NASS To Pass New Revenue-sharing Formula, Budget Thursday   President Muhammadu Buhari has transmitted the Finance Bill 2022 to the National Assembly as the federal parliament is billed to pass the 2022 Appropriation Bill by Thursday. Speaker of the House of Representatives, Femi Gbajabiamila, at the plenary...

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...

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...

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...

Minimum Wage: Govs Demand Review Of Revenue-sharing Formula State governors have intensified their call for a review of the nation’s revenue-sharing formula if they must pay the proposed N30,000 new National Minimum Wage. Our correspondent gathered that governors renewed their demand at Thursday’s meeting of the...