Gov. Yahaya Bello of Kogi, on Thursday called for the review of the revenue-sharing formula with the federal government’s share dropping from 52.68 per cent to 39 per cent. He also proposed that ...

Civil Society Organisations have commended President Bola Tinubu in his efforts to establish a fair and constitutionally compliant Value Added Tax sharing formula. The groups described the move as a ...

The federal government has directed the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) to accelerate the review of the revenue allocation formula, which has not been updated in over two ...

The chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr Mohammed Bello Shehu, has reaffirmed the Commission’s determination to produce a new, equitable, and data-driven ...

Rivers state Governor, Nyesom Wike, has urged the Revenue Mobilisation Allocation and Fiscal Commission to reduce revenue accruable to the Federal Government from the federation account to 40 per cent ...

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says it will be more productive to review the nation’s revenue allocation formula every five years. This is contained in a communique ...

The federal government, on Friday, acknowledged the fact that a new revenue allocation formula for the country was long overdue. Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, ...

A foundation member of the All Progressive Congress, APC, Osita Okechukwu, on Tuesday, backed the proposed review of the existing Revenue Allocation Formula, saying it is long overdue. Okechukwu ...

There is need to review the revenue allocation formula in the overall interest of the country Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Elias Mbam said recently ...