RMAFC, EFCC Discover $205 million in Unremitted Funds from Oil Firms.

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Through collaboration with the Economic and Financial Crimes Commission, the Revenue Mobilisation Allocation and Fiscal Commission claims to have found $205. 01 million that oil and gas companies had failed to deposit into the federation account.

It stated that it had been working together with the EFCC to monitor and track all accruable income from income-generating organizations going into the federation account.

The RMAFC also stated that it recovered over N192 billion with the assistance of the EFCC, including N74 billion between 2008 and 2015 and N118 billion between 2016 and 2019. This information was included in a statement released on by the RMAFC’s PRO, Nwachukwu Christian.

This was revealed recently in Abuja, Nigeria, when the Chairman of the RMAFC, Mohammed Shehu, paid Chairman of the EFCC, Abdulrasheed Bawa, a courtesy visit. RMAFC further reiterated its commitment to strengthening its collaboration with the EFCC.


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