The federal government has launched an independent data platform for the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to ensure timely and accurate reporting of solid minerals revenue across the states.
The commission said the platform aims to eliminate discrepancies in figures submitted by government agencies and operators in the solid minerals sector.
It explained that the new system will serve as a reliable, discrepancy-free data source for verification, comparison and attribution of revenues generated from the solid minerals sector into the Federation Account.
Speaking in Abuja during a one-day sensitization exercise on the implementation of a new solid minerals data rendition template for effective revenue monitoring, the Chairman of RMAFC, Dr. Mohammed Bello Shehu-represented by Hon. Ibrahim Shettima, the Federal Commissioner representing Niger State-said the system was designed to close existing information gaps and promote transparency in revenue reporting.