RMAFC Recovers N474m Unremitted Excise Duty From Guinness       The Revenue Mobilisation Allocation and Fiscal Commission on Monday said it had recovered over N474m excise duty from Guinness Nigeria Plc. The Chairman of the commission, Elias Mbam, said the recovered money had been remitted into the Federation...

RMAFC Raises Concern over States’ IGR … Rivers, Kaduna, Enugu, Kwara, Zamfara with impressive IGR in 2019 Against the over-dependence in the monthly Federation Account Allocation, the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has called for concerted efforts by state governments in boosting their internally...

Flared Gas Can Employ Two Million People – RMAFC     The Revenue Mobilisation Allocation and Fiscal Commission on Wednesday lamented missed opportunities occasioned by continued flaring of gas in Nigeria. RMAFC also projected an annual revenue generation of $1bn from gas if the gas sector was properly...

2020: RMAFC To Review Politicians Pay Cut   The Revenue Mobilisation and Fiscal Committee has said it will review the salaries of political office holders in 2020. The Chairman, RMAFC, Mr Elias Mbam, while speaking at a retreat for the members of the commission in Lagos on...

OML 112: Court Restrains RMAFC, AGF From Deducting Rivers' Allocation   The Federal High Court, Abuja, has restrained the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) from deducting money from Rivers statutory allocation in respect of the OML 112 Offshore. The court on Monday, in Abuja,...

RMAFC Sets Up Panels On New Revenue Formula   The Revenue Mobilisation Allocation and Fiscal Commission on Thursday inaugurated 18 standing committees including one that would give the nation a new revenue sharing formula. The standing committees, which comprise 12 constitutional committees and six in-house committees, have...