In a major stride toward fiscal sustainability and economic transformation, the Federal Government of Nigeria has unveiled the Revenue Optimization and Assurance Project (REV OP), a bold initiative aimed at plugging revenue leakages, enhancing transparency, and driving inclusive economic growth.

The project, launched under the economic leadership of President Bola Ahmed Tinubu and unveiled by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, reflects the administration’s deep commitment to public financial reform and digital innovation.

Speaking at a high level session at the Ministry of Finance in Abuja, Minister Edun described REV OP as more than a rebrand. He called it a “clean break” from past inefficiencies, ushering in a new era of accountability and financial discipline. The session was attended by key representatives from the Federal Inland Revenue Service (FIRS), Central Bank of Nigeria (CBN), the Office of the Accountant General, and private sector technology partners.

A two tier governance structure has been established to oversee the project, comprising a Steering Committee and a dedicated Project Management Team, with daily coordination meetings to ensure efficiency and timely delivery. This framework is designed to drive results and ensure that REV OP remains focused on its objectives.

REV OP aligns closely with President Tinubu’s Renewed Hope economic vision to increase domestic revenue, block leakages, and create an investor friendly, transparent fiscal environment.

With this initiative, the Tinubu administration is laying the foundation for a more prosperous and secure financial future for Nigeria.