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NRA Signs Tripartite MoU with NPRA and SLMA to Strengthen Revenue Collection and Tackle Leakages

FORUM NEWS SIERRA LEONE by FORUM NEWS SIERRA LEONE
15 April 2025
in BUSINESS
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NRA Signs Tripartite MoU with NPRA and SLMA to Strengthen Revenue Collection and Tackle Leakages
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NRA Headquarters, 5 Gloucester street, Freetown

April 15, 2025

The National Revenue Authority (NRA) today hosted the official signing of a Tripartite Memorandum of Understanding (MoU) with the National Petroleum Regulatory Authority (NPRA ) and the Sierra Leone Maritime Administration (SLMA) at its headquarters, 5 Gloucester Street, Freetown.

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The MoU marks a strategic move to enhance inter-agency coordination, streamline operations, and jointly address revenue leakages across the petroleum and maritime sectors, that are the two key contributors to national revenue.

Present at the ceremony were Commissioner General of the NRA, Mrs. Jeneba J. Bangura, who hosted the event; Director General of the NPRA, Mr. Brima Baluwa Koroma; and Mr. Hassan Lahai, representing the (SLMA). In her key note address, Madam Bangura urged all parties to translate the MoU into a concrete action, emphasizing that its values lies in implementation, not formality.

All three institutions reaffirmed their commitment to working together to close compliance gaps, improve information sharing, and ensure more efficient revenue collection through unified systems and regulatory oversight.

The MoU outlines key areas of collaboration, including joint technical engagements, policy harmonisation, and capacity building, positioning the partnership as a vital step toward achieving greater transparency, operational synergy, and long-term fiscal sustainability.

Public Affairs and Tax Education

National Revenue Authority

RENSIS House, 5 Gloucester Street, Freetown

Website:www.nra.gov.sl

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