Odimmegwa Johnpeter/Abuja
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has inaugurated a Planning Committee to coordinate preparations for the forthcoming Oil and Gas Investment forum scheduled to take place in China later this year. This was contained in a statement signed by Maryam Umar Yusuf, mnipr, Head, Information and Public Relations Unit RMAFC.
The Chairman of the Commission Dr. Mohammed Bello Shehu OFR, represented by the Investment Monitoring Committee and Federal Commissioner representing Anambra State, Hon. Ekene Enefe, chaired the inaugural meeting held at the Commission’s headquarters in Abuja.
In his remarks, Dr. Shehu underscored the importance of strategic planning, effective coordination and strong institutional collaboration in ensuring the successful implementation of the program. He noted that the forum would provide a credible platform for showcasing Nigeria’s investment opportunities across the oil and gas value chain and attracting meaningful investments into the country.
He charged the Planning Committee to develop a comprehensive framework for the event, identify priority investment opportunities, coordinate stakeholder participation, and facilitate strategic engagements with prospective investors and partners in China.
According to him, the Investment forum would feature business-to-business engagements, investment matchmaking, technical presentations and policy dialogue aimed at promoting sustainable partnerships and strengthening cooperation between Nigeria and China in the oil and gas sector.
The Chairman reaffirmed the Commission’s commitment to collaborating with relevant institutions and stakeholders within its constitutional mandate, to support initiatives that strengthen investment, improve revenue generation and promote sustainable economic development.
The inauguration of the Planning Committee marks an important step towards the coordinated preparation for the China oil and gas Investment forum aimed at promoting Nigeria’s investment opportunities in the international oil and gas market.
The Planning Committee comprises representatives of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigerian Investment Promotion Commission (NIPC), Federal Ministry of Industry, Trade and Investment, Oil and Gas Free Zone Authority, Nigeria-China Business Council, the Director of the Gas and Investment Department, RMAFC, and staff members of the Department.
Also in attendance were the Federal Commissioner representing Kogi State, Hon. Abdulaziz Idris King and other members of the Investment Monitoring Committee.
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