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Tag: Mr James Faleke

Design New Revenue Sharing Formula, Lawmakers Tell RMAFC

Design New Revenue Sharing Formula, Lawmakers Tell RMAFC         The House of Representatives has asked the Revenue Mobilisation, Allocation and Fiscal Commission to come up with a new revenue sharing formula that will put more resources at the disposal of state and local governments. The House Committee...

Fed Govt Seeks New $1.2bn Loan From Brazil

Fed Govt Seeks New $1.2bn Loan From Brazil       The Federal Government is seeking a $1.2bn external borrowing from Brazil to finance agricultural programmes in the 2021 budget. A request for approval has also been transmitted to the National Assembly. The Minister of Finance, Budget and National...

Reps To CMD: Remit N542m In Three Weeks

Reps To CMD: Remit N542m In Three Weeks   The House of Representatives has ordered the Centre for Management Development to remit a total sum of N542.4m to the Consolidated Revenue Fund of the Federal Government within three weeks. The House Committee on Finance said this is...