Business

RMAFC Chairman Holds Strategic Talks with Interior Ministry to Boost Investment Opportunity

Published

22 hours ago

April 16, 2026

Joel Ajayi

The Honourable Chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr. Mohammed Bello Shehu OFR, on Thursday, led a highpowered delegation from the Commission on a courtesy visit to the Honourable Minister of Interior, Dr. Olubunmi Tunji-Ojo, in Abuja, where both organisations held strategic discussions on revenue mobilisation, investment facilitation, migration governance and national development.

In a statement issued on Thursday in Abuja by the Head, Information and PR UnitRMAFC Maryam Umar Yusuf, mnipr.

Speaking during the meeting, Dr. Shehu said the visit was aimed at seeking the collaboration of the Ministry to attract more foreign investment.

He hinted that the Commission was planning a strategic oil and gas summit coming up soon so as to attract investment into the upstream and downstream sectors in the oil and gas industry.

The Chairman explained that RMAFC is one of the fourteen constitutional Commissions responsible for monitoring revenue accruals into the Federation Account, ensuring proper disbursement in line with extant laws, reviewing revenue allocation formulas and determining remuneration for political, executive and judicial office holders.

He added that RMAFC also has the mandate to request information from any organisation concerning revenue accruals and remittance.

According to him, “Every legitimate revenue due to the Federation must be properly accounted for and distributed in accordance with the law.”

Dr. Shehu also acknowledged the support extended to the Commission by agencies under the Ministry during the inter-agency verification exercises and other official assignments, describing such cooperation as critical to effective governance and accountability.

He appreciated the Honourable Minister and the Ministry for the reforms being recorded across agencies under the Ministry. “We are very happy to be here to appreciate the Honourable Minister and the Ministry of Interior for the visible strides being recorded. The transformation in the immigration system, civil defence and other agencies is evident, and the nation appreciates these efforts,” he said.

Responding, the Honourable Minister of Interior, Dr. Olubunmi Tunji-Ojo, welcomed the delegation and praised the Commission for initiating the engagement. He said collaboration among ministries, departments and agencies remains indispensable to national progress.

“Collaboration is the soul of governance. No institution can succeed in isolation, and our doors remain open to every agency committed to national development,” the Minister said.
Dr. Tunji-Ojo explained that one of the major policy thrusts of the Ministry has been the use of migration management and immigration documentation as tools for economic growth, ease of doing business and investor confidence.

“Our agenda has been to use migration management as an enabler of business. We have digitised major processes, simplified visa systems, improved transparency and reduced bottlenecks so that investors can access Nigeria more easily,” he stated.

The Minister further clarified that citizenship matters are governed strictly by the Constitution of the Federal Republic of Nigeria, while investor-friendly residency pathways and long-term lawful stay arrangements can be explored within existing legal provisions to support economic objectives.

Earlier in his remarks, the Chairman of the Investment Monitoring Committee of the Commission and federal commissioner representing Anambra State in the Commission, Hon. Enefe Ekene said the Committee’s mandate includes oversight on government investments and initiatives aimed at attracting foreign direct investment into Nigeria.

Speaking further on the purpose of the visit, he said the reason for seeking strategic collaboration with the Ministry was based on the fact that investment depends on a stable, transparent and investor-friendly environment.

He added that the Ministry of Interior remained a critical stakeholder in creating efficient migration, residency, and business entry systems that could boost investor confidence and national revenue.

Other members of the delegation from RMAFC were Hon. Kolade Daniel Abimbola, Federal Commissioner representing Oyo State and Chairman Inland Revenue Monitoring Committee, Hon. Hauwa Umar Aliyu, Federal Commissioner representing Jigawa State in the Commission and a member of the Investment Committee, and some management staff of the Commission.

The Permanent Secretary, Ministry of Interior, Dr. Magdalene Ajani and some management staff of the Ministry also witnessed the meeting.

The meeting ended with a shared commitment by both institutions to deepen cooperation, sustain strategic engagement, and pursue innovative policies capable of enhancing revenue generation, attracting investment, and advancing national development priorities.

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Business

NEXIM Bank Advances Inclusive Growth Through Women and Ethical Leadership

Published

22 hours ago

April 16, 2026

The Gleamer

Joel Ajayi

The Managing Director and Chief Executive Officer of Nigeria Export-Import Bank, Mr. Abba Bello, has positioned women, ethical standards, and strong institutional values as central pillars of the Bank’s strategy to drive inclusive growth and enhance Nigeria’s global competitiveness.

Speaking during activities marking the 2026 International Women’s Month, Bello emphasised that empowering women goes beyond symbolism, describing it as critical to societal stability and economic productivity.

Represented by the Executive Director, Corporate Services, Mr. Ibrahim Gaga, he stressed that women remain indispensable to both family and national development.

According to him, the role of women in society cannot be overstated, urging a shift in perception and greater respect for their contributions. He noted that when given leadership opportunities, women consistently demonstrate diligence, precision, and high performance.

Reinforcing the Bank’s commitment to institutional excellence, Executive Director, Business Development, Stella Okotete, highlighted the importance of workplace values in building trust and sustaining growth.

She linked inclusion directly to development outcomes, noting that when women support one another, institutions become stronger, communities more stable, and nations progress faster. She reaffirmed NEXIM Bank’s commitment to empowering women across Nigeria’s export value chain.

Offering a private sector perspective, Chief Executive Officer of Kulu Abuja, Hauwa Abdulkareem, advocated collaboration over competition among women.

Drawing from her experience, she emphasised the power of support networks, referrals, and visibility in advancing careers.

She challenged women to prioritise value creation over financial gain, encouraging a mindset focused on impact and contribution.

On governance and ethical leadership, legal practitioner and clergy, Sally William Chinedu, presented a three-pronged framework centred on values, ethics, and active sisterhood.

She described values as actions taken even in the absence of oversight, while defining ethics as a safeguard for reputation. She further called for intentional inclusion, urging organisations to amplify women’s voices and eliminate exclusionary practices.

Chinedu outlined practical steps for cultural transformation, encouraging individuals to uphold integrity, speak up for what is right, and actively support female colleagues in the workplace.

In her welcome remarks, Manager, Corporate Communications at NEXIM Bank, Lohya Mamven, reiterated the institution’s commitment to inclusivity.

She stressed that investing in women is not only a matter of equity but a catalyst for sustainable development and economic prosperity.

The event, themed “Give to Gain: Shaping Women for Leadership and Legacy,” underscored a clear policy direction: embedding strong values, enforcing ethical accountability, and promoting collaboration as key drivers of institutional performance and inclusive growth.

At its core, the message from NEXIM Bank was clear—“Give to Gain” is more than a theme; it is a governance approach aimed at building integrity, strengthening trust, and unlocking the full potential of women in advancing Nigeria’s economic future.

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