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DPR, RMAFC Seek Collaboration On FG’s Gas Revenue Drive

DPR, RMAFC Seek Collaboration On FG’s Gas Revenue Drive       The Department of Petroleum Resources (DPR) and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) have met to seek ways to boost revenues from the country’s gas resources, following the federal government’s renewed interest in the...

Gov Yahaya Bello for President of Nigeria?

Gov Yahaya Bello for President of Nigeria? By Yushau A. Shuaib “Eh… My Oga!”, he exclaimed, with surprise written on his face. I quickly glanced backward to see who the call was meant for. Surprisingly, other guests, mostly editors and online publishers, were smiling and laughing. “Alhaji Yushau Shuaib…...

NNPC Adopts Third Party Financing For Oil, Gas Projects

NNPC Adopts Third Party Financing For Oil, Gas Projects       The Nigerian National Petroleum Corporation on Tuesday said it was currently focusing on third party financing of oil and gas development projects. Group Managing Director, NNPC, Mele Kyari, said this while playing host to the Chairman, Revenue...

RMAFC Canvasses Revenue Agencies Collaboration To Boost Federation Account

RMAFC Canvasses Revenue Agencies Collaboration To Boost Federation Account         The Revenue Mobilisation Allocation and Fiscal Commission has called for collaboration and co-operation from revenue regulatory agencies in order to ensure increased revenue accruals to the federation account. Chairman of the commission, Elias Mbam, made the call...

FG Blocks RMAFC’s Proposal On Salaries Review, Revenue Formula

FG Blocks RMAFC’s Proposal On Salaries Review, Revenue Formula         The Revenue Mobilisation, Allocation and Fiscal Commission plans to review the current revenue allocation formula with N830m, while a review of the remuneration packages for political, public and judicial holders will cost N470m. The Federal Government, however,...

NNPC Denies Non-remittance of N21bn Revenue To Federal Account

NNPC Denies Non-remittance of N21bn Revenue To Federal Account         The Nigerian National Petroleum Corporation (NNPC) has denied allegations it did not remit N21bn revenue from Nigeria Liquefied Natural Gas (NLNG) to the Federation Account. Its Group Managing Director (GMD) Mele Kyari dismissed the allegation as pedestrian...