The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has expressed optimism on the quick recovery of the economy from the effects of recession. It lamented that the prevailing reception “bites harder and negatively impacts on the socio—economic living conditions of the Nigerian populace.” A statement from...

*Proffers suggestions on ways out of recession *Wants Executive to raise capital from asset sales *Ready for President’s Emergency Power Bill *Asks President to dialogue with Niger Delta *Says he must also engage private sector in leadership THE Senate asked the federal government to stop the blame...

Substantial cuts in the salaries of both President Muhammadu Buhari and Vice-President Professor Yemi Osinbajo earlier announced when the duo came to office last year may be nothing to write home about as both of them including Cabinet Ministers and other political appointees pocketed...

At a time Nigerians are groaning under the yoke of recession, Members of the National Assembly (NASS) comprising the Senators and Members of House of Representatives have received a total sum of N6.78 billion as their official salaries and allowances in one year, investigation...

President Muhammadu Buhari has approved the re-appointment of Engr Elias Mbam as Chairman, Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) after his first tenure that ended in November 2015. The announcement was made through a statement from the Office of the Secretary to the Government...

The Revenue Mobilisation Allocation and Fiscal Commission has called on the Federal Government to raise the rate of the Value Added Tax from the current five per cent to between 7.5 per cent and 10 per cent. It said the need to increase the VAT rate...