The Revenue Mobilisation Allocation and Fiscal Commission, RMAFC says on-going monitoring and verification exercise on tax collections by Deposit Money Banks appointed by FIRS and Customs is within its mandate.
It said this in a statement issued by Mr Ibrahim Mohammed, Head, Public Relations in Abuja, adding that the exercise was in order.
Mohammed said as contained in Section 6(1) of the RMAFC Act, 2004, the mandate provided that the commission should have powers to among others, monitor accruals to and disbursement of revenue from the Federation Account.
