The National Petroleum Regulatory Authority (NPRA) on Tuesday this week signed a Memorandum of Understanding (MOU) with the National Revenue Authority (NRA) and the Maritime Administration at the NRA’s headquarters office in Freetown.
The MOU aims at cutting down on petroleum revenue leakages on the sea and to sustain revenue growth for the Petroleum Industry in Sierra Leone.
This landmark and symbolic ceremony, which holistically highlights the various responsibilities of the three inter-governmental agencies in the MOU, also aims at strengthening collaboration among the three parties with the sole aim of sustaining and boosting the daily revenue mobilization of all concerned parties.
The Director General of the National Petroleum Regulatory Authority (NPRA), Brima Baluwa Koroma, commended every party for their inputs and aspirations to work together which would greatly help not only the Petroleum Industry, but also NRA and the Maritime Administration in the smooth management of their daily revenue collection.
“To me, revenue mobilization is very much pivotal but our regular coordination amongst MDAs helps us to move forward with our respective objectives. We all have various mandates enshrined in various Acts and at the end of the day; everything fills into an objective of the Government. I’m, therefore, encouraging MDAs that intertwined with one another in the areas of responsibilities should not see themselves as otherwise; but should see themselves with a focused mindsets in actualizing our various roles that would help to strengthen revenue mobilization for the government”, the NPRA Director General, Baluwa Koroma, noted.
Speaking on behalf of her Board, Management and Staff, the Commissioner General of NRA, Mrs Jeneba K. Bangura emphasized on the need for the three institutions to work collectively and not in isolation. She added that the MOU shouldn’t be kept in cupboards but should be given utmost attention for the betterment of the nation’s revenue system.
The NRA Commissioner General assured the leadership of the various parties of her fullest supports in putting the MOU into actionable roles.