New Revenue Sharing Formula’ll Meet Nigerians’ Aspirations – RMAFC   The Revenue Mobilisation Allocation and Fiscal Commission has said it will unveil a new revenue allocation formula for the federal, state and local governments before the end of this year. This is coming years after the revenue...

RMAFC Presents New Revenue Sharing Formula To Buhari December   The Revenue Mobilisation, Allocation and Fiscal Commission says it will be ready to present a new revenue sharing formula to President Muhammadu Buhari for onward transmission to the National Assembly by December. It said the ongoing consultation...

Reps Recommend Arrest Warrants On Kyari, Emefiele, 52 Others       The Committee on Public Accounts has prayed the House of Representatives to issue warrants of arrest on Governor of the Central Bank of Nigeria, Godwin Emefiele; Group Managing Director of the Nigerian National Petroleum Corporation, Melee...

RMAFC Plans Review Of Revenue Sharing Formula       The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, Elias Mbam, has said that the commission has completed plans to begin the review of the nation’s revenue sharing formula. He added that the review of remuneration for political...

NNPC Adopts Third Party Financing For Oil, Gas Projects       The Nigerian National Petroleum Corporation on Tuesday said it was currently focusing on third party financing of oil and gas development projects. Group Managing Director, NNPC, Mele Kyari, said this while playing host to the Chairman, Revenue...

RMAFC Canvasses Revenue Agencies Collaboration To Boost Federation Account         The Revenue Mobilisation Allocation and Fiscal Commission has called for collaboration and co-operation from revenue regulatory agencies in order to ensure increased revenue accruals to the federation account. Chairman of the commission, Elias Mbam, made the call...