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PIA: Revenue Accruals to Federation Account Will Reduce – RMAFC

PIA: Revenue Accruals to Federation Account Will Reduce – RMAFC   The Revenue Mobilisation Allocation and Fiscal Commission has declared that the implementation of the Petroleum Industry Act 2021 is going to significantly reduce the revenue accruable to the Federation Account. The RMAFC disclosed this in a...

Lawan Says Petroleum Law Not Perfect, Open To Amendment

Lawan Says Petroleum Law Not Perfect, Open To Amendment       Senate President Ahmad Lawan yesterday said the Petroleum Industry Act 2021 is not perfect and will be amended in future. To him, enacting the law after so many years is significant even if all expectations were not...