Business
RMAFC Hosts Kogi State Governor, Pledges Strategic Support On 13% Derivation Funds and Resources Optimization
Joel Ajayi
The Chairman, Revenue Mobilization Allocation and Fiscal Commission (RMAFC), Dr. Mohammed Bello Shehu OFR has pledged the readiness of RMAFC to ensure that Kogi State receives its due share of the 13% derivation fund as and when due.
The Chairman stated this on Tueaday 18th November 2025 in a statement issued by the Head, Information and Public Relations Unit, RMAFC Maryam Umar Yusuf, shortly after he hosted His Excellency, Alhaji Ahmed Usman Ododo, Executive Governor of Kogi State who led a high-level delegation of officials from the state to an interrractive session with the Commission at its headquarters on how best the state can start benefitting from the 13% derivation fund since it is now recognised as an oil producing state in the country.
Dr. Shehu, who emphasized the commitment of RMAFC to transparent and equitable distribution of revenues to the beneficiaries as stipulated by law, assured the Governor of RMAFC’s unwavering commitment to a fair and just fiscal federalism while pledging that the state would get whatever is due to it. He therefore assured the delegation of the full support of the Commission to the State.
He said, “Whatever issue you table before us, we will try as much as possible, within the provisions of the law to see that Kogi State gets what it deserves. Our role is to ensure that the state receives its rightful share of resources, whether from oil, gas, or solid minerals, and that every allocation is properly documented and protected.”
He further said, ” We will stand firmly with you to provide the data, guidance, and technical support needed to optimize these resources for the benefit of your citizens.”
The Chairman thereafter directed the constitution of a committee comprising officials from Gas Investments and Crude Oil Departments of RMAFC, NIgeria Upstream Petroleum Regulatory Commission ( NUPRC) and Kogi State government to look into the issues raised with the view to finding appropriate solutions to them.
In his speech, Governor Ododo lamented that Kogi state is not enjoying the benefits of the numerous mineral resources it is blessed with.
He wondered why the state was yet to benefit from the 13% derivation fund since its recognition as an oil producing state . The governor therefore sought information on the status of oil and gas activities in the state. He expressed confidence that the Commission would appropriately handle their requests.
He said “I thank you most sincerely for this warm reception and for your vision. We look forward to continued engagement with the Commission to ensure that the resources of Kogi State are fully optimized and benefit our people.”
In her contribution, Barr. Rakiya Tanko Ayuba-Haruna, Federal Commissioner, Kebbi State, remarked that the 13% derivation under public funds in the 1999 Constitution is something the Commission takes very seriously adding that proper data is essential to ensure that states receive what is rightfully theirs while Hon. (Amb.) Desmond Akawor, Federal Commissioner, Rivers State, advised the state goverment to study the post-PIA frameworks so as to be guided in any contractual obligation to know what belongs to the state and avoid challenges in the future.
On the management of solid minerals, Dr. Udodirim Okongwu Director, Inland Revenue Department, who represented the Secretary to the Commisdion, assured the Governor that the Commission is empowered to get every data that is required.
She advised the governor to establish buying centers in the state so as to get attribution for every solid mineral transaction in the state.
Hon. Ashiru Asiwaju, Commissioner for Finance, Budget and Economic Planning, Kogi State emphasized the commitment of the state government to attract additional players in the oil and gas sector by deliberately making available the information that will compel investments to happen.
Mrs. Ekekhide Jennifer, Assistant Director and Head of NUPRC delegation, revealed the ongoing production from OPL 915 (now OML 155) while emphasizing the importance of security and infrastructure development to provide a suitable atmosphere for investors in the sector.
The meeting underscored the shared commitment of RMAFC and Kogi State to strengthen fiscal governance, promote transparency in the management of derivation funds, and ensure that Nigeria’s oil, gas, and solid mineral resources contribute fully to the development of the state and welfare of its citizens.
Business
Chartered Institute of Purchasing and Supply Management Advocates Digitisation of Procurement Processes, Rolls Out New Website
By Joel Ajayi
The Chartered Institute of Purchasing and Supply Management of Nigeria (CIPSMN) has unveiled a revamped website as part of its broader push to accelerate the digitisation of procurement processes across the country.
The relaunch was announced at the institute’s 16th Annual General Meeting (AGM) held on Wednesday in Abuja, where the North Central Coordinator of CIPSMN, Abdul Mamman, said the initiative would strengthen real-time information sharing, expand member participation and align the profession with global best practices.
Mamman warned that organisations and professionals who failed to embrace digital procurement risked being left behind in an increasingly technology-driven environment.
According to him, the upgraded website is designed to provide members with timely feedback, wider engagement and access to real-time information within and outside Nigeria.
“By adopting digital procurement systems and platforms, we create opportunities to save time and efficiently analyse large volumes of activities involved in procurement,” Mamman said.
“When you are digitalised, your coverage is wider and information is shared instantly. That is why we are relaunching our website—to ensure broader participation and enable every member to access real-time information.”
He added that the institute was positioning its members to meet global standards in procurement and supply chain management through the adoption of emerging technologies such as blockchain, artificial intelligence and data analytics.
Mamman explained that the institute’s objective was to add value to procurement by promoting proper sourcing systems, relevant skills, recognised credentials and practical competence.
He also called on the Federal Government to strengthen procurement governance by inaugurating the National Council of Public Procurement, describing it as a critical policy-making body.
“We are appealing to President Bola Tinubu to inaugurate the National Council of Public Procurement,” he said.
“Once inaugurated, the council will oversee procurement activities and report directly to the President, ensuring greater transparency and accountability.”
In his remarks, the President of CIPSMN, Alhaji Sikiru Balogun, said the AGM provided an opportunity to assess the institute’s progress and outline an action plan for 2026.
Balogun disclosed that a major priority for the coming year was securing presidential assent to a bill already passed by the National Assembly, seeking to amend the institute’s name from Purchasing and Supply Management to Procurement and Supply Management.
“The bill has been passed by both the House of Representatives and the Senate. What we now seek is presidential assent,” he said.
“The name change is to align the institute with global best practices and reflect the true scope of the profession worldwide.”
Also speaking, the Registrar of the institute, Alhaji Mohammed Aliyu, described the 2025 AGM as successful, noting growing recognition of procurement as a critical driver of economic development.
Aliyu said the institute remained committed to promoting professionalism, ethical conduct and best practices in procurement, a sector he noted accounts for a significant portion of the national budget.
He called for stricter professionalism in the sector, lamenting what he described as the encroachment of unqualified “mid-career professionals” into procurement roles.
“This is not ideal and is unethical,” he said.
“Our focus in the coming year is to ensure that the profession takes its rightful place, with qualified practitioners occupying procurement positions in both the public and private sectors.”
Aliyu expressed confidence that strengthening professionalism in procurement would support the economic reform agenda of the Tinubu administration and enhance transparency and efficiency in public spending.
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