He argued that reforming their funding framework would strike a more appropriate balance between ensuring adequate operational funding and protecting public finances. Revenue authorities across the world are expected to collect public revenue efficiently and at the lowest reasonable administrative cost,” he stated. On the contrary, Nigeria requires strong, technologically advanced, and professionally managed institutions capable of maximizing revenue collection, combating tax evasion, curbing smuggling, and improving compliance. “Every naira retained by revenue-generating agencies as collection costs is a naira unavailable for distribution through the Federation Account. Indeed, institutions entrusted with collecting public revenue should exemplify the highest standards of efficiency, transparency, and accountability.