The Federal Government has stepped up efforts to strengthen revenue collection and curb leakages by engaging the banking sector on the Revenue Optimisation Assurance Platform, a digital system designed to improve transparency and accountability in public finance management.
Speaking at a sensitisation workshop organised by the Office of the Accountant-General of the Federation in Abuja on Friday, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, represented by the Permanent Secretary, Special Duties, Mohammed Danjuma, said the platform was introduced to modernise revenue collection across government agencies.
He described RevOp as a centralised digital platform that enables federal agencies to generate, collect, monitor and report revenues in real time.
According to him, the initiative is intended to replace the fragmented manual processes that have long undermined efficient revenue administration in the country.
“RevOp serves as a critical tool in the government’s drive to improve revenue administration, reduce leakages, and enhance public sector accountability,” he said.
