The Senator representing Ondo South, Jimoh Ibrahim, has urged President Bola Ahmed Tinubu to create a Ministry of Revenue among the portfolios to be assigned to confirmed ministerial nominees by the President.
Ibrahim gave the suggestion when he visited the President, according to a statement by his media office in Abuja.
He noted that when created, the ministry would serve as a coordinating platform for all revenue generating agencies.
The proposed ministry, according to him, will help the country to navigate its way out of the current socio-economic circumstances.
Ibrahim said: “There are many revenue generating agencies in Nigeria today without a coordinating body or platform.
“The Ministry of Finance is not giving the required mobilisation and coordination in this regard, hence, the need for Ministry of Revenue.
“…In Nigeria, over the years, we have the Ministry of Finance more or less playing the role of a bursar, disbursing all the money remitted into national coffers by generating agencies.
“But there is no treasurer to keep proper records of revenues generated by the various agencies and give them the required impetus to generate more.
“Nigeria definitely needs a national treasurer to be symbolised by the Federal Ministry of Revenue, when created.”
