jumoke Oduwole acknowledged existing challenges within the investment ecosystem while highlighting ongoing reforms aimed at improving service delivery and institutional coordination.

“We acknowledge that while progress has been made, there are still gaps that need to be addressed. Mr. President has emphasised the need for stronger coordination across government institutions to enhance service delivery, and this is already being implemented,” she said.

The Minister noted that deliberate efforts are being made to strengthen collaboration with key agencies, including the Corporate Affairs Commission, to ensure that business registration processes and related services are more efficient and responsive to investor needs.

“There have been notable strides and measurable achievements; however, much more remains to be done. Our focus is on deepening reforms across the entire investment ecosystem to ensure efficiency, transparency, and improved outcomes,” she added.

Dr. Oduwole reaffirmed the Ministry’s commitment to synergise with RMAFC and other stakeholders in advancing Nigeria’s investment climate, in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu.

“I assure you of our continued collaboration with RMAFC to strengthen investment opportunities and deliver better services for investors and the Nigerian economy,” she stated.

Other members of the RMAFC delegation contributed to the discussions, further enriching the dialogue with diverse perspectives. Hon. Mohammed Kabeer Usman emphasised the importance of strengthening support for domestic investors while commending the Honourable Minister for ongoing efforts in that regard. Hon. Abdulaziz Idris King highlighted the need for clearer identification and operationalisation of Export Free Zones so as to enable investors to adequately benefit from available incentives. In her contribution, Hon. Hauwa Umar Aliyu underscored the importance of improving coordination across relevant institutions to enhance investor experience.

The engagement marks a significant step in fostering inter-agency collaboration aimed at removing structural impediments to investment, enhancing ease of doing business, and ultimately boosting national revenue generation.

The RMAFC delegation comprised Hon. Enefe Ekene, Chairman Investment Monitoring Committee and Federal Commissioner representing Anambra State; Hon. Sa’ad Bello Ibrahim, Federal Commissioner representing Plateau State; Hon. Hauwa Umar Aliyu, Federal Commissioner representing Jigawa State; Hon. Abdulaziz Idris King, Federal Commissioner representing Kogi State; Hon. Modu Ali Juluri, Federal Commissioner representing Yobe State; Hon. Mohammed Kabeer Usman, Federal Commissioner representing Gombe State; and Hon. Aruviere Egharevwa, Federal Commissioner representing Delta State.

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Nigeria at 66: ‘We Must Not Lose Faith in Nigeria’ — FCC Boss Omidiran

Published

14 hours ago

October 1, 2026

The Gleamer

Joel Ajayi

The Executive Chairman of the Federal Character Commission (FCC), Honorable Hulayat Motunrayo Omidiran, has called on Nigerians to use the occasion of the nation’s 66th Independence Anniversary to renew their faith in Nigeria, strengthen national unity and recommit themselves to building a more inclusive and prosperous country.

In her 66th Independence Day message, Hon. Omidiran described October 1 as more than a celebration of freedom, saying the anniversary provides an opportunity for Nigerians to reflect on the country’s journey, acknowledge its progress and challenges, and renew the collective determination to build a nation where every citizen has a sense of belonging.

According to the FCC Executive Chairman, the Federal Character Principle remains particularly important to the quest for national cohesion because equitable representation promotes a sense of ownership and confidence in the Nigerian project.

“Nigeria is a nation of great diversity and
enormous potential. Our responsibility is to ensure that this diversity becomes a bridge that connects us rather than a barrier that separates us. Every Nigerian deserves to feel that he or she belongs to this country and has a role to play in its development,” Omidiran said.

The FCC boss called on government institutions at all levels to remain committed to fairness, equity, accountability and inclusive governance, while urging citizens to support efforts aimed at strengthening national institutions and promoting peaceful coexistence.

“We must not lose faith in Nigeria. The challenges before us are real, but so are the opportunities and the enormous human and natural resources available to us. Every citizen has a responsibility to contribute his or her own quota to building the Nigeria we desire,” she stated.

The FCC Executive Chairman also urged young Nigerians to remain committed to acquiring knowledge and skills, entrepreneurship, innovation, sports and other productive ventures, describing the youth as critical stakeholders in the country’s future.

“As we celebrate 66 years of independence, let us remember that the Nigeria we want cannot be built by government alone. It requires the commitment of all of us – leaders and citizens, young and old, from every part of the federation. Together, we can build a Nigeria where justice, fairness, opportunity and peace are available to all,” she said.

Omidiran reaffirmed the FCC’s commitment to the effective discharge of its constitutional mandate and to supporting efforts that promote equitable representation and inclusive national development across the federation.

The former lawmaker wished Nigerians at home and abroad a peaceful and memorable 66th Independence Anniversary, praying for continued peace, stability, prosperity and progress for the Federal Republic of Nigeria.

“Our differences should never be greater than our common identity as Nigerians. Let us continue to choose unity over division, service over self-interest and hope over despair. The Nigeria of our dreams is possible if we all play our part,” Omidiran said.

“On behalf of the Federal Character Commission, I congratulate all Nigerians on this 66th Independence Anniversary. May this occasion renew our patriotism, strengthen our unity and inspire us to work together for a stronger, more equitable and prosperous Nigeria. May God bless the Federal Republic of Nigeria,” she added.

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