Business
RMAFC Chairman Advocates Innovative Revenue Strategies for Fiscal Sustainability
Joel Ajayi
The Chairman of the Revenue Mobilization Allocation and Fiscal Commission (RMAFC), Dr. Mohammed Bello Shehu, OFR, has emphasized the urgent need for innovative and sustainable revenue generation strategies to address increasing public service demands at all levels of government.
Speaking this morning at the opening ceremony of a two-day training programme titled “Optimizing Revenue Generation, Budgeting Process, and Good Governance”, Dr. Shehu reiterated the Commission’s constitutional mandate to advise the three tiers of government on fiscal efficiency and revenue enhancement. He emphasised that strengthening revenue generation was no longer an option but a necessity for economic stability and sustainable development.”
The training programme, which is scheduled to hold from Wednesday, February 26th, to Thursday, February 27th, 2025, at the Dame Pauline Tallen Banquet Hall, National Centre for Women Development, Abuja, is designed to equip government officials and stakeholders with the necessary knowledge and skills to improve revenue mobilization, budgeting, and fiscal management.
The Chairman underscored the importance of strategic partnerships, optimal pricing strategies, and efficient fiscal management in enhancing revenue generation. He noted that the programme would provide a platform for participants to engage with experts and explore best practices in revenue optimization. “We must move beyond traditional revenue sources and explore new frontiers to boost fiscal sustainability,” he added.
At the end of the training, participants are expected to have a deeper understanding of revenue generation challenges and opportunities, acquire practical skills in revenue mobilization and management, develop strategic partnerships to enhance revenue generation and identify innovative solutions to address revenue shortfalls by leveraging areas of comparative advantage.
Dr.M.B. Shehu, who urged all stakeholders to take full advantage of the training, emphasised that achieving fiscal sustainability requires proactive measures, collaboration, and a commitment to good governance.
Business
Clean Energy Transition Can’t Succeed Without Workers’ Rights – REAN
By Joel Ajayi
The Executive Secretary of the Renewable Energy Association of Nigeria (REAN), Dr. Tosin Akande, has emphasized that a successful clean energy transition is impossible if workers’ rights are neglected.
The energy transition refers to the shift from reliance on fossil fuels to renewable and cleaner energy sources for a more sustainable and environmentally friendly future.
Dr. Akande issued this warning in her goodwill message at the public presentation of the Workers’ Charter of Demand and Stakeholders’ Engagement held on Thursday in Abuja.
She stressed the importance of worker inclusion in the clean energy transition, warning that ignoring labor rights could jeopardize the process.
“A clean energy transition cannot be successful if workers are neglected. We must create mechanisms for reskilling and upskilling, particularly for workers who have spent their careers in the fossil fuel industry,” she stated.
Dr. Akande also highlighted the renewable energy sector’s vast potential for job creation, emphasizing the need for strong policies to prevent unemployment and poor working conditions.
“Without strong policies, many workers could face job losses or poor working conditions,” she warned.
Her goodwill message reinforced the urgent need for collaboration among government, labor unions, and industry stakeholders to ensure that Nigeria’s transition to clean energy is both equitable and sustainable.
Dr. Akande commended Friedrich-Ebert-Stiftung (FES) Nigeria and its partners for their dedication to advocating labor rights amid Nigeria’s energy transition process.
The event, organized by the Institute for Peace and Conflict Resolution (IPCR) in collaboration with FES Nigeria, also marked the launch of the Justice Department Transition Project, which aims to ensure a just and sustainable shift to renewable energy.
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