Finance Bill: RMAFC, FIRS Disagree Over Power To Collect, Monitor FG’s Revenue   The Chairman, Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) Ellias Mbam yesterday disagreed with the Chairman of the Federal Inland Revenue Service (FIRS), Dr Muhammad Nami over powers granted the latter to collect...

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...

The Imperative Of New Revenue Allocation Formula, by Abubakar Jimoh           Effort to produce a fair, just, and equitable vertical revenue sharing formula that will be acceptable to the majority of Nigerians brought to the fore, the ongoing review process embarked by Revenue Mobilisation Allocation and...

Anambra, Kogi Join Oil Producing States … Await 13% Derivation Fund Anambra and Kogi States may have finally joined the league of Oil Producing States in Nigeria as their oil wells have been recognised by the Revenue Mobilisation Allocation And Fiscal Commission (RMAFC). The development is sequel...

Buhari To Receive Revised Revenue Sharing Formula By December — RMAFC Boss       The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has said a new revised federation account revenue sharing formula will be ready and presented to President Muhammadu Buahri by the end of 2021. The RMAFC...